Pima Arizona Mineral Deed with Grantor Reserving Executive Rights in the Interest Conveyed - Transfer

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Pima
• Control #: US-OG-060
• Format: Word; Rich Text

Description

This form of deed conveys the grantee a specified undivided mineral interest, with the grantor reserving the right to sign leases (the executive right) on the interest conveyed. A Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document that transfers ownership of mineral rights from the granter to the grantee in the county of Lima, Arizona. This type of deed includes a provision where the granter reserves the executive rights in the interest conveyed. The Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is commonly used in situations where the granter wishes to retain the executive rights over the mineral rights, allowing them to make decisions regarding leasing, exploration, or development of the property. The granter can be an individual or an entity, such as a corporation. This deed ensures that while the grantee becomes the owner of the mineral rights, the granter retains the power to grant and lease those rights to third parties or engage in any other executive decisions related to the minerals. This provision provides the granter with significant control over the use and management of the mineral rights. There are various types of Lima Arizona Mineral Deeds with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, including: 1. Single-party Deed: This type of deed involves the transfer of mineral rights from a single granter to a single grantee. 2. Multiple-party Deed: In this scenario, multiple granters transfer their mineral rights to a single grantee. This can occur when multiple individuals or entities hold partial ownership of the mineral rights and collectively sell their interests to the grantee. 3. Partial interest Deed: This type of deed involves the transfer of a partial interest in the mineral rights from the granter to the grantee. The granter retains a certain percentage of the ownership and the executive rights over the remaining interest conveyed to the grantee. 4. Absolute Executive Rights Deed: In this variation, the granter transfers the absolute executive rights to the grantee while retaining no ownership interest in the minerals themselves. This type of deed allows the grantee complete control over the minerals' leasing, exploration, and development without any interference from the granter. The Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is an essential legal document for individuals and entities involved in buying or selling mineral rights in the Pima County, Arizona area. It provides a clear framework for the transfer of ownership while ensuring that the granter maintains their executive rights over the mineral interests conveyed.

A Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legal document that transfers ownership of mineral rights from the granter to the grantee in the county of Lima, Arizona. This type of deed includes a provision where the granter reserves the executive rights in the interest conveyed. The Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is commonly used in situations where the granter wishes to retain the executive rights over the mineral rights, allowing them to make decisions regarding leasing, exploration, or development of the property. The granter can be an individual or an entity, such as a corporation. This deed ensures that while the grantee becomes the owner of the mineral rights, the granter retains the power to grant and lease those rights to third parties or engage in any other executive decisions related to the minerals. This provision provides the granter with significant control over the use and management of the mineral rights. There are various types of Lima Arizona Mineral Deeds with Granter Reserving Executive Rights in the Interest Conveyed — Transfer, including: 1. Single-party Deed: This type of deed involves the transfer of mineral rights from a single granter to a single grantee. 2. Multiple-party Deed: In this scenario, multiple granters transfer their mineral rights to a single grantee. This can occur when multiple individuals or entities hold partial ownership of the mineral rights and collectively sell their interests to the grantee. 3. Partial interest Deed: This type of deed involves the transfer of a partial interest in the mineral rights from the granter to the grantee. The granter retains a certain percentage of the ownership and the executive rights over the remaining interest conveyed to the grantee. 4. Absolute Executive Rights Deed: In this variation, the granter transfers the absolute executive rights to the grantee while retaining no ownership interest in the minerals themselves. This type of deed allows the grantee complete control over the minerals' leasing, exploration, and development without any interference from the granter. The Lima Arizona Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is an essential legal document for individuals and entities involved in buying or selling mineral rights in the Pima County, Arizona area. It provides a clear framework for the transfer of ownership while ensuring that the granter maintains their executive rights over the mineral interests conveyed.