Collin Texas Mineral Deed with Granter Reserving Nonparticipating Royalty Interest is a legal document executed in Collin County, Texas, that transfers ownership of mineral rights from the granter (seller) to the grantee (buyer) while reserving a nonparticipating royalty interest for the granter. This type of deed is commonly used in oil, gas, or mineral-rich areas where the granter wants to retain a portion of the royalty rights. Keywords: Collin Texas, Mineral Deed, Granter, Reserving Nonparticipating Royalty Interest, ownership transfer, Collin County, oil, gas, mineral-rich, royalty rights. Different types of Collin Texas Mineral Deed with Granter Reserving Nonparticipating Royalty Interest include: 1. Collin Texas Mineral Deed with 1/16th Nonparticipating Royalty Interest: — In this type of mineral deed, thgranteror reserves a royalty interest equal to 1/16th of the total production from the minerals. 2. Collin Texas Mineral Deed with 1/8th Nonparticipating Royalty Interest: — Here, thgranteror reserves a higher royalty interest of 1/8th, ensuring a greater share of the royalties from the mineral production. 3. Collin Texas Mineral Deed with 3/16th Nonparticipating Royalty Interest: — This variation of the mineral deed allows the granter to retain a significant royalty interest worth 3/16th part of the total mineral production. 4. Collin Texas Mineral Deed with 1/4th Nonparticipating Royalty Interest: — In this type of mineral deed, thgranteror reserves a substantial nonparticipating royalty interest amounting to 1/4th of the overall mineral production royalties. These are just a few possible types of Collin Texas Mineral Deed with Granter Reserving Nonparticipating Royalty Interest, and the specific terms and conditions can vary based on the negotiation between the granter and grantee. It is important to consult with legal professionals to ensure the accuracy and accordance with local laws when drafting or considering such a deed.
Collin Texas Mineral Deed with Grantor Reserving Nonparticipating Royalty Interest
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