US Legal Forms
Localized Forms
California
Riverside
Term Royalty Deed that Terminates Upon Expiration of Lease

Riverside California Term Royalty Deed that Terminates Upon Expiration of Lease

Name: Riverside California Term Royalty Deed that Terminates Upon Expiration of Lease
Brand: US Legal Forms
Rating: 4.7 (488 reviews)

Category:

Oil Gas and Minerals - Deeds

State:

Multi-State

County:

Riverside

Control #:

US-OG-046

Format:

Instant download

Description

This form provides for a conveyance of royalty for a limited period of time. The interest conveyed terminates and reverts to the Grantor when the identified oil and gas lease terminates.

Term Nonparticipating Royalty Deed from Mi...

View this form

How to fill out Riverside California Term Royalty Deed That Terminates Upon Expiration Of Lease?

If you need to get a trustworthy legal form provider to get the Riverside Term Royalty Deed that Terminates Upon Expiration of Lease, consider US Legal Forms. No matter if you need to launch your LLC business or take care of your asset distribution, we got you covered. You don't need to be knowledgeable about in law to find and download the needed template.

You can search from over 85,000 forms categorized by state/county and case.
The self-explanatory interface, variety of supporting resources, and dedicated support make it simple to locate and execute various documents.
US Legal Forms is a reliable service providing legal forms to millions of users since 1997.

You can simply type to search or browse Riverside Term Royalty Deed that Terminates Upon Expiration of Lease, either by a keyword or by the state/county the document is intended for. After locating needed template, you can log in and download it or save it in the My Forms tab.

Don't have an account? It's effortless to start! Simply find the Riverside Term Royalty Deed that Terminates Upon Expiration of Lease template and check the form's preview and description (if available). If you're confident about the template’s language, go ahead and hit Buy now. Create an account and choose a subscription plan. The template will be immediately ready for download as soon as the payment is completed. Now you can execute the form.

Handling your law-related matters doesn’t have to be expensive or time-consuming. US Legal Forms is here to demonstrate it. Our comprehensive variety of legal forms makes this experience less costly and more reasonably priced. Set up your first company, arrange your advance care planning, draft a real estate agreement, or execute the Riverside Term Royalty Deed that Terminates Upon Expiration of Lease - all from the convenience of your home.

Join US Legal Forms now!

Form Rating

4.7

Satisfied(488)

Form popularity

FAQ

in clause (or shutin royalty clause) traditionally allows the lessee to maintain the lease by making shutin payments on a well capable of producing oil or gas in paying quantities where the oil or gas cannot be marketed, whether due to a lack of pipeline connection or otherwise.

1-YEAR. After a year of being shut in, significant corrosion damage is likely to have occurred if the well has any water left downhole untreated.

In such circumstances where a gas well has been completed but no market exists for the gas, the shut-in clause enables a lessee to keep the non-producing lease in force by the payment of the shut-in royalty.

The mineral rights, or interests, after separation from the surface, can be retained or sold as the landowner wishes through a mineral deed or a royalty deed. A deed is also known as a conveyance or reservation.

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.

The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.

Shut in a well in the Oil and Gas Industry To shut in a well is to close off a well so that it stops producing. An emergency shutdown valve was installed on the wellhead to shut in the well at any time.

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.

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.

More info

Brisbane Casino Agreement in the manner set out in this deed. C. Termination of Mineral Royalties. 1. Prescription.The University of California, Riverside Guide to Contracting (Guide) is designed to assist campus personnel. Accountability is based on performance and results. 17 Also, a deed reserving "one-half.

Riverside California Term Royalty Deed that Terminates Upon Expiration of Lease

Description

Related forms

Viewed forms

How to fill out Riverside California Term Royalty Deed That Terminates Upon Expiration Of Lease?

Show more info

Form Rating

Form popularity

FAQ

What is a shut in clause?

What is a shut in royalty clause?

How long can a well be shut in?

What is a shut in lease?

What is a royalty conveyance?

What is the difference between mineral rights and royalty rights?

What does the mineral Leasing Act do?

What is a shut in oil well?

What is a royalty deed?

What is the difference between a royalty deed and a mineral deed?

More info

Trusted and secure by over 3 million people of the world’s leading companies