A Tennessee Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document that is used to transfer ownership of mineral rights from one party (the granter) to another party (the grantee). This type of transfer allows the granter to retain certain executive rights regarding the minerals being conveyed. In this specific type of Tennessee mineral deed, the granter reserves the executive rights in the interest conveyed to the grantee. The executive rights typically include the power to lease, explore, develop, and extract minerals from the property. Keywords: Tennessee Mineral Deed, Granter, Reserving Executive Rights, Interest Conveyed, Transfer, Mineral Rights, Ownership, Executive Rights, Lease, Explore, Develop, Extract, Property. Different types of Tennessee Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer might include variations based on specific conditions or additional provisions. Some examples include: 1. Tennessee Mineral Deed with Granter Reserving Executive Rights — Limited Lease: This type of mineral deed specifies limitations on the granter's executive powers, particularly in relation to leasing the mineral rights to third parties. 2. Tennessee Mineral Deed with Granter Reserving Executive Rights — Development and Extraction: This variation of the mineral deed focuses on the granter's executive rights specifically related to the development and extraction of minerals from the property, granting them substantial control in these aspects. 3. Tennessee Mineral Deed with Granter Reserving Executive Rights — Royalties: In this type of mineral deed, the granter reserves the right to receive a portion of the royalties or revenues earned from the extraction or sale of minerals, even after transferring the ownership of the mineral rights. 4. Tennessee Mineral Deed with Granter Reserving Executive Rights — Renewal Options: This variation of the mineral deed grants the granter the right to renew or extend the lease or exploration agreements related to the mineral rights conveyed, ensuring continued control and decision-making power. It is crucial to consult with a legal professional experienced in mineral rights transfers and Tennessee state laws to ensure that the specific requirements and provisions of a Tennessee Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer are accurately addressed.
Tennessee Mineral Deed with Grantor Reserving Executive Rights in the Interest Conveyed - Transfer
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