Arizona Deed (As to Specified Subsurface Depths) is a legal document used in the state of Arizona to transfer property ownership rights. This type of deed specifically addresses the rights and restrictions associated with subsurface depths, meaning the land's natural resources and minerals located underground. In Arizona, there are different variations of deeds related to subsurface depths that property owners can utilize depending on their specific needs and requirements. These include: 1. General Warranty Deed (As to Specified Subsurface Depths): This deed guarantees that the seller legally owns the property and holds all rights to the specified subsurface depths. It also warrants that no other person or entity has any outstanding claims or encumbrances related to the subsurface resources. The buyer is protected against any future claims on the subsurface depths. 2. Special Warranty Deed (As to Specified Subsurface Depths): This type of deed also provides assurances that the seller owns the property and holds rights to the specified subsurface depths. However, it limits the warranty scope to only the seller's period of ownership. This means that the buyer may not be fully protected against any claims prior to the seller's ownership. 3. Quitclaim Deed (As to Specified Subsurface Depths): This deed transfers the seller's rights and interests in the property and its subsurface depths to the buyer. However, it offers no warranty or guarantee regarding the subsurface depths. The buyer accepts the property "as is," assuming any potential risks or claims associated with the specified subsurface depths. When using an Arizona Deed (As to Specified Subsurface Depths), it is essential to consult with a real estate attorney or legal professional who specializes in property law. This ensures that the deed accurately reflects the intended rights and restrictions related to the subsurface depths. Additionally, it is crucial to conduct a thorough title search to identify any existing liens or encumbrances on the property before finalizing the deed.
Arizona Deed (As to Specified Subsurface Depths)
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