This form is a Mineral Deed where the grantor, acting by and through an attorney in fact, transfers all mineral rights in the described property to Grantee(s). This deed complies with all state statutory laws.
A Saint Paul Minnesota Mineral Deed Granteror Acting By and Through Attorney in Fact is a legal document that authorizes an attorney-in-fact to act on behalf of the granter in matters related to mineral rights in the state of Minnesota. This type of deed is commonly used when the granter wants to transfer their mineral rights to another party but is unable or prefers not to handle the transaction themselves. The Attorney in Fact is an individual or entity appointed by the granter through a power of attorney, who is granted the authority to perform all acts necessary to execute the mineral deed on behalf of the granter. This includes signing the deed, recording it with the appropriate government agency, and handling any other legal formalities associated with the transfer of mineral rights. By using this type of mineral deed, the granter ensures that they have a trusted representative acting in their best interests throughout the transaction. It is important to note that the power of attorney authorizing the attorney-in-fact must be valid and adheres to the laws of Minnesota. There are different types of Saint Paul Minnesota Mineral Deeds Granteror Acting By and Through Attorney in Fact depending on the specifics of the transfer and the parties involved. Some examples include: 1. Mineral Deed with Reserved Rights: In this type of deed, the granter transfers their mineral rights to another party while reserving certain rights for themselves. These reserved rights may include a share of any future royalties or the right to explore and extract minerals on a defined portion of the property. 2. Mineral Deed for a Specific Mineral: This type of deed is used when the transfer only involves a specific mineral or a specific mineral interest (e.g., oil, gas, coal) rather than all mineral rights associated with the property. The attorney-in-fact will act on behalf of the granter in executing the transfer of the specified mineral rights. 3. Mineral Deed with Royalty Interest: When the granter wishes to assign their mineral rights along with a share of future royalties from mineral extraction, a mineral deed with a royalty interest is used. The attorney-in-fact will ensure that the granter's interests are protected and that the royalty interest is properly conveyed to the new owner. It is crucial for both the granter and the attorney-in-fact to consult with legal professionals experienced in mineral rights transactions when executing a Saint Paul Minnesota Mineral Deed Granteror Acting By and Through Attorney in Fact to ensure compliance with state laws and to protect the rights and interests of all parties involved.A Saint Paul Minnesota Mineral Deed Granteror Acting By and Through Attorney in Fact is a legal document that authorizes an attorney-in-fact to act on behalf of the granter in matters related to mineral rights in the state of Minnesota. This type of deed is commonly used when the granter wants to transfer their mineral rights to another party but is unable or prefers not to handle the transaction themselves. The Attorney in Fact is an individual or entity appointed by the granter through a power of attorney, who is granted the authority to perform all acts necessary to execute the mineral deed on behalf of the granter. This includes signing the deed, recording it with the appropriate government agency, and handling any other legal formalities associated with the transfer of mineral rights. By using this type of mineral deed, the granter ensures that they have a trusted representative acting in their best interests throughout the transaction. It is important to note that the power of attorney authorizing the attorney-in-fact must be valid and adheres to the laws of Minnesota. There are different types of Saint Paul Minnesota Mineral Deeds Granteror Acting By and Through Attorney in Fact depending on the specifics of the transfer and the parties involved. Some examples include: 1. Mineral Deed with Reserved Rights: In this type of deed, the granter transfers their mineral rights to another party while reserving certain rights for themselves. These reserved rights may include a share of any future royalties or the right to explore and extract minerals on a defined portion of the property. 2. Mineral Deed for a Specific Mineral: This type of deed is used when the transfer only involves a specific mineral or a specific mineral interest (e.g., oil, gas, coal) rather than all mineral rights associated with the property. The attorney-in-fact will act on behalf of the granter in executing the transfer of the specified mineral rights. 3. Mineral Deed with Royalty Interest: When the granter wishes to assign their mineral rights along with a share of future royalties from mineral extraction, a mineral deed with a royalty interest is used. The attorney-in-fact will ensure that the granter's interests are protected and that the royalty interest is properly conveyed to the new owner. It is crucial for both the granter and the attorney-in-fact to consult with legal professionals experienced in mineral rights transactions when executing a Saint Paul Minnesota Mineral Deed Granteror Acting By and Through Attorney in Fact to ensure compliance with state laws and to protect the rights and interests of all parties involved.