Missouri 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. Keywords: Missouri oil and gas deed, mineral deed, individual to two individuals, types A Missouri Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that transfers ownership of oil, gas, and mineral rights from one individual to two other individuals in the state of Missouri. This type of deed is commonly used when an individual wishes to transfer their rights to extract and profit from oil, gas, and minerals found on a specific property or land. The deed outlines the specifics of the transfer, including the names of the parties involved, the legal description of the property, and the rights conveyed. There are different types of Missouri Oil, Gas, and Mineral Deeds — Individual to Two Individuals, each catering to specific scenarios. Some common variations include: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all the oil, gas, and mineral rights from the granter (the individual transferring the rights) to the two grantees (the individuals receiving the rights) without any reservations or restrictions. It provides a complete and unrestricted transfer of ownership. 2. Limited Oil, Gas, and Mineral Deed: In this type of deed, the granter transfers a limited portion or specified fraction of their oil, gas, and mineral rights to the grantees. The deed may outline specific areas or depths from which the grantees can extract these resources. 3. Non-Participating Oil, Gas, and Mineral Rights Deed: This deed allows the two individuals to whom the rights are being transferred to benefit from the extraction of oil, gas, and minerals, but they do not have the right to participate in the management or decision-making process regarding their extraction. They receive their share of profits as agreed upon in the deed. 4. Overriding Royalty Deed: This type of deed conveys a percentage or fraction of the oil, gas, and mineral proceeds generated from a property without transferring ownership of the actual rights. The granter retains the rights while granting the two individuals a portion of the revenue generated from extraction. It is important to consult with a qualified attorney when drafting or executing a Missouri Oil, Gas, and Mineral Deed — Individual to Two Individuals. An attorney can provide guidance and ensure that the deed accurately reflects the intentions of the parties involved and complies with relevant state laws.

Keywords: Missouri oil and gas deed, mineral deed, individual to two individuals, types A Missouri Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal document that transfers ownership of oil, gas, and mineral rights from one individual to two other individuals in the state of Missouri. This type of deed is commonly used when an individual wishes to transfer their rights to extract and profit from oil, gas, and minerals found on a specific property or land. The deed outlines the specifics of the transfer, including the names of the parties involved, the legal description of the property, and the rights conveyed. There are different types of Missouri Oil, Gas, and Mineral Deeds — Individual to Two Individuals, each catering to specific scenarios. Some common variations include: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all the oil, gas, and mineral rights from the granter (the individual transferring the rights) to the two grantees (the individuals receiving the rights) without any reservations or restrictions. It provides a complete and unrestricted transfer of ownership. 2. Limited Oil, Gas, and Mineral Deed: In this type of deed, the granter transfers a limited portion or specified fraction of their oil, gas, and mineral rights to the grantees. The deed may outline specific areas or depths from which the grantees can extract these resources. 3. Non-Participating Oil, Gas, and Mineral Rights Deed: This deed allows the two individuals to whom the rights are being transferred to benefit from the extraction of oil, gas, and minerals, but they do not have the right to participate in the management or decision-making process regarding their extraction. They receive their share of profits as agreed upon in the deed. 4. Overriding Royalty Deed: This type of deed conveys a percentage or fraction of the oil, gas, and mineral proceeds generated from a property without transferring ownership of the actual rights. The granter retains the rights while granting the two individuals a portion of the revenue generated from extraction. It is important to consult with a qualified attorney when drafting or executing a Missouri Oil, Gas, and Mineral Deed — Individual to Two Individuals. An attorney can provide guidance and ensure that the deed accurately reflects the intentions of the parties involved and complies with relevant state laws.