Hawaii Term Royalty Deed
Description
How to fill out Term Royalty Deed?
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FAQ
A Hawaii general warranty deed form transfers real estate with complete warranty of title. The current owner guarantees that the new owner will receive a good, clear title. The guarantee covers the property's entire chain of title.
The deed or assignment of lease must be signed (in black ink) by the current owner and the new owner before a notary public. The deed or assignment of lease must be recorded in the State of Hawaii Bureau of Conveyances or Land Court. A Conveyance Tax Certificate must be filed and any tax due must be paid.
Signing Requirements: Hawaii Revised Statutes § 502-41: The grantor must sign in the presence of a notary public. Recording Requirements: Hawaii Revised Statutes § 502-31: All quitclaim deeds are filed with the Hawaii Land Court or the Bureau of Conveyances.
The deed or assignment of lease must be signed (in black ink) by the current owner and the new owner before a notary public. The deed or assignment of lease must be recorded in the State of Hawaii Bureau of Conveyances or Land Court. A Conveyance Tax Certificate must be filed and any tax due must be paid.
A royalty deed gives its holder the right to receive a percentage of the profits from the sale of the minerals, if and when they are actually produced. This kind of legal document does not convey all of the mineral rights to the holder, only the right to receive royalties.
Hawaii is a lien theory state and uses mortgages instead of deeds of trust.
Yes. The Hawaii Uniform Real Property Transfer on Death Act allows a single TOD deed to be signed by joint owners. The law sees a property owner who owns property with another owner with right of survivorship as a joint owner.
Q Get a copy of my deed? You can search for a deed at the Bureau of Conveyances (BOC) official public records search site. For additional questions, please contact the BOC at (808) 587-0154.
