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.
A Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is a legal document used to transfer ownership rights or interests in mineral, royalty, and overriding royalty interests located in Wichita Falls, Texas. This type of deed is commonly used in the oil and gas industry to establish ownership and rights to these valuable assets and ensure proper conveyance. The main purpose of the Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is to provide a detailed description of the property, specify the parties involved in the conveyance, and outline the terms and conditions of the transfer. This includes the description of the mineral interests, royalty interests, and overriding royalty interests being conveyed, along with any reservations or exceptions. Different types of Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds may include: 1. Mineral Conveyance Deed: This type of deed specifically transfers ownership rights of the mineral interests or rights present in a particular property in Wichita Falls, Texas. 2. Royalty Conveyance Deed: A Royalty Conveyance Deed primarily deals with the transfer of royalty interests, which entitle the owner to a percentage of the proceeds from the production of oil, gas, or other minerals on the property. 3. Overriding Royalty Conveyance Deed: An Overriding Royalty Conveyance Deed involves the transfer of overriding royalty interests, which are often reserved for individuals or companies that are not the owners of the property but have a right to a share of the production proceeds. It is important to note that these deeds can have variations and may include specific clauses or provisions based on the agreed terms between the parties involved. Additionally, it is crucial to consult with legal professionals or experts in the field to ensure accuracy and compliance with relevant laws and regulations in Wichita Falls, Texas.A Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is a legal document used to transfer ownership rights or interests in mineral, royalty, and overriding royalty interests located in Wichita Falls, Texas. This type of deed is commonly used in the oil and gas industry to establish ownership and rights to these valuable assets and ensure proper conveyance. The main purpose of the Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deed is to provide a detailed description of the property, specify the parties involved in the conveyance, and outline the terms and conditions of the transfer. This includes the description of the mineral interests, royalty interests, and overriding royalty interests being conveyed, along with any reservations or exceptions. Different types of Wichita Falls Texas Mineral, Royalty, and Overriding Royalty Conveyance Deeds may include: 1. Mineral Conveyance Deed: This type of deed specifically transfers ownership rights of the mineral interests or rights present in a particular property in Wichita Falls, Texas. 2. Royalty Conveyance Deed: A Royalty Conveyance Deed primarily deals with the transfer of royalty interests, which entitle the owner to a percentage of the proceeds from the production of oil, gas, or other minerals on the property. 3. Overriding Royalty Conveyance Deed: An Overriding Royalty Conveyance Deed involves the transfer of overriding royalty interests, which are often reserved for individuals or companies that are not the owners of the property but have a right to a share of the production proceeds. It is important to note that these deeds can have variations and may include specific clauses or provisions based on the agreed terms between the parties involved. Additionally, it is crucial to consult with legal professionals or experts in the field to ensure accuracy and compliance with relevant laws and regulations in Wichita Falls, Texas.