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.
A South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document used to transfer ownership of mineral rights from one party to another, while the original owner (granter) reserves the executive rights in the conveyed interest. This type of deed is commonly used in South Carolina when a landowner wants to sell their mineral rights but retain control over the exploration, extraction, and management of those minerals. Keywords: South Carolina, Mineral Deed, Granter Reserving Executive Rights, Interest Conveyed, Transfer, mineral rights, ownership, exploration, extraction, management. There can be different variations of the South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, including: 1. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Full Transfer: This deed type allows the granter to sell and transfer the entire interest in the mineral rights to the grantee, while reserving the executive rights. 2. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Partial Transfer: In this type of deed, the granter transfers only a portion of their interest in the mineral rights, while still retaining executive rights over the conveyed interest. 3. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Specific Mineral Type: Certain deeds may be specific to a particular mineral or minerals, allowing the granter to transfer ownership of specific minerals while reserving executive rights for those minerals. 4. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Limited Duration: This type of deed could specify a limited duration for which the granter retains executive rights in the conveyed interest, after which the rights may automatically transfer to the grantee. In each of these variations, the granter maintains control over the executive rights, granting them the power to lease the mineral rights, negotiate contracts, receive royalty payments, and make decisions regarding exploration or extraction activities. The grantee, on the other hand, receives the ownership of the mineral rights, allowing them to benefit from potential profits, but defers executive decision-making to the granter. It is important to consult with a qualified attorney or legal professional to ensure that the South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is properly drafted and meets all legal requirements in South Carolina.
A South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document used to transfer ownership of mineral rights from one party to another, while the original owner (granter) reserves the executive rights in the conveyed interest. This type of deed is commonly used in South Carolina when a landowner wants to sell their mineral rights but retain control over the exploration, extraction, and management of those minerals. Keywords: South Carolina, Mineral Deed, Granter Reserving Executive Rights, Interest Conveyed, Transfer, mineral rights, ownership, exploration, extraction, management. There can be different variations of the South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, including: 1. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Full Transfer: This deed type allows the granter to sell and transfer the entire interest in the mineral rights to the grantee, while reserving the executive rights. 2. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Partial Transfer: In this type of deed, the granter transfers only a portion of their interest in the mineral rights, while still retaining executive rights over the conveyed interest. 3. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Specific Mineral Type: Certain deeds may be specific to a particular mineral or minerals, allowing the granter to transfer ownership of specific minerals while reserving executive rights for those minerals. 4. South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Limited Duration: This type of deed could specify a limited duration for which the granter retains executive rights in the conveyed interest, after which the rights may automatically transfer to the grantee. In each of these variations, the granter maintains control over the executive rights, granting them the power to lease the mineral rights, negotiate contracts, receive royalty payments, and make decisions regarding exploration or extraction activities. The grantee, on the other hand, receives the ownership of the mineral rights, allowing them to benefit from potential profits, but defers executive decision-making to the granter. It is important to consult with a qualified attorney or legal professional to ensure that the South Carolina Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is properly drafted and meets all legal requirements in South Carolina.