Oregon Disclaimer and Quitclaim of Interest in Mineral / Royalty Interest refers to a legal document used to transfer or relinquish one's ownership rights in mineral or royalty interests in the state of Oregon. This document is commonly used to clarify or settle ownership disputes or to disclaim or quitclaim interests in mineral or royalty rights. A Disclaimer and Quitclaim of Interest in Mineral / Royalty Interest typically involves the transferor formally disclaiming any interest they may have in mineral or royalty rights or releasing their claim to these rights. This legal instrument is especially useful in situations where there may be uncertainty or ambiguity regarding ownership, or when a party wishes to clarify their stance on their rights to certain mineral or royalty interests. In Oregon, there may be different variations or types of disclaimers and quitclaims relating to mineral or royalty interests. These may include: 1. Specific Mineral / Royalty Interest Disclaimer and Quitclaim: This type of document is used when a party wishes to relinquish or transfer ownership rights to a specific mineral or royalty interest. It specifies the exact interest being disclaimed or quit claimed. 2. General Mineral / Royalty Interest Disclaimer and Quitclaim: This document is broader in nature, disclaiming or quit claiming all mineral or royalty interests the party may have, without specifying any specific interest. It may be used when a party wishes to release all their rights, past, present, or future, to any mineral or royalty interests in Oregon. 3. Partial Mineral / Royalty Interest Disclaimer and Quitclaim: In some cases, a party may wish to relinquish or transfer only a portion of their mineral or royalty interest. This type of disclaimer and quitclaim clarifies the specific fraction or percentage of the interest being released or transferred. It's important to consult with a qualified attorney or legal professional in Oregon to understand the specific requirements and implications of each type of disclaimer and quitclaim, as well as to ensure compliance with state laws and regulations.