Keywords: Kings New York, Term Mineral Deed of Undivided Interest Detailed description: The Kings New York Term Mineral Deed of Undivided Interest is a legal document that pertains to the ownership and distribution of mineral rights in Kings County, New York. It establishes an agreement between the granter (the current owner of the mineral rights) and the grantee (the recipient of the rights) for a specific duration of time. This type of deed is specifically designed to grant an undivided interest in mineral rights for a limited period, typically ranging from a few years to several decades. It outlines the terms and conditions under which the grantee may explore, extract, and profit from the minerals found on the designated property. The Kings New York Term Mineral Deed of Undivided Interest encompasses various types based on the specific mineral rights being conveyed. These may include: 1. Oil and Gas: This type of deed grants a temporary undivided interest in oil and gas reserves found beneath the surface of the property in Kings County, New York. 2. Coal: A Term Mineral Deed of Undivided Interest pertaining to coal grants the grantee the right to extract and utilize coal deposits in the designated area for a predetermined period. 3. Gold and Silver: This type of mineral deed focuses on conveying the undivided interest in gold and silver deposits found within the property boundaries for a specified term. 4. Natural Gas: It grants the grantee the right to explore, extract, and utilize natural gas reserves on the property for a set duration. Each type of Kings New York Term Mineral Deed of Undivided Interest outlines the rights, obligations, and limitations of both the granter and grantee. The deed may include provisions for royalties, lease payments, renewal options, and even environmental regulations to ensure sustainable and responsible mineral extraction. It is crucial to consult with legal professionals experienced in property and mineral rights law when dealing with Kings New York Term Mineral Deed of Undivided Interest to ensure compliance with local regulations and protection of both parties' interests.
Kings New York Term Mineral Deed of Undivided Interest
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