Hawaii Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-130
• Format: Word; Rich Text

Description

If an owner of a mineral or royalty interest, whose interest is subject to a mortgage/deed of trust, desires to sell or convey an interest, it is appropriate to obtain a release of that lien as to the interest conveyed. This form addresses that situation. A Hawaii Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that pertains to the transfer of a partial interest in a mineral or royalty interest in the granter. This release is executed to establish the release of the portion of the property interest that has been sold or transferred, allowing the grantee to possess the specified interest. A Partial Release of Mortgage/Deed of Trust is typically used when the granter wants to sell or transfer a fraction of their ownership in the property instead of the entire interest. It often occurs in situations where the granter wants to retain a portion of their minerals/royalty interests while selling the remaining portion. In Hawaii, several types of Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter exist depending on the specific terms and conditions of the transfer. These variations are distinguished by the nature of the interest sold, the terms of the release, and may include: 1. Partial Release of Mortgage/Deed of Trust on a Fractional Mineral Interest: This type of release involves the granter selling a specific fraction or percentage interest in the mineral rights of a property. The release document will outline the fraction sold, the remaining interest retained, and any conditions or restrictions. 2. Partial Release of Mortgage/Deed of Trust on a Fractional Royalty Interest: This release type focuses on the granter selling a portion or percentage of the royalty interest tied to the property. It specifies the fraction sold, the retained interest, and any other specific conditions pertaining to the transfer. 3. Partial Release of Mortgage/Deed of Trust on a Specific Mineral Interest: This release type pertains to the granter selling a specific designated mineral interest on the property. It details the specific interest sold, provides a legal description, and may include terms and conditions related to payment or future rights. 4. Partial Release of Mortgage/Deed of Trust on a Specific Royalty Interest: This release addresses the granter's sale of a particular royalty interest tied to the property. It outlines the exact interest sold, includes a legal description, and may establish any applicable terms such as payment arrangements or rights retained by the granter. These are just a few examples of the types of Hawaii Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter. Each release document will vary based on the specific circumstances of the sale or transfer and the terms agreed upon by the granter and grantee.

A Hawaii Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that pertains to the transfer of a partial interest in a mineral or royalty interest in the granter. This release is executed to establish the release of the portion of the property interest that has been sold or transferred, allowing the grantee to possess the specified interest. A Partial Release of Mortgage/Deed of Trust is typically used when the granter wants to sell or transfer a fraction of their ownership in the property instead of the entire interest. It often occurs in situations where the granter wants to retain a portion of their minerals/royalty interests while selling the remaining portion. In Hawaii, several types of Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter exist depending on the specific terms and conditions of the transfer. These variations are distinguished by the nature of the interest sold, the terms of the release, and may include: 1. Partial Release of Mortgage/Deed of Trust on a Fractional Mineral Interest: This type of release involves the granter selling a specific fraction or percentage interest in the mineral rights of a property. The release document will outline the fraction sold, the remaining interest retained, and any conditions or restrictions. 2. Partial Release of Mortgage/Deed of Trust on a Fractional Royalty Interest: This release type focuses on the granter selling a portion or percentage of the royalty interest tied to the property. It specifies the fraction sold, the retained interest, and any other specific conditions pertaining to the transfer. 3. Partial Release of Mortgage/Deed of Trust on a Specific Mineral Interest: This release type pertains to the granter selling a specific designated mineral interest on the property. It details the specific interest sold, provides a legal description, and may include terms and conditions related to payment or future rights. 4. Partial Release of Mortgage/Deed of Trust on a Specific Royalty Interest: This release addresses the granter's sale of a particular royalty interest tied to the property. It outlines the exact interest sold, includes a legal description, and may establish any applicable terms such as payment arrangements or rights retained by the granter. These are just a few examples of the types of Hawaii Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter. Each release document will vary based on the specific circumstances of the sale or transfer and the terms agreed upon by the granter and grantee.