This deed grants, bargains, sells, conveys, and transfers to Grantee an undivided ten percent interest in and to all of Grantor's right, title, and interest in the oil, gas, and other minerals in, on, and under that may be produced from the agreed upon land.
Pearland Texas Mineral Deed is a legal document that transfers ownership of mineral rights in the city of Pearland, Texas. Mineral rights refer to the ownership and rights to extract valuable resources found underground, such as oil, gas, coal, and minerals. A Pearland Texas Mineral Deed is typically used when an individual or company wants to transfer or sell their ownership of mineral rights to another party. It is essential to have a clear and legally binding document to ensure the transfer of ownership is executed properly. The language and provisions of a Pearland Texas Mineral Deed may vary depending on the specific circumstances and requirements of the transaction. Some relevant keywords associated with such deeds include: 1. Mineral Deed: A legal document specifically designed for transferring mineral rights. 2. Pearland, Texas: The specific location where the mineral rights are located, indicating the jurisdiction of the deed. 3. Ownership Transfer: The process of transferring the ownership of mineral rights from one party to another. 4. Mineral Rights: The ownership and rights associated with valuable resources located underground. 5. Resource Extraction: The process of extracting minerals, oil, gas, or other valuable resources from the land. 6. Valuable Mineral Deposits: Resources found beneath the ground that have economic value. 7. Lease/Royalty Agreements: Additional arrangements often associated with mineral rights, which grant the right to extract resources in exchange for royalties or lease payments. 8. Surface Rights: The ownership rights to the surface land, separate from mineral rights, which may be addressed in the deed. Different types of Pearland Texas Mineral Deeds may exist based on specific circumstances or needs, including: 1. Sale Deed: A mineral deed used when the mineral rights are sold outright from one party to another. 2. Transfer Deed: A mineral deed used when the mineral rights are transferred from one owner to another, often within the same family or company. 3. Royalty Deed: A mineral deed that grants the new owner the right to collect royalties from resource extraction. 4. Partial Deed: A mineral deed that transfers only a portion of the mineral rights to another party, allowing for shared ownership. It is important to consult a qualified attorney or legal professional when dealing with Pearland Texas Mineral Deeds to ensure all requirements are met and the transfer of ownership is properly executed.Pearland Texas Mineral Deed is a legal document that transfers ownership of mineral rights in the city of Pearland, Texas. Mineral rights refer to the ownership and rights to extract valuable resources found underground, such as oil, gas, coal, and minerals. A Pearland Texas Mineral Deed is typically used when an individual or company wants to transfer or sell their ownership of mineral rights to another party. It is essential to have a clear and legally binding document to ensure the transfer of ownership is executed properly. The language and provisions of a Pearland Texas Mineral Deed may vary depending on the specific circumstances and requirements of the transaction. Some relevant keywords associated with such deeds include: 1. Mineral Deed: A legal document specifically designed for transferring mineral rights. 2. Pearland, Texas: The specific location where the mineral rights are located, indicating the jurisdiction of the deed. 3. Ownership Transfer: The process of transferring the ownership of mineral rights from one party to another. 4. Mineral Rights: The ownership and rights associated with valuable resources located underground. 5. Resource Extraction: The process of extracting minerals, oil, gas, or other valuable resources from the land. 6. Valuable Mineral Deposits: Resources found beneath the ground that have economic value. 7. Lease/Royalty Agreements: Additional arrangements often associated with mineral rights, which grant the right to extract resources in exchange for royalties or lease payments. 8. Surface Rights: The ownership rights to the surface land, separate from mineral rights, which may be addressed in the deed. Different types of Pearland Texas Mineral Deeds may exist based on specific circumstances or needs, including: 1. Sale Deed: A mineral deed used when the mineral rights are sold outright from one party to another. 2. Transfer Deed: A mineral deed used when the mineral rights are transferred from one owner to another, often within the same family or company. 3. Royalty Deed: A mineral deed that grants the new owner the right to collect royalties from resource extraction. 4. Partial Deed: A mineral deed that transfers only a portion of the mineral rights to another party, allowing for shared ownership. It is important to consult a qualified attorney or legal professional when dealing with Pearland Texas Mineral Deeds to ensure all requirements are met and the transfer of ownership is properly executed.