Kings New York Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual

State:
Multi-State
County:
Kings
Control #:
US-00576
Format:
Word; 
Rich Text
Instant download

Description

Grantor(s) convey, with limited warranty, unto the grantee all of grantor(s) mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document. Kings New York Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual is a legal document used in Kings County, New York, to convey the ownership rights of oil, gas, and mineral interests from either an individual or two individuals to another individual. This deed is commonly used in real estate transactions involving properties rich in natural resources. The Kings New York Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual serves as evidence of the transfer of these specific rights, making it crucial to establish and clarify ownership and usage rights within the mentioned property. Although there might not be distinct variations of this deed type, multiple parties or individuals may co-own the property and have a vested interest in the oil, gas, and mineral resources found within it. This deed contains essential information, including: 1. Granter(s) Details: The names, addresses, and legal description of the individuals or parties transferring their oil, gas, and mineral interests are clearly stated as granters. 2. Grantee Details: The name, address, and legal description of the individual receiving the conveyed interests are mentioned as the grantee. 3. Property Description: A comprehensive legal description or reference to a previously recorded property document identifies the location and boundaries of the property associated with the oil, gas, and mineral rights. 4. Consideration: The monetary value, consideration, or compensation exchanged for the transfer of these interests is stated. 5. Covenants and Warranty: Granter(s) typically include covenants and warranties assuring that they have valid ownership rights, the property is free from encumbrances, and they will defend the grantee's title against any future claims, subject to certain limitations if specified. 6. Retentions and Exceptions: Any exclusions or reservations made by the granter(s) regarding specific portions of the oil, gas, or mineral interests are outlined in this section. 7. Execution and Notarization: The deed must be signed and notarized by all relevant parties, ensuring its legal authenticity. It is important to consult with a specialized attorney or legal professional who has expertise in oil, gas, and mineral rights transactions to ensure accuracy and compliance with local regulations during the drafting and execution of such deeds.

Kings New York Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual is a legal document used in Kings County, New York, to convey the ownership rights of oil, gas, and mineral interests from either an individual or two individuals to another individual. This deed is commonly used in real estate transactions involving properties rich in natural resources. The Kings New York Oil, Gas, and Mineral Deed — Individual or Two Individuals to an Individual serves as evidence of the transfer of these specific rights, making it crucial to establish and clarify ownership and usage rights within the mentioned property. Although there might not be distinct variations of this deed type, multiple parties or individuals may co-own the property and have a vested interest in the oil, gas, and mineral resources found within it. This deed contains essential information, including: 1. Granter(s) Details: The names, addresses, and legal description of the individuals or parties transferring their oil, gas, and mineral interests are clearly stated as granters. 2. Grantee Details: The name, address, and legal description of the individual receiving the conveyed interests are mentioned as the grantee. 3. Property Description: A comprehensive legal description or reference to a previously recorded property document identifies the location and boundaries of the property associated with the oil, gas, and mineral rights. 4. Consideration: The monetary value, consideration, or compensation exchanged for the transfer of these interests is stated. 5. Covenants and Warranty: Granter(s) typically include covenants and warranties assuring that they have valid ownership rights, the property is free from encumbrances, and they will defend the grantee's title against any future claims, subject to certain limitations if specified. 6. Retentions and Exceptions: Any exclusions or reservations made by the granter(s) regarding specific portions of the oil, gas, or mineral interests are outlined in this section. 7. Execution and Notarization: The deed must be signed and notarized by all relevant parties, ensuring its legal authenticity. It is important to consult with a specialized attorney or legal professional who has expertise in oil, gas, and mineral rights transactions to ensure accuracy and compliance with local regulations during the drafting and execution of such deeds.

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Kings New York Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual