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.
Edinburg Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is a legal document that pertains to the transfer of rights, interests, and ownership of mineral resources, mineral royalties, and overriding royalties in Edinburg, Texas. This deed serves as a crucial instrument for effectively conveying and changing ownership of these valuable assets. In Edinburg, Texas, there are several types of Mineral, Royalty, and Overriding Royalty Conveyance Deeds, including: 1. Mineral Conveyance Deed: This type of conveyance deed focuses specifically on the transfer of ownership and rights to the minerals underneath a property located in Edinburg, Texas. It ensures that the new owner obtains exclusive rights to extract, explore, and profit from these minerals. 2. Royalty Conveyance Deed: This deed transfers the ownership of the royalties associated with mineral extraction, production, and sales from one party to another. It allows the new owner to receive a specific percentage or portion of the profits generated from the mineral resources extracted from the property in Edinburg, Texas. 3. Overriding Royalty Conveyance Deed: This conveyance deed concerns the transfer of overriding royalties, which are a separate interest from mineral ownership and royalties. Overriding royalties are usually held by individuals or entities that contribute in some way to the extraction or production process but do not own the mineral rights. This deed ensures the new owner receives a percentage of the revenue generated from the property's mineral resources. Each of these conveyance deeds involves a detailed and comprehensive legal process to transfer ownership rights properly. It is crucial to consult with an experienced attorney who specializes in mineral rights law to ensure that the conveyance is accurately and legally executed. Whether you are a buyer or seller, understanding the complexities of Edinburg Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds is essential. By having a clear understanding of the various types and their implications, you can ensure a seamless transfer of mineral ownership or royalties in Edinburg, Texas.Edinburg Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is a legal document that pertains to the transfer of rights, interests, and ownership of mineral resources, mineral royalties, and overriding royalties in Edinburg, Texas. This deed serves as a crucial instrument for effectively conveying and changing ownership of these valuable assets. In Edinburg, Texas, there are several types of Mineral, Royalty, and Overriding Royalty Conveyance Deeds, including: 1. Mineral Conveyance Deed: This type of conveyance deed focuses specifically on the transfer of ownership and rights to the minerals underneath a property located in Edinburg, Texas. It ensures that the new owner obtains exclusive rights to extract, explore, and profit from these minerals. 2. Royalty Conveyance Deed: This deed transfers the ownership of the royalties associated with mineral extraction, production, and sales from one party to another. It allows the new owner to receive a specific percentage or portion of the profits generated from the mineral resources extracted from the property in Edinburg, Texas. 3. Overriding Royalty Conveyance Deed: This conveyance deed concerns the transfer of overriding royalties, which are a separate interest from mineral ownership and royalties. Overriding royalties are usually held by individuals or entities that contribute in some way to the extraction or production process but do not own the mineral rights. This deed ensures the new owner receives a percentage of the revenue generated from the property's mineral resources. Each of these conveyance deeds involves a detailed and comprehensive legal process to transfer ownership rights properly. It is crucial to consult with an experienced attorney who specializes in mineral rights law to ensure that the conveyance is accurately and legally executed. Whether you are a buyer or seller, understanding the complexities of Edinburg Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds is essential. By having a clear understanding of the various types and their implications, you can ensure a seamless transfer of mineral ownership or royalties in Edinburg, Texas.