This form is a Mineral Deed where the Grantor is an Individual and the grantees are two Individuals. Grantor conveys and grants the described mineral rights to the GRantees. This deed complies with all state statutory laws.
The Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals is a legal document that transfers ownership rights of mineral interests from one person (the granter) to two specific individuals (the grantees) in Broken Arrow, Oklahoma. This type of deed is commonly used in the context of real estate transactions involving mineral rights, which may include oil, gas, coal, or other valuable underground resources. The Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals serves as evidence of the transfer of these mineral rights and includes relevant information such as the names and addresses of the granter and grantees, a detailed description of the property in question, and any lease or contract terms associated with the mineral rights. There are different types of Broken Arrow Oklahoma Mineral Deeds depending on the specific circumstances of the transaction. These may include: 1. Mineral Deed with Surface Rights: This type of deed transfers both the mineral rights and the surface rights of the property from the granter to the two individuals. It grants the grantees full control and ownership over both the underground mineral resources and the land's surface. 2. Mineral Deed without Surface Rights: In this type of deed, the granter only transfers the mineral rights to the grantees, while retaining ownership of the surface rights. This allows the granter to retain control over the land's surface, such as for agricultural or residential purposes, while giving the grantees the rights to extract and profit from the minerals underneath. 3. Fractional Mineral Deed: A fractional mineral deed is used when the granter owns only a portion or fraction of the mineral rights associated with the property. This could be due to the rights being divided among various owners over time. In this case, the granter transfers their specific fraction or percentage of the mineral rights to the two individuals. 4. Royalty Conveyance: This type of mineral deed transfers only the royalty interests associated with the minerals rather than the ownership of the minerals themselves. Royalty interests entitle the grantees to receive a percentage of the proceeds from any mineral production on the property. In all these cases, it is important for the granter and grantees to consult with a qualified attorney or land professional to ensure that the Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals accurately reflects their intentions and protects their interests regarding the transfer of mineral rights.The Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals is a legal document that transfers ownership rights of mineral interests from one person (the granter) to two specific individuals (the grantees) in Broken Arrow, Oklahoma. This type of deed is commonly used in the context of real estate transactions involving mineral rights, which may include oil, gas, coal, or other valuable underground resources. The Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals serves as evidence of the transfer of these mineral rights and includes relevant information such as the names and addresses of the granter and grantees, a detailed description of the property in question, and any lease or contract terms associated with the mineral rights. There are different types of Broken Arrow Oklahoma Mineral Deeds depending on the specific circumstances of the transaction. These may include: 1. Mineral Deed with Surface Rights: This type of deed transfers both the mineral rights and the surface rights of the property from the granter to the two individuals. It grants the grantees full control and ownership over both the underground mineral resources and the land's surface. 2. Mineral Deed without Surface Rights: In this type of deed, the granter only transfers the mineral rights to the grantees, while retaining ownership of the surface rights. This allows the granter to retain control over the land's surface, such as for agricultural or residential purposes, while giving the grantees the rights to extract and profit from the minerals underneath. 3. Fractional Mineral Deed: A fractional mineral deed is used when the granter owns only a portion or fraction of the mineral rights associated with the property. This could be due to the rights being divided among various owners over time. In this case, the granter transfers their specific fraction or percentage of the mineral rights to the two individuals. 4. Royalty Conveyance: This type of mineral deed transfers only the royalty interests associated with the minerals rather than the ownership of the minerals themselves. Royalty interests entitle the grantees to receive a percentage of the proceeds from any mineral production on the property. In all these cases, it is important for the granter and grantees to consult with a qualified attorney or land professional to ensure that the Broken Arrow Oklahoma Mineral Deed from an Individual to Two Individuals accurately reflects their intentions and protects their interests regarding the transfer of mineral rights.
