District of Columbia Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal
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How to fill out Warranty Deed For Surface And Mineral Interests, With Reservation Of All Coal?
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FAQ
Hear this out loud PauseWhat are Outstanding and Reserved mineral rights? Outstanding mineral rights are owned by a party other than the surface owner at the time the surface was conveyed to the United States. Reserved mineral rights are those rights held by the surface owner at the time the surface was conveyed to the United States.
Hear this out loud PauseA general warranty deed is the gold standard of property transfers. This type of deed is overwhelmingly used in residential purchases. Most lenders require a warranty deed for properties they finance. It offers buyers the greatest possible protection from future claims against the title.
Hear this out loud PauseA warranty deed absolutely guarantees a good, clear title, but a grant deed guarantees only that the transferor has done nothing to harm the property's title.
Hear this out loud PauseGranting Clause: The clause in the deed that lists the grantor and the grantee and states that the property is being transferred between the parties.
How to fill out warranty deed texas: Begin by obtaining the correct form for a warranty deed in Texas. ... Fill in the necessary information on the form, including the names and addresses of both the grantor (current owner) and the grantee (new owner). Provide a detailed legal description of the property being transferred.
Hear this out loud PauseIn summary, the guarantee offered by a general warranty deed but not a special warranty deed is the seller's defense against all claims against the property's title, regardless of whether these claims arose before or during the seller's ownership period.
Hear this out loud PauseA special warranty deed is a deed to real estate where the seller of the property?known as the grantor?warrants only against anything that occurred during their physical ownership. In other words, the grantor doesn't guarantee against any defects in clear title that existed before they took possession of the property.
Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.