New York Mineral Deed with Grantor Reserving Executive Rights in the Interest Conveyed - Transfer

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-060
• Format: Word; Rich Text

Description

This form of deed conveys the grantee a specified undivided mineral interest, with the grantor reserving the right to sign leases (the executive right) on the interest conveyed. New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document used in the state of New York for the transfer of mineral rights from the granter to the grantee, while reserving certain executive rights for the granter. This type of deed ensures that the granter retains control over certain activities related to the mineral rights, allowing them to manage and benefit from the property even after the transfer. Keywords: New York, mineral deed, granter, executive rights, interest conveyed, transfer There are several variations of the New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, each focusing on different aspects or conditions. Some common types include: 1. New York Mineral Deed with Reserved Executive Rights: This type of deed allows the granter to transfer the mineral rights while retaining the executive rights to manage the property, including negotiating leases, signing contracts, and collecting royalties. 2. New York Mineral Deed with Partial Executive Rights Reservation: With this type of deed, the granter reserves only specific executive rights, such as the right to negotiate leases or execute drilling permits, while transferring the remaining rights to the grantee. 3. New York Mineral Deed with Exclusive Executive Rights Reservation: This variation of the deed grants the granter exclusive executive rights, meaning they have full control over all aspects related to the mineral rights, even after the transfer. The grantee may still benefit from the mineral rights, but the granter retains executive authority. 4. New York Mineral Deed with Non-Exclusive Executive Rights Reservation: In this type of deed, the granter reserves non-exclusive executive rights, allowing them to share certain executive decisions with the grantee. Both parties have a say in managing the property, negotiating leases, and executing contracts. 5. New York Mineral Deed with Duration Limitation of Executive Rights: This variation places a time limitation on the granter's executive rights. The granter reserves the executive rights for a specific duration, after which they fully transfer to the grantee. This ensures a gradual transfer of control while allowing the granter to benefit from the property for a limited period. It is important to consult with a qualified attorney or legal professional when dealing with New York Mineral Deeds and their various types, as the specific language and conditions may vary to meet the unique needs of both parties involved.

New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document used in the state of New York for the transfer of mineral rights from the granter to the grantee, while reserving certain executive rights for the granter. This type of deed ensures that the granter retains control over certain activities related to the mineral rights, allowing them to manage and benefit from the property even after the transfer. Keywords: New York, mineral deed, granter, executive rights, interest conveyed, transfer There are several variations of the New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, each focusing on different aspects or conditions. Some common types include: 1. New York Mineral Deed with Reserved Executive Rights: This type of deed allows the granter to transfer the mineral rights while retaining the executive rights to manage the property, including negotiating leases, signing contracts, and collecting royalties. 2. New York Mineral Deed with Partial Executive Rights Reservation: With this type of deed, the granter reserves only specific executive rights, such as the right to negotiate leases or execute drilling permits, while transferring the remaining rights to the grantee. 3. New York Mineral Deed with Exclusive Executive Rights Reservation: This variation of the deed grants the granter exclusive executive rights, meaning they have full control over all aspects related to the mineral rights, even after the transfer. The grantee may still benefit from the mineral rights, but the granter retains executive authority. 4. New York Mineral Deed with Non-Exclusive Executive Rights Reservation: In this type of deed, the granter reserves non-exclusive executive rights, allowing them to share certain executive decisions with the grantee. Both parties have a say in managing the property, negotiating leases, and executing contracts. 5. New York Mineral Deed with Duration Limitation of Executive Rights: This variation places a time limitation on the granter's executive rights. The granter reserves the executive rights for a specific duration, after which they fully transfer to the grantee. This ensures a gradual transfer of control while allowing the granter to benefit from the property for a limited period. It is important to consult with a qualified attorney or legal professional when dealing with New York Mineral Deeds and their various types, as the specific language and conditions may vary to meet the unique needs of both parties involved.