A San Diego, California Mineral Deed with Granter Reserving Nonparticipating Royalty Interest is a legal document used to transfer mineral rights from a granter (seller) to a grantee (buyer), while reserving a nonparticipating royalty interest for the granter. This type of mineral deed allows the granter to retain the right to receive a portion of the proceeds from the production of minerals on the property, without being responsible for any of the associated costs or risks. Keywords: San Diego, California, mineral deed, granter, nonparticipating royalty interest, transfer, mineral rights, property, production, costs, risks. There could be variations of the San Diego, California Mineral Deed with Granter Reserving Nonparticipating Royalty Interest, such as: 1. San Diego, California Mineral Deed with Granter Reserving Nonparticipating Royalty Interest and Surface Rights: This type of mineral deed would not only transfer mineral rights but also include the granter's reservation of nonparticipating royalty interest in the production of minerals, as well as surface rights to the property. 2. San Diego, California Mineral Deed with Granter Reserving Nonparticipating Royalty Interest and Override: This variant would involve the granter reserving a nonparticipating royalty interest as well as an override interest, which entitles them to a percentage of the revenue exceeding a certain threshold. 3. San Diego, California Mineral Deed with Granter Reserving Nonparticipating Royalty Interest and Working Interest: In this case, the granter would retain both a nonparticipating royalty interest and a working interest, which grants them the right to actively participate in the exploration, development, and operation of the mineral property. These variations offer different arrangements and levels of involvement for granters in the mineral rights and production processes, catering to specific needs and preferences.
San Diego California Mineral Deed with Grantor Reserving Nonparticipating Royalty Interest
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