A District of Columbia Royalty Deed with Limited Warranty is a legal document used in real estate transactions in the District of Columbia that establishes the transfer of ownership rights to royalties and other mineral rights between parties. This type of deed provides limited warranties to the grantee, ensuring that the granter is the rightful owner of the royalties but does not guarantee any further protection beyond that. Keywords: District of Columbia, Royalty Deed, Limited Warranty, real estate transactions, transfer of ownership rights, mineral rights, royalties, grantee, granter, legal document. Different types of District of Columbia Royalty Deeds with Limited Warranty may include: 1. Standard District of Columbia Royalty Deed with Limited Warranty: This is the most common type of royalty deed used in real estate transactions in the District of Columbia. It transfers ownership rights to royalties and mineral rights with limited warranties provided to the grantee. 2. District of Columbia Royalty Deed with Limited Warranty and Conditions: This type of royalty deed may include additional conditions or requirements that the grantee must meet in order to maintain ownership rights to the royalties and mineral rights. These conditions could relate to exploration, production, or other specific terms set forth by the granter. 3. District of Columbia Royalty Deed with Limited Warranty and Covenants: In this variation of the royalty deed, the granter may include specific covenants or agreements that the parties must abide by regarding the use or development of the royalties and mineral rights. These covenants could restrict certain activities or may require the grantee to make specific improvements or investments in the property. 4. District of Columbia Royalty Deed with Limited Warranty and Surface Rights: This type of royalty deed not only transfers ownership rights to royalties and mineral rights but also includes limited warranties regarding the corresponding surface rights. These surface rights may involve access, use, or development of the land above the mineral rights. It is important to consult with a qualified attorney or real estate professional to ensure that the specific District of Columbia Royalty Deed with Limited Warranty being utilized is appropriate for the transaction at hand and meets all legal requirements in the District of Columbia.
District of Columbia Royalty Deed with Limited Warranty
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