This form is a Mineral Deed where the Grantor is a corporation and the Grantee is a limited liability company. Grantor grants and conveys the described property to Grantee. This deed complies with all state statutory laws.
A Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company is a legal document that transfers the ownership of mineral rights from a corporation to a limited liability company (LLC) in the city of Broken Arrow, Oklahoma. This transaction ensures a smooth transfer of assets and allows the LLC to have exclusive rights over the minerals located in a specific property. Keyword: Broken Arrow Oklahoma Mineral Deed, Corporation, Limited Liability Company, transfer of ownership, mineral rights, assets, exclusive rights, property. There are different types of Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company, including: 1. General Mineral Deed: This type of deed transfers all mineral rights, including oil, gas, and other substances, from a corporation to an LLC in Broken Arrow, Oklahoma. It provides the LLC with complete ownership and control over these mineral rights. 2. Specific Mineral Deed: This deed is used when the corporation wants to transfer only specific mineral rights, such as oil or gas rights, to the LLC in Broken Arrow, Oklahoma. It allows for a more focused transfer of assets, depending on the needs and agreements between the corporation and LLC. 3. Limited Mineral Deed: In some cases, a corporation may transfer only a limited share or part of its mineral rights to the LLC in Broken Arrow, Oklahoma. This type of deed specifies the extent and limitations of the transferred rights, ensuring that both parties are aware of the exact scope of the transaction. 4. Non-Participating Mineral Deed: This deed transfers mineral rights to an LLC in Broken Arrow, Oklahoma, with the condition that the corporation retains non-participating interests. This means that although the LLC owns the rights, it cannot directly participate in activities related to the extraction or development of these minerals. The corporation retains the right to receive royalty payments or lease bonuses. Overall, a Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company is a significant legal document that facilitates the transfer of mineral rights from a corporation to an LLC in Broken Arrow, Oklahoma. It ensures the smooth transition of assets and provides the LLC with exclusive rights over those mineral resources. The specific type of deed used depends on the nature and extent of the transfer, as agreed upon by both parties involved.A Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company is a legal document that transfers the ownership of mineral rights from a corporation to a limited liability company (LLC) in the city of Broken Arrow, Oklahoma. This transaction ensures a smooth transfer of assets and allows the LLC to have exclusive rights over the minerals located in a specific property. Keyword: Broken Arrow Oklahoma Mineral Deed, Corporation, Limited Liability Company, transfer of ownership, mineral rights, assets, exclusive rights, property. There are different types of Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company, including: 1. General Mineral Deed: This type of deed transfers all mineral rights, including oil, gas, and other substances, from a corporation to an LLC in Broken Arrow, Oklahoma. It provides the LLC with complete ownership and control over these mineral rights. 2. Specific Mineral Deed: This deed is used when the corporation wants to transfer only specific mineral rights, such as oil or gas rights, to the LLC in Broken Arrow, Oklahoma. It allows for a more focused transfer of assets, depending on the needs and agreements between the corporation and LLC. 3. Limited Mineral Deed: In some cases, a corporation may transfer only a limited share or part of its mineral rights to the LLC in Broken Arrow, Oklahoma. This type of deed specifies the extent and limitations of the transferred rights, ensuring that both parties are aware of the exact scope of the transaction. 4. Non-Participating Mineral Deed: This deed transfers mineral rights to an LLC in Broken Arrow, Oklahoma, with the condition that the corporation retains non-participating interests. This means that although the LLC owns the rights, it cannot directly participate in activities related to the extraction or development of these minerals. The corporation retains the right to receive royalty payments or lease bonuses. Overall, a Broken Arrow Oklahoma Mineral Deed from a Corporation to a Limited Liability Company is a significant legal document that facilitates the transfer of mineral rights from a corporation to an LLC in Broken Arrow, Oklahoma. It ensures the smooth transition of assets and provides the LLC with exclusive rights over those mineral resources. The specific type of deed used depends on the nature and extent of the transfer, as agreed upon by both parties involved.
