North Carolina Term Mineral Deed of Undivided Interest

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-064
• Format: Word; Rich Text

Description

This deed form conveys a mineral interest for a specified term, to be designated by the grantor, after which time, the conveyed interest reverts to the grantor. A North Carolina Term Mineral Deed of Undivided Interest is a legal document used to transfer ownership rights and interests in mineral rights for a specified period of time. This type of deed is commonly used when an individual wants to grant someone else the right to mine, extract, and explore minerals on a specific property for a fixed duration. The North Carolina Term Mineral Deed of Undivided Interest is designed to provide clarity and legal protection for all parties involved in the mineral rights' transaction. It outlines the terms and conditions governing the transfer, including the duration of the interest, specific minerals included, and any limitations or restrictions on the use of the land. There are several types of North Carolina Term Mineral Deed of Undivided Interest, including: 1. Oil and Gas Deed: This type of mineral deed is specifically used for transferring ownership rights and interests related to oil and gas resources. It enables the grantee to explore, extract, and produce oil and gas from the designated property during the agreed-upon term. 2. Coal Deed: A coal deed is used when transferring ownership rights and interests in coal reserves. It grants the grantee the right to mine, extract, and use coal resources from the property for a predetermined period. 3. Metallic Minerals Deed: This particular type of mineral deed is used for transferring ownership rights and interests in metallic minerals such as gold, silver, copper, and iron. It allows the grantee to explore, extract, and utilize these minerals within the specified timeframe. 4. Non-Metallic Minerals Deed: Non-metallic minerals, including but not limited to rocks, sand, gravel, limestone, and gypsum, can be transferred using this deed type. It authorizes the grantee to mine and use these minerals for the agreed duration. When drafting a North Carolina Term Mineral Deed of Undivided Interest, it is crucial to include relevant keywords such as "mineral rights," "undivided interest," "ownership transfer," "granter," "grantee," "property description," "term duration," "mineral types," "exploration rights," and "legal obligations." These keywords will ensure the document accurately reflects the intentions of the parties involved and provides a comprehensive framework for the mineral rights' transaction.

A North Carolina Term Mineral Deed of Undivided Interest is a legal document used to transfer ownership rights and interests in mineral rights for a specified period of time. This type of deed is commonly used when an individual wants to grant someone else the right to mine, extract, and explore minerals on a specific property for a fixed duration. The North Carolina Term Mineral Deed of Undivided Interest is designed to provide clarity and legal protection for all parties involved in the mineral rights' transaction. It outlines the terms and conditions governing the transfer, including the duration of the interest, specific minerals included, and any limitations or restrictions on the use of the land. There are several types of North Carolina Term Mineral Deed of Undivided Interest, including: 1. Oil and Gas Deed: This type of mineral deed is specifically used for transferring ownership rights and interests related to oil and gas resources. It enables the grantee to explore, extract, and produce oil and gas from the designated property during the agreed-upon term. 2. Coal Deed: A coal deed is used when transferring ownership rights and interests in coal reserves. It grants the grantee the right to mine, extract, and use coal resources from the property for a predetermined period. 3. Metallic Minerals Deed: This particular type of mineral deed is used for transferring ownership rights and interests in metallic minerals such as gold, silver, copper, and iron. It allows the grantee to explore, extract, and utilize these minerals within the specified timeframe. 4. Non-Metallic Minerals Deed: Non-metallic minerals, including but not limited to rocks, sand, gravel, limestone, and gypsum, can be transferred using this deed type. It authorizes the grantee to mine and use these minerals for the agreed duration. When drafting a North Carolina Term Mineral Deed of Undivided Interest, it is crucial to include relevant keywords such as "mineral rights," "undivided interest," "ownership transfer," "granter," "grantee," "property description," "term duration," "mineral types," "exploration rights," and "legal obligations." These keywords will ensure the document accurately reflects the intentions of the parties involved and provides a comprehensive framework for the mineral rights' transaction.