Guam Deed (As to Specified Subsurface Depths) is a legal document used to establish ownership rights and interests in the specified subsurface depths of a property located in Guam. It outlines the specific boundaries and depths to which the ownership extends, providing a clear understanding of the property's underground resources. This type of deed ensures that individuals or entities have legal rights to the subsurface depths mentioned in the deed and can exploit any valuable resources found within those depths. Types of Guam Deeds (As to Specified Subsurface Depths): 1. Mineral Deed: A Guam Deed (As to Specified Subsurface Depths) that confirms ownership of mineral rights beneath the surface of a property. It grants the owner the exclusive rights to explore, extract, and profit from any minerals present within the specified subsurface depths. 2. Oil and Gas Deed: This type of deed focuses on the ownership of oil and gas resources present below the surface. It grants the holder the right to explore, extract, and profit from any oil or gas deposits within the specified depths. 3. Water Rights Deed: A Guam Deed (As to Specified Subsurface Depths) that establishes ownership and usage rights to subterranean water sources, such as underground wells or aquifers. It ensures that the grantee has the legal authority to extract and utilize water resources within the specified subsurface depths. 4. Geothermal Deed: This deed pertains to the ownership of geothermal energy resources present in the specified subsurface depths. It confers exclusive rights to explore, develop, and utilize geothermal energy for various purposes, such as electricity generation or heating. 5. Subsurface Easement Deed: This type of deed grants a specific individual or entity the right to access and use designated subsurface depths for specific purposes. It is commonly used when there is a need to install underground utilities, pipelines, or other infrastructure that requires access to the subsurface depths of a property. In conclusion, a Guam Deed (As to Specified Subsurface Depths) is a crucial legal instrument that establishes ownership rights and interests in the subsurface depths of a property. It enables individuals or entities to exploit valuable underground resources such as minerals, oil and gas, water, geothermal energy, or grant easements for specific purposes. These different types of deeds cater to specific ownership rights associated with the subsurface depths, offering clarity and legal protection to the parties involved.
Guam Deed (As to Specified Subsurface Depths)
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