This deed grants, bargains, sells, conveys, and transfers to Grantee an undivided ten percent interest in and to all of Grantor's right, title, and interest in the oil, gas, and other minerals in, on, and under that may be produced from the agreed upon land.
A mineral deed in College Station, Texas refers to a legal document that transfers ownership rights of mineral rights from one party to another within the city. It specifically pertains to the ownership and extraction rights of minerals such as oil, gas, coal, and other valuable substances found beneath the surface of the land. College Station, located in Brazos County, Texas, is recognized for its rich mineral resources, prompting the need for mineral deeds and their various types. 1. General Mineral Deed: A general mineral deed allows the transfer of mineral rights from the current owner to a new party. This type of deed is commonly used when the property owner wishes to sell or lease their mineral rights to another entity in College Station. 2. Mineral Royalty Deed: A mineral royalty deed is used when the owner of the mineral rights wants to transfer only a portion of the rights to another party while retaining a royalty interest in the mineral production. With this deed, the owner continues to receive a specified percentage of income from the minerals extracted from the property. 3. Mineral Quitclaim Deed: A mineral quitclaim deed is utilized when the current owner of the mineral rights wants to transfer all of their ownership interest to another party. This deed does not guarantee the existence of the mineral rights or their validity; it simply transfers any rights the granter may possess. 4. Mineral Lease: Although not a deed, a mineral lease is worth mentioning as it grants an individual or company the right to explore, extract, and profit from minerals beneath a property in College Station, Texas. A mineral lease outlines the terms, conditions, and duration of the agreement between the mineral rights' owner (lessor) and the lessee. 5. Surface Use Agreement: Another important document related to mineral rights in College Station is the surface use agreement. It allows a mineral rights owner to access and use the surface of the property for extraction or exploration purposes, subject to specific terms and conditions stressing the protection of the surface property. When navigating College Station's mineral rights landscape, understanding the implications of these various mineral deeds is crucial. It is recommended to consult with an experienced attorney or land professional well-versed in Texas mineral law to ensure the transaction is legally sound and fully maximizes the potential value of the mineral rights under consideration.A mineral deed in College Station, Texas refers to a legal document that transfers ownership rights of mineral rights from one party to another within the city. It specifically pertains to the ownership and extraction rights of minerals such as oil, gas, coal, and other valuable substances found beneath the surface of the land. College Station, located in Brazos County, Texas, is recognized for its rich mineral resources, prompting the need for mineral deeds and their various types. 1. General Mineral Deed: A general mineral deed allows the transfer of mineral rights from the current owner to a new party. This type of deed is commonly used when the property owner wishes to sell or lease their mineral rights to another entity in College Station. 2. Mineral Royalty Deed: A mineral royalty deed is used when the owner of the mineral rights wants to transfer only a portion of the rights to another party while retaining a royalty interest in the mineral production. With this deed, the owner continues to receive a specified percentage of income from the minerals extracted from the property. 3. Mineral Quitclaim Deed: A mineral quitclaim deed is utilized when the current owner of the mineral rights wants to transfer all of their ownership interest to another party. This deed does not guarantee the existence of the mineral rights or their validity; it simply transfers any rights the granter may possess. 4. Mineral Lease: Although not a deed, a mineral lease is worth mentioning as it grants an individual or company the right to explore, extract, and profit from minerals beneath a property in College Station, Texas. A mineral lease outlines the terms, conditions, and duration of the agreement between the mineral rights' owner (lessor) and the lessee. 5. Surface Use Agreement: Another important document related to mineral rights in College Station is the surface use agreement. It allows a mineral rights owner to access and use the surface of the property for extraction or exploration purposes, subject to specific terms and conditions stressing the protection of the surface property. When navigating College Station's mineral rights landscape, understanding the implications of these various mineral deeds is crucial. It is recommended to consult with an experienced attorney or land professional well-versed in Texas mineral law to ensure the transaction is legally sound and fully maximizes the potential value of the mineral rights under consideration.
