Arizona 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. An Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both the surface and mineral rights of a property in Arizona to a new owner. This type of deed is commonly used in real estate transactions involving land that contains valuable mineral resources, particularly coal. The Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal ensures that the seller, also known as the granter, guarantees clear ownership of both the surface and mineral rights to the buyer, known as the grantee. It provides a legally binding assurance that the seller is conveying all their rights and interests in the property to the buyer, including any mineral deposits found beneath the surface. The phrase "With Reservation of All Coal" in the deed indicates that while the seller is transferring the ownership of the surface and mineral rights, they are reserving the exclusive right to the coal deposits present on the property. This reservation allows the seller to retain control over the extraction and mining of the coal, even though they no longer own the property itself. There may be different variations or additional types of Arizona Warranty Deeds for Surface and Mineral Interests, each with specific provisions or considerations. These could include: 1. Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of Specific Minerals: This type of deed allows the seller to reserve specific mineral rights, such as gold, silver, or oil, instead of reserving all minerals generally. 2. Arizona Special Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: Unlike a general warranty deed, a special warranty deed only guarantees clear title for the period in which the seller owned the property. This type of deed provides limited protection to the buyer regarding any potential defects in title prior to the seller's ownership. 3. Arizona Quitclaim Deed for Surface and Mineral Interests, With Reservation of All Coal: A quitclaim deed is often used when the granter is not guaranteeing clear title. This type of deed transfers the property "as-is," without any warranties or guarantees. The reservation of coal rights would still be applicable to a quitclaim deed in this context. It is essential to consult with a qualified attorney or title company when dealing with the transfer of surface and mineral interests in Arizona. They can provide guidance on the specific requirements and options available, ensuring a smooth and legally compliant transaction.

An Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both the surface and mineral rights of a property in Arizona to a new owner. This type of deed is commonly used in real estate transactions involving land that contains valuable mineral resources, particularly coal. The Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal ensures that the seller, also known as the granter, guarantees clear ownership of both the surface and mineral rights to the buyer, known as the grantee. It provides a legally binding assurance that the seller is conveying all their rights and interests in the property to the buyer, including any mineral deposits found beneath the surface. The phrase "With Reservation of All Coal" in the deed indicates that while the seller is transferring the ownership of the surface and mineral rights, they are reserving the exclusive right to the coal deposits present on the property. This reservation allows the seller to retain control over the extraction and mining of the coal, even though they no longer own the property itself. There may be different variations or additional types of Arizona Warranty Deeds for Surface and Mineral Interests, each with specific provisions or considerations. These could include: 1. Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of Specific Minerals: This type of deed allows the seller to reserve specific mineral rights, such as gold, silver, or oil, instead of reserving all minerals generally. 2. Arizona Special Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: Unlike a general warranty deed, a special warranty deed only guarantees clear title for the period in which the seller owned the property. This type of deed provides limited protection to the buyer regarding any potential defects in title prior to the seller's ownership. 3. Arizona Quitclaim Deed for Surface and Mineral Interests, With Reservation of All Coal: A quitclaim deed is often used when the granter is not guaranteeing clear title. This type of deed transfers the property "as-is," without any warranties or guarantees. The reservation of coal rights would still be applicable to a quitclaim deed in this context. It is essential to consult with a qualified attorney or title company when dealing with the transfer of surface and mineral interests in Arizona. They can provide guidance on the specific requirements and options available, ensuring a smooth and legally compliant transaction.