Plano Texas Oil, Gas, and Mineral deed from Trust to an Individual - Sale of Interest - Single Trustee

State:
Texas
City:
Plano
Control #:
TX-0106-78
Format:
Word; 
Rich Text
Instant download

Description

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.

Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee A Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee refers to a legal document that transfers ownership of oil, gas, and mineral interests from a trust to an individual. This type of deed is commonly used in the oil, gas, and mineral industry to transfer specific rights and interests in Plano, Texas. This deed is typically created when a trustee wishes to sell or transfer their interest in the minerals located in a particular parcel of land. The individual, acting as the single trustee, acquires the rights to the valuable resources, including the oil, gas, and minerals, found on the property. The Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee document outlines various important details, including the legal description of the property, the percentage or portion of the interests being transferred, and the terms of the sale. The document may also specify whether there are any existing leases, royalties, or encumbrances associated with the minerals. There are several types of Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee, including: 1. Full Sale Deed: This deed involves the complete transfer of all oil, gas, and mineral interests from the trust to the individual. The trustee relinquishes all rights and ownership. 2. Partial Sale Deed: In this case, the trustee sells only a portion or percentage of their oil, gas, and mineral interests, while retaining the remaining rights. The percentage of interests being transferred is clearly specified in the deed. 3. Fixed-Term Deed: This type of deed sets a specific term for the sale of the interests. The individual trustee may acquire the rights for a predetermined period, after which the interests revert to the trust. 4. Revenue-Sharing Deed: This deed establishes an agreement where the individual trustee shares a portion of the revenue generated from the oil, gas, and mineral interests with the trust, or vice versa. It is important to consult with a qualified attorney or legal professional specializing in oil, gas, and mineral rights before entering into any Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee transaction.

Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee A Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee refers to a legal document that transfers ownership of oil, gas, and mineral interests from a trust to an individual. This type of deed is commonly used in the oil, gas, and mineral industry to transfer specific rights and interests in Plano, Texas. This deed is typically created when a trustee wishes to sell or transfer their interest in the minerals located in a particular parcel of land. The individual, acting as the single trustee, acquires the rights to the valuable resources, including the oil, gas, and minerals, found on the property. The Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee document outlines various important details, including the legal description of the property, the percentage or portion of the interests being transferred, and the terms of the sale. The document may also specify whether there are any existing leases, royalties, or encumbrances associated with the minerals. There are several types of Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee, including: 1. Full Sale Deed: This deed involves the complete transfer of all oil, gas, and mineral interests from the trust to the individual. The trustee relinquishes all rights and ownership. 2. Partial Sale Deed: In this case, the trustee sells only a portion or percentage of their oil, gas, and mineral interests, while retaining the remaining rights. The percentage of interests being transferred is clearly specified in the deed. 3. Fixed-Term Deed: This type of deed sets a specific term for the sale of the interests. The individual trustee may acquire the rights for a predetermined period, after which the interests revert to the trust. 4. Revenue-Sharing Deed: This deed establishes an agreement where the individual trustee shares a portion of the revenue generated from the oil, gas, and mineral interests with the trust, or vice versa. It is important to consult with a qualified attorney or legal professional specializing in oil, gas, and mineral rights before entering into any Plano Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee transaction.

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Plano Texas Oil, Gas, and Mineral deed from Trust to an Individual - Sale of Interest - Single Trustee