This form is a Oil, Gas and Mineral Deed where the Grantor is a Trust and the Grantee is an individual. Grantor conveys and sells the described property interest to the Grantee. This deed complies with all state statutory laws.
Texas Oil, Gas and Mineral Deed from a Trust to an Individual.
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Description Mineral Deed Form
Free preview Deed 2013
How to fill out Texas Oil, Gas And Mineral Deed From A Trust To An Individual.?
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Texas Oil Deed Other Form Names
Deed Trust To
Oil Gas Mineral Deed
Oil Gas Mineral
FAQ
Mineral rights are often sold separately from the land they are on. You may have title to the mineral rights on a property you own, or a previous owner may have sold or leased them in which case, they may not be yours to sell. But there is no need to abandon the idea of monetizing your mineral reserves!
The General Mineral Deed in Texas transfers ALL oil, gas, and mineral rights from the grantor to the grantee.It also transfers any and all rights to receive royalties, overriding royalties, net profits interests or other payments out of or with respect to those oil, gas and other minerals.
One important factor you must keep in mind is that if real estate contains mineral rights, simply buying the property doesn't make you the owner of them. Since mineral rights can be sold separately from the land itself, even if you own the land, someone else may hold ownership of what's below it.
A deed that names the seller/donor and the purchaser/donee. It states and describes the rights being sold or given. Filing of the notarized conveyance in the county government office which is generally the county clerk's office.