How are mineral and royalty interests addressed in the TREC contract forms and the TAR commercial contract forms?

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The TREC residential forms and the TAR forms are silent as to the reservation or exception of any mineral interests or royalty interests. Under those forms, the seller has, therefore, agreed to convey all interests in the property, including the mineral interests (unless such is specifically excluded otherwise by a special provision or addendum). In the TREC Farm and Ranch Contract form, Paragraph 6E provides space for the owner to specify the exact documents that evidence exceptions. Exceptions should be referenced by the specific recording data. Paragraph 2F of the same form contains a few lines for the seller to reserve minerals or other interests to himself.

Source: TAR

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