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.
San Diego California Term Royalty Deed that Terminates Upon Expiration of Lease is a legal document that pertains to the transfer of rights to royalties from the extraction of minerals or resources on a specific property located in San Diego, California. This type of deed is used when a lease agreement for the extraction of these resources has a specified term, and the rights to receive royalties automatically terminate upon the expiration of the lease. Keywords: San Diego California, Term Royalty Deed, Terminates Upon Expiration of Lease, legal document, transfer of rights, royalties, extraction of minerals, extraction of resources, specific property. Different types of San Diego California Term Royalty Deeds that Terminate Upon Expiration of Lease: 1. Oil and Gas Royalty Deed: This type of royalty deed specifically pertains to the extraction of oil and gas resources on a property in San Diego, California. The deed allows for the transfer of rights to receive royalties from the production and sale of these resources. Once the lease agreement expires, the rights to royalties automatically terminate. 2. Mineral Royalty Deed: This type of royalty deed focuses on the extraction of various minerals, such as coal, gold, silver, or other valuable substances found on a property in San Diego, California. The deed enables the transfer of rights to royalties from the extraction and sale of these minerals. Upon the expiration of the lease, the rights to royalties cease. 3. Renewable Energy Royalty Deed: This particular type of royalty deed relates to the generation of renewable energy, such as solar or wind power, on a property in San Diego, California. The deed allows for the transfer of rights to receive royalties from the production and distribution of this clean energy. Like other types of term royalty deeds, the rights to royalties come to an end when the lease agreement expires. 4. Timber Royalty Deed: This type of royalty deed focuses on the harvesting and sale of timber or wood products from a property in San Diego, California. The deed enables the transfer of rights to receive royalties from the logging activities and subsequent sale of timber. Once the lease agreement expires, the rights to royalties terminate. These various types of San Diego California Term Royalty Deeds that Terminate Upon Expiration of Lease serve as vital legal instruments when it comes to the transfer of rights and the termination of royalty payments after the expiration of a lease agreement. It is important for all parties involved to fully understand the terms and provisions outlined in these deeds before engaging in any resource extraction activities on the specified property.
San Diego California Term Royalty Deed that Terminates Upon Expiration of Lease is a legal document that pertains to the transfer of rights to royalties from the extraction of minerals or resources on a specific property located in San Diego, California. This type of deed is used when a lease agreement for the extraction of these resources has a specified term, and the rights to receive royalties automatically terminate upon the expiration of the lease. Keywords: San Diego California, Term Royalty Deed, Terminates Upon Expiration of Lease, legal document, transfer of rights, royalties, extraction of minerals, extraction of resources, specific property. Different types of San Diego California Term Royalty Deeds that Terminate Upon Expiration of Lease: 1. Oil and Gas Royalty Deed: This type of royalty deed specifically pertains to the extraction of oil and gas resources on a property in San Diego, California. The deed allows for the transfer of rights to receive royalties from the production and sale of these resources. Once the lease agreement expires, the rights to royalties automatically terminate. 2. Mineral Royalty Deed: This type of royalty deed focuses on the extraction of various minerals, such as coal, gold, silver, or other valuable substances found on a property in San Diego, California. The deed enables the transfer of rights to royalties from the extraction and sale of these minerals. Upon the expiration of the lease, the rights to royalties cease. 3. Renewable Energy Royalty Deed: This particular type of royalty deed relates to the generation of renewable energy, such as solar or wind power, on a property in San Diego, California. The deed allows for the transfer of rights to receive royalties from the production and distribution of this clean energy. Like other types of term royalty deeds, the rights to royalties come to an end when the lease agreement expires. 4. Timber Royalty Deed: This type of royalty deed focuses on the harvesting and sale of timber or wood products from a property in San Diego, California. The deed enables the transfer of rights to receive royalties from the logging activities and subsequent sale of timber. Once the lease agreement expires, the rights to royalties terminate. These various types of San Diego California Term Royalty Deeds that Terminate Upon Expiration of Lease serve as vital legal instruments when it comes to the transfer of rights and the termination of royalty payments after the expiration of a lease agreement. It is important for all parties involved to fully understand the terms and provisions outlined in these deeds before engaging in any resource extraction activities on the specified property.