An "Oklahoma Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer" is a legal document that transfers ownership of mineral rights in Oklahoma from the granter to the grantee, with the granter reserving the executive rights in the conveyed interest. This type of deed is commonly used in Oklahoma to delineate the transfer of exclusive rights to extract and profit from minerals, while retaining administrative control over the conveyed interest. The granter, who already owns the mineral rights, executes the deed to transfer these rights to the grantee. However, they reserve certain executive rights in the conveyed interest, usually relating to exploration, development, and leasing activities. These rights allow the granter to maintain control and decision-making power over the mineral rights, even after the transfer. Some relevant keywords for this type of deed include: — Oklahoma: Indicates that the deed is specific to mineral rights in the state of Oklahoma. — Mineral Deed: Refers to a legal instrument used to transfer mineral rights. Granteror: The current owner of the mineral rights who is transferring them. — Grantee: The individual or entity who will become the new owner of the mineral rights. — Reserving Executive Rights: Indicates that the granter retains certain administrative control over the mineral rights. — Interest Conveyed: Refers to the specific portion or extent of the mineral rights being transferred. — Transfer: The act of conveying ownership from the granter to the grantee. While the main focus of this description is the "Oklahoma Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer," there may be variations or specific versions of this type of deed, such as "Oklahoma Mineral Deed with Partial Granter Reservation of Executive Rights," which may be worth considering as well.
Oklahoma Mineral Deed with Grantor Reserving Executive Rights in the Interest Conveyed - Transfer
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