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.
A Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee is a legal document that transfers ownership of oil, gas, and mineral rights from a trust to an individual. This type of deed ensures that the individual becomes the sole trustee and gains control and rights over the oil, gas, and mineral resources. There are various types and variations of Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee. Some of the commonly recognized include: 1. Absolute Sale Deed: This type of deed grants the individual complete ownership and control over the oil, gas, and mineral rights. The trustee transfers all rights and interests in the resources to the individual without retaining any future claims or restrictions. 2. Limited Sale Deed: This deed only transfers a specific portion or specified interest in the oil, gas, and mineral rights to the individual. The trustee retains partial control or rights over the resources, making it a limited or partial transfer of ownership. 3. Non-Participating Royalty Interest Deed: In this type of deed, the individual is granted a portion of the royalties generated from the production of oil, gas, or mineral resources from the property. However, the individual does not have any control over the operations or decisions related to drilling or extraction. 4. Overriding Royalty Interest Deed: This deed grants the individual a specific percentage or share of the royalties from the production of oil, gas, or mineral resources. The individual retains the right to the revenue generated, but typically does not have any control over the operations. 5. Working Interest Deed: Unlike the previous types, a working interest deed grants the individual both the right to a portion of the revenues generated and control over the operations. This includes decision-making involvement, cost-sharing responsibilities, and the ability to lease or contract the property for exploration and production. 6. Leasehold Interest Deed: This deed transfers the rights to lease the property for exploration, drilling, and extraction purposes from the trust to the individual. The individual gains control over leasing decisions and secures the ability to negotiate contracts with oil, gas, or mineral companies. In summary, a Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee encompasses various types, including Absolute Sale Deed, Limited Sale Deed, Non-Participating Royalty Interest Deed, Overriding Royalty Interest Deed, Working Interest Deed, and Leasehold Interest Deed. Each type represents a distinct transfer of ownership, control, and participation in the oil, gas, and mineral rights.A Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee is a legal document that transfers ownership of oil, gas, and mineral rights from a trust to an individual. This type of deed ensures that the individual becomes the sole trustee and gains control and rights over the oil, gas, and mineral resources. There are various types and variations of Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee. Some of the commonly recognized include: 1. Absolute Sale Deed: This type of deed grants the individual complete ownership and control over the oil, gas, and mineral rights. The trustee transfers all rights and interests in the resources to the individual without retaining any future claims or restrictions. 2. Limited Sale Deed: This deed only transfers a specific portion or specified interest in the oil, gas, and mineral rights to the individual. The trustee retains partial control or rights over the resources, making it a limited or partial transfer of ownership. 3. Non-Participating Royalty Interest Deed: In this type of deed, the individual is granted a portion of the royalties generated from the production of oil, gas, or mineral resources from the property. However, the individual does not have any control over the operations or decisions related to drilling or extraction. 4. Overriding Royalty Interest Deed: This deed grants the individual a specific percentage or share of the royalties from the production of oil, gas, or mineral resources. The individual retains the right to the revenue generated, but typically does not have any control over the operations. 5. Working Interest Deed: Unlike the previous types, a working interest deed grants the individual both the right to a portion of the revenues generated and control over the operations. This includes decision-making involvement, cost-sharing responsibilities, and the ability to lease or contract the property for exploration and production. 6. Leasehold Interest Deed: This deed transfers the rights to lease the property for exploration, drilling, and extraction purposes from the trust to the individual. The individual gains control over leasing decisions and secures the ability to negotiate contracts with oil, gas, or mineral companies. In summary, a Killeen Texas Oil, Gas, and Mineral deed from Trust to an Individual — Salinterestedes— - Single Trustee encompasses various types, including Absolute Sale Deed, Limited Sale Deed, Non-Participating Royalty Interest Deed, Overriding Royalty Interest Deed, Working Interest Deed, and Leasehold Interest Deed. Each type represents a distinct transfer of ownership, control, and participation in the oil, gas, and mineral rights.
