Guam Oil, Gas and Mineral Deed - Individual to Two Individuals

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-00576-A
• Format: Word; Rich Text

Description

Grantor conveys, with limited warranty, unto the grantees all of grantor's mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document. A Guam Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that transfers ownership rights of oil, gas, and mineral interests in the territory of Guam from one individual to two other individuals. This type of deed is commonly used when two individuals wish to jointly own and develop these valuable resources. Keywords: Guam, Oil, Gas, Mineral Deed, Individual, Two Individuals, ownership rights, legal document, territory, jointly own, develop, valuable resources There are different types of Guam Oil, Gas, and Mineral Deeds — Individual to Two Individuals, including: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all rights, interests, and ownership of oil, gas, and mineral resources from the original individual to two new individuals. It grants comprehensive ownership and control over these resources to the new parties. 2. Limited Oil, Gas, and Mineral Deed: Compared to the general deed, this type of deed transfers only a specific portion or limited rights of oil, gas, and mineral interests from the original individual to the two new individuals. This deed is suitable when the parties wish to separate ownership of specific resources. 3. Surface and Subsurface Deed: In some cases, the ownership of oil, gas, or mineral resources may not include surface rights. A surface and subsurface deed is used to transfer ownership of both the surface land and the underlying oil, gas, and mineral interests to the two new individuals. This deed ensures that all aspects of ownership are clearly defined. 4. Royalty Deed: A royalty deed grants the two new individuals the right to receive a specific percentage or amount of royalties from the production and sale of oil, gas, and mineral resources. This type of deed allows the original individual to retain ownership but shares profits with the new parties. In conclusion, a Guam Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that specifies the transfer of ownership rights of oil, gas, and mineral interests in Guam from one individual to two others. Different types of deeds include the general deed, limited deed, surface and subsurface deed, and royalty deed, each catering to specific ownership and usage arrangements.

A Guam Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that transfers ownership rights of oil, gas, and mineral interests in the territory of Guam from one individual to two other individuals. This type of deed is commonly used when two individuals wish to jointly own and develop these valuable resources. Keywords: Guam, Oil, Gas, Mineral Deed, Individual, Two Individuals, ownership rights, legal document, territory, jointly own, develop, valuable resources There are different types of Guam Oil, Gas, and Mineral Deeds — Individual to Two Individuals, including: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all rights, interests, and ownership of oil, gas, and mineral resources from the original individual to two new individuals. It grants comprehensive ownership and control over these resources to the new parties. 2. Limited Oil, Gas, and Mineral Deed: Compared to the general deed, this type of deed transfers only a specific portion or limited rights of oil, gas, and mineral interests from the original individual to the two new individuals. This deed is suitable when the parties wish to separate ownership of specific resources. 3. Surface and Subsurface Deed: In some cases, the ownership of oil, gas, or mineral resources may not include surface rights. A surface and subsurface deed is used to transfer ownership of both the surface land and the underlying oil, gas, and mineral interests to the two new individuals. This deed ensures that all aspects of ownership are clearly defined. 4. Royalty Deed: A royalty deed grants the two new individuals the right to receive a specific percentage or amount of royalties from the production and sale of oil, gas, and mineral resources. This type of deed allows the original individual to retain ownership but shares profits with the new parties. In conclusion, a Guam Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that specifies the transfer of ownership rights of oil, gas, and mineral interests in Guam from one individual to two others. Different types of deeds include the general deed, limited deed, surface and subsurface deed, and royalty deed, each catering to specific ownership and usage arrangements.