Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Kings
• Control #: US-OG-042
• Format: Word; Rich Text

Description

This form provides for a conveyance of a nonparticipating royalty interest in specific lands. Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty is a legal document that transfers the ownership of nonparticipating royalty interests in oil, gas, or other mineral rights in the state of New York. This type of deed is commonly used when an individual wants to gift their royalty interests to another person or entity. The Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty outlines the details of the transfer, including the names and addresses of the granter (the person gifting the royalties) and the grantee (the recipient of the royalties). It also includes a legal description of the specific property and the interest being transferred. The keyword "Kings New York Gift Deed" refers to this particular type of legal document used in the state of New York. The term "Nonparticipating Royalty Interest" indicates that the recipient of the royalties does not have any rights to participate in the management or operations of the property. Additionally, the phrase "with No Warranty" indicates that the granter does not provide any warranties or guarantees regarding the status, validity, or extent of the royalty interests being transferred. This means that the grantee accepts the properties "as is" and takes on any risks or liabilities associated with the ownership. The Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty may have different variations based on specific circumstances or preferences. Some possible variations or types of this deed include: 1. Kings New York Gift Deed of Nonparticipating Oil Royalty Interest with No Warranty 2. Kings New York Gift Deed of Nonparticipating Gas Royalty Interest with No Warranty 3. Kings New York Gift Deed of Nonparticipating Mineral Royalty Interest with No Warranty 4. Kings New York Gift Deed of Nonparticipating Royalty Interest in Specific Property with No Warranty These variations indicate the specific type of royalty interests being transferred, such as oil, gas, or mineral interests, and whether they pertain to a particular property or are more general in nature. In summary, the Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty is a legal document that facilitates the gifting of nonparticipating royalty interests in oil, gas, or mineral rights. It is important to consult with a legal professional to ensure the accurate drafting and execution of this document, considering the specific circumstances and requirements of the transfer.

Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty is a legal document that transfers the ownership of nonparticipating royalty interests in oil, gas, or other mineral rights in the state of New York. This type of deed is commonly used when an individual wants to gift their royalty interests to another person or entity. The Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty outlines the details of the transfer, including the names and addresses of the granter (the person gifting the royalties) and the grantee (the recipient of the royalties). It also includes a legal description of the specific property and the interest being transferred. The keyword "Kings New York Gift Deed" refers to this particular type of legal document used in the state of New York. The term "Nonparticipating Royalty Interest" indicates that the recipient of the royalties does not have any rights to participate in the management or operations of the property. Additionally, the phrase "with No Warranty" indicates that the granter does not provide any warranties or guarantees regarding the status, validity, or extent of the royalty interests being transferred. This means that the grantee accepts the properties "as is" and takes on any risks or liabilities associated with the ownership. The Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty may have different variations based on specific circumstances or preferences. Some possible variations or types of this deed include: 1. Kings New York Gift Deed of Nonparticipating Oil Royalty Interest with No Warranty 2. Kings New York Gift Deed of Nonparticipating Gas Royalty Interest with No Warranty 3. Kings New York Gift Deed of Nonparticipating Mineral Royalty Interest with No Warranty 4. Kings New York Gift Deed of Nonparticipating Royalty Interest in Specific Property with No Warranty These variations indicate the specific type of royalty interests being transferred, such as oil, gas, or mineral interests, and whether they pertain to a particular property or are more general in nature. In summary, the Kings New York Gift Deed of Nonparticipating Royalty Interest with No Warranty is a legal document that facilitates the gifting of nonparticipating royalty interests in oil, gas, or mineral rights. It is important to consult with a legal professional to ensure the accurate drafting and execution of this document, considering the specific circumstances and requirements of the transfer.