Alabama Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-319
• Format: Word; Rich Text

Description

This form is used by the grantor to convey, sell and assign to the grantee, all of the surface estate including the oil, gas, and mineral interest located in and under the lands. Description: The Alabama Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in the state of Alabama to transfer ownership of both surface and mineral interests in a property. It provides a guarantee to the buyer, known as the grantee, that the seller or granter has full legal right and authority to sell the property and that it is free from any undisclosed encumbrances or claims. This type of deed specifically reserves all coal rights for the granter, which means that the grantee will not have any ownership or access to the coal resources on the property. Keywords: Alabama, Warranty Deed, Surface, Mineral Interests, Reservation, All Coal, legal document, transfer ownership, guarantee, grantee, seller, granter, encumbrances, claims, coal rights. Different types of Alabama Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Individual to Individual — This type of deed is used when an individual seller transfers surface and mineral interests, with a reservation of all coal, to an individual buyer. It ensures that both parties have a clear understanding of their rights and responsibilities regarding the property. 2. Corporation to Corporation — In this case, a corporation sells and transfers surface and mineral interests, with a reservation of all coal, to another corporation. This type of transaction is commonly seen in large-scale commercial ventures or when businesses are consolidating or merging. 3. Trustee to Trust — When a trust is thgranteror and conveys surface and mineral interests, with a reservation of all coal, to another trust, this kind of deed is utilized. It allows for the smooth transition of assets from one trust to another, ensuring the proper management and protection of the property. 4. Executor to Beneficiary — In situations where a deceased person's estate is being settled and distributed, the executor of the estate may use this deed to transfer surface and mineral interests, with a reservation of all coal, to the designated beneficiary. This deed helps to ensure a seamless transfer of ownership and provides clarity to all parties involved. 5. Company to Individual — This type of deed is applicable when a company sells and transfers surface and mineral interests, with a reservation of all coal, to an individual buyer. It is commonly used in real estate transactions where a company is divesting a property to an individual for personal or investment purposes.

Description: The Alabama Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in the state of Alabama to transfer ownership of both surface and mineral interests in a property. It provides a guarantee to the buyer, known as the grantee, that the seller or granter has full legal right and authority to sell the property and that it is free from any undisclosed encumbrances or claims. This type of deed specifically reserves all coal rights for the granter, which means that the grantee will not have any ownership or access to the coal resources on the property. Keywords: Alabama, Warranty Deed, Surface, Mineral Interests, Reservation, All Coal, legal document, transfer ownership, guarantee, grantee, seller, granter, encumbrances, claims, coal rights. Different types of Alabama Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Individual to Individual — This type of deed is used when an individual seller transfers surface and mineral interests, with a reservation of all coal, to an individual buyer. It ensures that both parties have a clear understanding of their rights and responsibilities regarding the property. 2. Corporation to Corporation — In this case, a corporation sells and transfers surface and mineral interests, with a reservation of all coal, to another corporation. This type of transaction is commonly seen in large-scale commercial ventures or when businesses are consolidating or merging. 3. Trustee to Trust — When a trust is thgranteror and conveys surface and mineral interests, with a reservation of all coal, to another trust, this kind of deed is utilized. It allows for the smooth transition of assets from one trust to another, ensuring the proper management and protection of the property. 4. Executor to Beneficiary — In situations where a deceased person's estate is being settled and distributed, the executor of the estate may use this deed to transfer surface and mineral interests, with a reservation of all coal, to the designated beneficiary. This deed helps to ensure a seamless transfer of ownership and provides clarity to all parties involved. 5. Company to Individual — This type of deed is applicable when a company sells and transfers surface and mineral interests, with a reservation of all coal, to an individual buyer. It is commonly used in real estate transactions where a company is divesting a property to an individual for personal or investment purposes.