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.
Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legally binding document that grants ownership of mineral rights within designated properties in Queens, New York. This deed outlines the terms and conditions under which these mineral rights are transferred, while the granter reserves the executive rights associated with the conveyed interest. The Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer contains several crucial elements. Firstly, it identifies the parties involved — the grantor (the current owner of the mineral rights) and the grantee (the recipient of the mineral rights). It also establishes a detailed legal description of the property in Queens, New York, to which the mineral rights pertain. The purpose of this deed is to transfer the mineral rights from the granter to the grantee while allowing the granter to retain certain executive rights associated with the conveyed interest. These executive rights may include the ability to negotiate leases, execute agreements, and collect royalties or bonus payments related to the extraction and exploration of minerals on the property. Different variations of Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer may exist based on specific circumstances or additional provisions. These variations may include specific conditions regarding the duration of the granter's executive rights, restrictions or permissions for the grantee to conduct mineral exploration or extraction activities, or limitations on the granter's ability to transfer the executive rights to third parties. Keywords: Queens, New York, mineral deed, granter, executive rights, interest conveyed, transfer, property, legal description, mineral rights, royalties, exploration, extraction, lease, agreement, provisions, circumstances, restrictions.
Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer is a legally binding document that grants ownership of mineral rights within designated properties in Queens, New York. This deed outlines the terms and conditions under which these mineral rights are transferred, while the granter reserves the executive rights associated with the conveyed interest. The Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer contains several crucial elements. Firstly, it identifies the parties involved — the grantor (the current owner of the mineral rights) and the grantee (the recipient of the mineral rights). It also establishes a detailed legal description of the property in Queens, New York, to which the mineral rights pertain. The purpose of this deed is to transfer the mineral rights from the granter to the grantee while allowing the granter to retain certain executive rights associated with the conveyed interest. These executive rights may include the ability to negotiate leases, execute agreements, and collect royalties or bonus payments related to the extraction and exploration of minerals on the property. Different variations of Queens New York Mineral Deed with Granter Reserving Executive Rights in the Interest Conveyed — Transfer may exist based on specific circumstances or additional provisions. These variations may include specific conditions regarding the duration of the granter's executive rights, restrictions or permissions for the grantee to conduct mineral exploration or extraction activities, or limitations on the granter's ability to transfer the executive rights to third parties. Keywords: Queens, New York, mineral deed, granter, executive rights, interest conveyed, transfer, property, legal description, mineral rights, royalties, exploration, extraction, lease, agreement, provisions, circumstances, restrictions.