Assignor grants and sells to the assignees all mineral rights, royalty rights, and overriding royalty rights acquired by assignor or its predecessors-in-title. The assignment is made with warranty by through and under the Grantor, but no further.
The Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed refers to a legal instrument used to transfer ownership and rights related to mineral interests, royalties, and overriding royalties in the Bexar County, Texas area. This deed plays a vital role in the buying and selling, leasing, or gifting of these valuable interests and is often used within the oil and gas industry. The Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is crucial for establishing the legal framework and ensuring the proper transfer of these interests. It contains detailed information about the parties involved, such as the granter (the person or entity transferring the interests) and the grantee (the recipient of the interests). The deed also includes a comprehensive description of the mineral interests, royalties, or overriding royalties being conveyed. Various types of Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds exist, depending on the specific nature of the interests being conveyed. Some common types include: 1. Mineral Conveyance Deed: This deed is used when transferring ownership of mineral rights alone, separate from any associated royalties or overriding royalties. 2. Royalty Conveyance Deed: This type of deed focuses on transferring ownership of royalty interests, which entitle the owner to a percentage of the revenue generated from the production of minerals on a property. 3. Overriding Royalty Conveyance Deed: Overriding royalties are similar to regular royalties, but they are typically carved out of the working interest or the owner's share of production. This type of deed allows for the transfer of overriding royalty interests. It is essential to consult with experienced attorneys or industry professionals while dealing with the Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed to ensure compliance with local regulations and to protect any parties involved from potential disputes or legal complications.The Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed refers to a legal instrument used to transfer ownership and rights related to mineral interests, royalties, and overriding royalties in the Bexar County, Texas area. This deed plays a vital role in the buying and selling, leasing, or gifting of these valuable interests and is often used within the oil and gas industry. The Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is crucial for establishing the legal framework and ensuring the proper transfer of these interests. It contains detailed information about the parties involved, such as the granter (the person or entity transferring the interests) and the grantee (the recipient of the interests). The deed also includes a comprehensive description of the mineral interests, royalties, or overriding royalties being conveyed. Various types of Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds exist, depending on the specific nature of the interests being conveyed. Some common types include: 1. Mineral Conveyance Deed: This deed is used when transferring ownership of mineral rights alone, separate from any associated royalties or overriding royalties. 2. Royalty Conveyance Deed: This type of deed focuses on transferring ownership of royalty interests, which entitle the owner to a percentage of the revenue generated from the production of minerals on a property. 3. Overriding Royalty Conveyance Deed: Overriding royalties are similar to regular royalties, but they are typically carved out of the working interest or the owner's share of production. This type of deed allows for the transfer of overriding royalty interests. It is essential to consult with experienced attorneys or industry professionals while dealing with the Bexar Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed to ensure compliance with local regulations and to protect any parties involved from potential disputes or legal complications.
