This form is a Oil, Gas and Mineral Deed reflecting the sale of mineral interest from Trust by a single Trustee to an individual Grantee. Grantor conveys and grants the described property to the Grantee. This deed complies with all state statutory laws.
Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee A Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee is a legal document governing the transfer of rights and interests in oil, gas, and mineral resources from a trust to an individual. This type of deed is commonly used in the Dallas area, where the oil, gas, and mineral industry is significant. The purpose of this deed is to convey ownership or a specific interest to a single trustee, who will then have the authority to explore, extract, and benefit from the oil, gas, and mineral resources situated on the designated property in Dallas, Texas. The sale of interest signifies the trust's decision to divest itself of its rights, allowing the trustee to assume control and enjoy the potential profits associated with these resources. There are various types of Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee. They include: 1. Limited Interest Deed: This deed grants only a partial interest in the oil, gas, and mineral resources to the single trustee. The exact percentage or fraction of interest conveyed will be clearly stated in the deed. 2. Full Interest Deed: This type of deed transfers the entire ownership of the oil, gas, and mineral resources to the single trustee. The trustee assumes complete control and is entitled to all the benefits derived from these resources. 3. Royalty Interest Deed: Instead of conveying actual ownership, a royalty interest deed grants the trustee the right to receive a share of the profits generated from the production or sale of the extracted resources. The percentage or fraction of the royalty interest will be specified in the deed. 4. Non-Participating Interest Deed: This deed grants the trustee the right to receive a predetermined share of the proceeds generated from the sale of the oil, gas, and mineral resources, but without the authority to explore or develop the resources themselves. It's important to note that these various types of Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee may have specific terms, conditions, and limitations outlined in the deed itself. It is recommended to consult with legal professionals specializing in oil, gas, and mineral rights transactions to ensure the proper drafting and execution of such deeds in accordance with Texas laws.Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee A Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee is a legal document governing the transfer of rights and interests in oil, gas, and mineral resources from a trust to an individual. This type of deed is commonly used in the Dallas area, where the oil, gas, and mineral industry is significant. The purpose of this deed is to convey ownership or a specific interest to a single trustee, who will then have the authority to explore, extract, and benefit from the oil, gas, and mineral resources situated on the designated property in Dallas, Texas. The sale of interest signifies the trust's decision to divest itself of its rights, allowing the trustee to assume control and enjoy the potential profits associated with these resources. There are various types of Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee. They include: 1. Limited Interest Deed: This deed grants only a partial interest in the oil, gas, and mineral resources to the single trustee. The exact percentage or fraction of interest conveyed will be clearly stated in the deed. 2. Full Interest Deed: This type of deed transfers the entire ownership of the oil, gas, and mineral resources to the single trustee. The trustee assumes complete control and is entitled to all the benefits derived from these resources. 3. Royalty Interest Deed: Instead of conveying actual ownership, a royalty interest deed grants the trustee the right to receive a share of the profits generated from the production or sale of the extracted resources. The percentage or fraction of the royalty interest will be specified in the deed. 4. Non-Participating Interest Deed: This deed grants the trustee the right to receive a predetermined share of the proceeds generated from the sale of the oil, gas, and mineral resources, but without the authority to explore or develop the resources themselves. It's important to note that these various types of Dallas Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee may have specific terms, conditions, and limitations outlined in the deed itself. It is recommended to consult with legal professionals specializing in oil, gas, and mineral rights transactions to ensure the proper drafting and execution of such deeds in accordance with Texas laws.
