Pima Arizona Mineral Deed with Grantor Reserving Nonparticipating Royalty Interest

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Pima
• Control #: US-OG-062
• Format: Word; Rich Text

Description

This form of deed conveys the grantee an undivided mineral interest, with the grantor reserving a nonparticipating royalty interest out of the interest conveyed. A Lima, Arizona mineral deed with granter reserving nonparticipating royalty interest is a legal document that transfers mineral rights from one party (the granter) to another (the grantee), while the granter reserves the right to receive a portion of the royalties generated from the minerals. This type of mineral deed is commonly used in Lima, Arizona, where valuable mineral resources such as coal, oil, natural gas, and other minerals are found. By executing this deed, the granter transfers the ownership of the minerals to the grantee, allowing them to extract and profit from these resources. However, unlike a traditional mineral deed, the granter retains a nonparticipating royalty interest. Keywords: Lima Arizona, mineral deed, granter, grantee, nonparticipating royalty interest, minerals, coal, oil, natural gas, resources. There may be different variations of Lima Arizona mineral deeds with granter reserving nonparticipating royalty interest, including: 1. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Coal: This specific type of mineral deed is used when the mineral interest being transferred involves coal deposits in Lima, Arizona. The granter reserves the right to receive a portion of the royalties generated from the coal extraction. 2. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Oil and Gas: This variation is utilized when the mineral rights being conveyed pertain to oil and gas reserves in Lima, Arizona. The granter retains the nonparticipating royalty interest, receiving a percentage of the profits generated from the extraction and production of oil and gas. 3. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Multiple Minerals: In cases where thgranteror wishes to reserve a nonparticipating royalty interest for various minerals, such as coal, oil, gas, and other valuable resources found in Lima, Arizona, this type of mineral deed is used. It allows the granter to receive a portion of the royalties from the extraction of these minerals. It is important to note that the specific language and terms used in Lima Arizona mineral deeds with granter reserving nonparticipating royalty interest may vary depending on the parties involved, the desired royalty percentage, and other factors. Furthermore, it is highly recommended consulting with a qualified attorney specializing in mineral rights transactions to ensure accuracy and compliance with local laws.

A Lima, Arizona mineral deed with granter reserving nonparticipating royalty interest is a legal document that transfers mineral rights from one party (the granter) to another (the grantee), while the granter reserves the right to receive a portion of the royalties generated from the minerals. This type of mineral deed is commonly used in Lima, Arizona, where valuable mineral resources such as coal, oil, natural gas, and other minerals are found. By executing this deed, the granter transfers the ownership of the minerals to the grantee, allowing them to extract and profit from these resources. However, unlike a traditional mineral deed, the granter retains a nonparticipating royalty interest. Keywords: Lima Arizona, mineral deed, granter, grantee, nonparticipating royalty interest, minerals, coal, oil, natural gas, resources. There may be different variations of Lima Arizona mineral deeds with granter reserving nonparticipating royalty interest, including: 1. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Coal: This specific type of mineral deed is used when the mineral interest being transferred involves coal deposits in Lima, Arizona. The granter reserves the right to receive a portion of the royalties generated from the coal extraction. 2. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Oil and Gas: This variation is utilized when the mineral rights being conveyed pertain to oil and gas reserves in Lima, Arizona. The granter retains the nonparticipating royalty interest, receiving a percentage of the profits generated from the extraction and production of oil and gas. 3. Lima Arizona Mineral Deed with Granter Reserving Nonparticipating Royalty Interest — Multiple Minerals: In cases where thgranteror wishes to reserve a nonparticipating royalty interest for various minerals, such as coal, oil, gas, and other valuable resources found in Lima, Arizona, this type of mineral deed is used. It allows the granter to receive a portion of the royalties from the extraction of these minerals. It is important to note that the specific language and terms used in Lima Arizona mineral deeds with granter reserving nonparticipating royalty interest may vary depending on the parties involved, the desired royalty percentage, and other factors. Furthermore, it is highly recommended consulting with a qualified attorney specializing in mineral rights transactions to ensure accuracy and compliance with local laws.