This form is a Mineral Deed where the Grantor is an Individual and the Grantee is an LLC. Grantor conveys and grants the described mineral rights and royalties to the Grantee. This deed complies with all state statutory laws.
The Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company is a legal document used to transfer ownership rights of oil, gas, and mineral properties from an individual to a limited liability company (LLC) in the city of Houston, Texas. This deed plays a crucial role in the transaction process, ensuring that the transfer is valid and legally binding. Keywords related to this deed include Houston, Texas, oil, gas, mineral, deed, individual, limited liability company, transfer, ownership rights, properties, transaction, valid, legally binding. There can be different types of Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company based on specific circumstances: 1. General Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This refers to the standard and most commonly used deed, which involves the transfer of ownership rights of oil, gas, and mineral properties from an individual to an LLC. It outlines the legalities of the transfer, ensuring that all parties involved have a clear understanding of their rights and responsibilities. 2. Special Warranty Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This type of deed provides limited protection to the LLC, with the individual warranting only against claims arising during their ownership period. It means that the individual is not responsible for any claims that occurred before they acquired the property. 3. Quit Claim Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This deed is used primarily when the individual is transferring their ownership rights without providing any warranties or guarantees to the LLC. It implies that the individual is transferring their rights, if any, without making any claims about the ownership or quality of the property. These various types of Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company are designed to cater to different legal requirements and situations. Choosing the appropriate type of deed ensures a smooth and secure transfer of ownership rights while limiting potential legal risks.The Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company is a legal document used to transfer ownership rights of oil, gas, and mineral properties from an individual to a limited liability company (LLC) in the city of Houston, Texas. This deed plays a crucial role in the transaction process, ensuring that the transfer is valid and legally binding. Keywords related to this deed include Houston, Texas, oil, gas, mineral, deed, individual, limited liability company, transfer, ownership rights, properties, transaction, valid, legally binding. There can be different types of Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company based on specific circumstances: 1. General Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This refers to the standard and most commonly used deed, which involves the transfer of ownership rights of oil, gas, and mineral properties from an individual to an LLC. It outlines the legalities of the transfer, ensuring that all parties involved have a clear understanding of their rights and responsibilities. 2. Special Warranty Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This type of deed provides limited protection to the LLC, with the individual warranting only against claims arising during their ownership period. It means that the individual is not responsible for any claims that occurred before they acquired the property. 3. Quit Claim Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company: This deed is used primarily when the individual is transferring their ownership rights without providing any warranties or guarantees to the LLC. It implies that the individual is transferring their rights, if any, without making any claims about the ownership or quality of the property. These various types of Houston Texas Oil, Gas, and Mineral Deed — Individual to Limited Liability Company are designed to cater to different legal requirements and situations. Choosing the appropriate type of deed ensures a smooth and secure transfer of ownership rights while limiting potential legal risks.