Connecticut Royalty Deed with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-043
• Format: Word; Rich Text

Description

This form conveys a royalty interest with a limited warranty. The Connecticut Royalty Deed with Limited Warranty is a legal document that transfers ownership of oil, gas, or mineral rights from one party to another in the state of Connecticut. This type of deed provides limited protection to the buyer or grantee, ensuring that the granter has not encumbered the property and has the legal right to transfer the ownership. This royalty deed serves as evidence of the transfer and provides limited warranties to the grantee. It guarantees that the granter has not subjected the property to any actions or claims that could diminish the value of the mineral rights being transferred. However, the limited warranty does not cover any potential defects that may have existed before the granter obtained the property. It is important to note that there may be different variations or types of the Connecticut Royalty Deed with Limited Warranty. Some possible variations include: 1. Mineral Royalty Deed: This type of deed specifically relates to the transfer of mineral rights, such as oil, gas, or mineral extraction rights. It ensures that only the mineral rights are being transferred without any claims or warranties regarding surface land ownership. 2. Oil Royalty Deed: This deed focuses exclusively on the transfer of oil rights. It assures the grantee that they will receive the benefits and royalties associated with the extraction and production of oil from the property. 3. Gas Royalty Deed: Similar to the oil royalty deed, this type of deed concentrates solely on the transfer of gas rights. It grants the grantee the privilege to collect royalties from the extraction and distribution of gas reserves. 4. Complete Limited Warranty Deed: While the Connecticut Royalty Deed with Limited Warranty provides limited protection, a complete limited warranty deed offers more extensive assurances to the grantee. It guarantees that the granter holds clear and marketable title to the property, with no undisclosed defects or encumbrances. In summary, the Connecticut Royalty Deed with Limited Warranty is a legal document used to transfer ownership of oil, gas, or mineral rights in Connecticut. It provides limited protection to the grantee, ensuring that the granter has not encumbered the property and has the legal authority to transfer the rights. Different variations of this deed may exist, including mineral, oil, and gas royalty deeds, as well as a more comprehensive complete limited warranty deed.

The Connecticut Royalty Deed with Limited Warranty is a legal document that transfers ownership of oil, gas, or mineral rights from one party to another in the state of Connecticut. This type of deed provides limited protection to the buyer or grantee, ensuring that the granter has not encumbered the property and has the legal right to transfer the ownership. This royalty deed serves as evidence of the transfer and provides limited warranties to the grantee. It guarantees that the granter has not subjected the property to any actions or claims that could diminish the value of the mineral rights being transferred. However, the limited warranty does not cover any potential defects that may have existed before the granter obtained the property. It is important to note that there may be different variations or types of the Connecticut Royalty Deed with Limited Warranty. Some possible variations include: 1. Mineral Royalty Deed: This type of deed specifically relates to the transfer of mineral rights, such as oil, gas, or mineral extraction rights. It ensures that only the mineral rights are being transferred without any claims or warranties regarding surface land ownership. 2. Oil Royalty Deed: This deed focuses exclusively on the transfer of oil rights. It assures the grantee that they will receive the benefits and royalties associated with the extraction and production of oil from the property. 3. Gas Royalty Deed: Similar to the oil royalty deed, this type of deed concentrates solely on the transfer of gas rights. It grants the grantee the privilege to collect royalties from the extraction and distribution of gas reserves. 4. Complete Limited Warranty Deed: While the Connecticut Royalty Deed with Limited Warranty provides limited protection, a complete limited warranty deed offers more extensive assurances to the grantee. It guarantees that the granter holds clear and marketable title to the property, with no undisclosed defects or encumbrances. In summary, the Connecticut Royalty Deed with Limited Warranty is a legal document used to transfer ownership of oil, gas, or mineral rights in Connecticut. It provides limited protection to the grantee, ensuring that the granter has not encumbered the property and has the legal authority to transfer the rights. Different variations of this deed may exist, including mineral, oil, and gas royalty deeds, as well as a more comprehensive complete limited warranty deed.