This form is an Oil, Gas and Mineral Deed where the Grantor is an Individual and the Grantee is also an Individual. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual A Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual is a legal document that facilitates the transfer of rights to oil, gas, and mineral resources from one individual to another in Collin County, Texas. This deed serves as proof of ownership and outlines the specific terms and conditions governing the transfer. There are different types of Collin Texas Oil, Gas, and Mineral Deeds — Individual to Individual, including: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all oil, gas, and mineral rights from the granter (seller) to the grantee (buyer). It includes surface rights as well as any subsurface mineral or royalty interests. 2. Limited Oil, Gas, and Mineral Deed: This deed transfers only a specific portion or specified interest in the oil, gas, and mineral rights. The granter retains ownership of the remaining rights. 3. Royalty Deed: This type of deed transfers only the right to receive a percentage or portion of the proceeds from the production of oil, gas, or minerals, typically without the transfer of ownership. The Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual generally contains the following key elements: 1. Parties: The deed identifies both the granter (seller) and grantee (buyer) along with their legal names and mailing addresses. 2. Legal Description: It includes a detailed description of the property where the oil, gas, and mineral rights are located. This description may include section, township, range, and other relevant information. 3. Consideration: The deed specifies the amount of money or other valuable consideration exchanged between the parties for the transfer of the rights. 4. Covenants: Deeds often include certain promises or covenants made by the granter regarding the validity of title, assurance of undisturbed possession, and protection against any third-party claims. 5. Execution and Delivery: The deed must be signed and notarized by the granter and accepted by the grantee to validate the transfer. It is important to seek legal counsel and conduct a title search before executing any Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual. This ensures that the transfer of rights is valid and that no conflicting claims or encumbrances exist. Additionally, it is advisable to consult with professionals experienced in oil, gas, and mineral rights to ensure all legal and financial aspects are properly addressed.Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual A Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual is a legal document that facilitates the transfer of rights to oil, gas, and mineral resources from one individual to another in Collin County, Texas. This deed serves as proof of ownership and outlines the specific terms and conditions governing the transfer. There are different types of Collin Texas Oil, Gas, and Mineral Deeds — Individual to Individual, including: 1. General Oil, Gas, and Mineral Deed: This type of deed transfers all oil, gas, and mineral rights from the granter (seller) to the grantee (buyer). It includes surface rights as well as any subsurface mineral or royalty interests. 2. Limited Oil, Gas, and Mineral Deed: This deed transfers only a specific portion or specified interest in the oil, gas, and mineral rights. The granter retains ownership of the remaining rights. 3. Royalty Deed: This type of deed transfers only the right to receive a percentage or portion of the proceeds from the production of oil, gas, or minerals, typically without the transfer of ownership. The Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual generally contains the following key elements: 1. Parties: The deed identifies both the granter (seller) and grantee (buyer) along with their legal names and mailing addresses. 2. Legal Description: It includes a detailed description of the property where the oil, gas, and mineral rights are located. This description may include section, township, range, and other relevant information. 3. Consideration: The deed specifies the amount of money or other valuable consideration exchanged between the parties for the transfer of the rights. 4. Covenants: Deeds often include certain promises or covenants made by the granter regarding the validity of title, assurance of undisturbed possession, and protection against any third-party claims. 5. Execution and Delivery: The deed must be signed and notarized by the granter and accepted by the grantee to validate the transfer. It is important to seek legal counsel and conduct a title search before executing any Collin Texas Oil, Gas, and Mineral Deed — Individual to Individual. This ensures that the transfer of rights is valid and that no conflicting claims or encumbrances exist. Additionally, it is advisable to consult with professionals experienced in oil, gas, and mineral rights to ensure all legal and financial aspects are properly addressed.
