Wisconsin Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual

State:
Multi-State
Control #:
US-00576
Format:
Word; 
Rich Text
Instant download

Description

Grantor(s) convey, with limited warranty, unto the grantee all of grantor(s) mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document. A Wisconsin Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual is a legal document that facilitates the transfer of ownership rights of oil, gas, and mineral interests from one party or two parties to an individual in the state of Wisconsin. This type of deed is commonly used when an individual or multiple individuals wish to sell, assign, or convey their interest in oil, gas, or mineral rights to another individual. The Wisconsin Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual may come in different forms depending on the specific scenario and requirements. Some possible variations of this deed include: 1. Partial Conveyance: This type of deed allows an individual or two individuals to transfer only a portion of their oil, gas, or mineral interests to another individual, while retaining the remaining portion of the rights. 2. Full Conveyance: In a full conveyance deed, an individual or two individuals transfer their complete ownership rights in oil, gas, or mineral interests to another individual. This means that the grantee becomes the sole owner of the entire property's oil, gas, and mineral rights. 3. Royalty Interest Deed: A royalty interest deed is commonly used when an individual or two individuals wish to transfer their right to receive royalties from oil, gas, or mineral production to another individual. This deed grants the grantee the right to receive a percentage of the revenue from the extraction and production activities on the property. 4. Non-Participating Royalty Interest Deed: This type of deed grants an individual or two individuals the right to receive royalty payments from oil, gas, or mineral production without having any right to actively participate in the management or decision-making process of the property. It is essential to consult with an attorney or legal professional experienced in oil, gas, and mineral rights transactions in Wisconsin to ensure that the correct type of deed is used and that all legal requirements are met during the transfer process.

A Wisconsin Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual is a legal document that facilitates the transfer of ownership rights of oil, gas, and mineral interests from one party or two parties to an individual in the state of Wisconsin. This type of deed is commonly used when an individual or multiple individuals wish to sell, assign, or convey their interest in oil, gas, or mineral rights to another individual. The Wisconsin Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual may come in different forms depending on the specific scenario and requirements. Some possible variations of this deed include: 1. Partial Conveyance: This type of deed allows an individual or two individuals to transfer only a portion of their oil, gas, or mineral interests to another individual, while retaining the remaining portion of the rights. 2. Full Conveyance: In a full conveyance deed, an individual or two individuals transfer their complete ownership rights in oil, gas, or mineral interests to another individual. This means that the grantee becomes the sole owner of the entire property's oil, gas, and mineral rights. 3. Royalty Interest Deed: A royalty interest deed is commonly used when an individual or two individuals wish to transfer their right to receive royalties from oil, gas, or mineral production to another individual. This deed grants the grantee the right to receive a percentage of the revenue from the extraction and production activities on the property. 4. Non-Participating Royalty Interest Deed: This type of deed grants an individual or two individuals the right to receive royalty payments from oil, gas, or mineral production without having any right to actively participate in the management or decision-making process of the property. It is essential to consult with an attorney or legal professional experienced in oil, gas, and mineral rights transactions in Wisconsin to ensure that the correct type of deed is used and that all legal requirements are met during the transfer process.

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Wisconsin Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual