Hawaii Royalty Deed with Limited Warranty is a legal document that allows the transfer of ownership rights to certain lands in Hawaii, particularly those associated with mineral or royalty interests. This type of deed assures the buyer that the granter (seller) has the legal right to convey the property and guarantees protection against any claims made by the granter or anyone else asserting superior rights to the property. The Limited Warranty aspect of the deed signifies that the granter is providing a limited guarantee of title, assuring the buyer that the property is free from any encumbrances or defects that arose during the granter's ownership. However, this guarantee only covers the period when the granter owned the property and may not extend further back into the property's history. There are various types of Hawaii Royalty Deed with Limited Warranty that cater to different circumstances and requirements. Some of these include: 1. Individual Hawaii Royalty Deed with Limited Warranty: This is the most common form of the deed, involving a transfer of mineral or royalty interests from an individual granter to an individual buyer. It ensures the buyer's ownership rights and protects against certain claims. 2. Corporate Hawaii Royalty Deed with Limited Warranty: This type of deed is used when the property is owned by a corporation or a business entity. It safeguards the buyer's interests in acquiring mineral or royalty rights from such entities. 3. Family Hawaii Royalty Deed with Limited Warranty: This deed is often utilized when transferring mineral or royalty interests within a family, such as from parents to children or among siblings. It ensures a smooth and legally protected transfer of ownership. 4. Trust Hawaii Royalty Deed with Limited Warranty: In situations where the property is held in a trust, this deed facilitates the transfer of mineral or royalty interests and protects the interests of both the trust and the buyer. It is crucial to consult with an attorney or a qualified real estate professional when dealing with a Hawaii Royalty Deed with Limited Warranty. They can provide guidance and ensure that the transfer of ownership rights is executed correctly while minimizing any potential legal risks or disputes.