Alameda California Term Royalty Deed

Name: Alameda California Term Royalty Deed
Brand: US Legal Forms
Rating: 4.86 (234 reviews)

Category:

Oil Gas and Minerals - Deeds

State:

Multi-State

County:

Alameda

Control #:

US-OG-045

Format:

Instant download

Description

This form conveys a royalty interest for a specified term of years. If there is production at the end of that term, or the lands are subject to an oil and gas lease, the interest will continue to be owned by the grantee until production ceases.

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FAQ

In addition to the basic recording fee of $89.00 for the first page and $3.00 for each page thereafter, there are other fees which may be due on deeds and leases. Collection of fees include: Documentary Transfer Tax.

A royalty deed is more restrictive than a mineral deed. Another name for a royalty deed is non-participating production interest. In this case, the deed holder has fewer rights and less control over the property below the surface.

Mineral rights deeds are not the same as royalty deeds. Royalty deeds do not allow for surface access, or for the initiation of the extraction and sale of minerals. A royalty owner will only benefit economically if the mineral owner decides to produce and sell the minerals.

A royalty interest is a non-possessory real property interest in oil and gas production free of production and operating expenses, which may be created by grant or by reservation or exception.

What Is A Royalty Deed? A royalty deed gives its holder the right to receive a percentage of the profits from the sale of the minerals, if and when they are actually produced. This kind of legal document does not convey all of the mineral rights to the holder, only the right to receive royalties.

If you need a copy of the current deed, contact or visit the Alameda County Recorder's Office. Copies of deeds are not available off the internet. There is an online name index. Copies of the document itself must be obtained from the Recorder's Office Public Records Room.

Unlike a mineral interest owner, a royalty interest owner does not possess executive rights. In addition, a royalty interest owner does not possess the right to receive lease bonuses, delay rental payments, or shut-in payments.

A mineral interest owner also possesses the right to receive lease bonuses, delay rental payments, shut-in payments and royalties. A royalty interest, on the other hand, is the property interest created that entitles the owner to receive a share of the production.

You may request copies of recorded real property documents online, in person, or by mail. As of January 1, 2018, the fee for a copy of a recorded document is: $2.00 for the first page and $0.05 for each additional page, per document copy.

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Alamedasouthshorecenter. Superior Court of California, County of Alameda.Combination thereof interested in completing the Central Avenue Complete Street Plan. The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs. The term 'net sales' was defined in the agreement. Our therapy team focused on building up her strength and endurance. Wind River Systems, also known as Wind River, is an Alameda, California–based company. Title Transfer: UNI Royalties, Ltd. YOU AGREE TO GIVE UP YOUR RIGHT TO GO TO COURT to assert or defend Your rights under this contract (except for matters that may be taken to small claims court).

Alameda California Term Royalty Deed

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