A Kansas Mineral Deed with Limited Warranty is a legal document used in the state of Kansas to transfer ownership rights of mineral interests from one party to another. This type of deed provides the buyer with a limited warranty, meaning that the seller guarantees they have not encumbered the property, except for any limitations specified in the deed. The limited warranty also assures that the seller has the right to sell the minerals. Keywords: Kansas Mineral Deed, Limited Warranty, transfer ownership, mineral interests, legal document, encumbered, limitations, seller, buyer, rights. There are a few different types of Kansas Mineral Deeds with Limited Warranty, classified based on specific conditions or elements. Some examples include: 1. Absolute Mineral Deed with Limited Warranty: This type of deed conveys the mineral interests to the buyer without any conditions or limitations, except for those explicitly mentioned in the document. 2. Non-production Mineral Deed with Limited Warranty: This deed transfers ownership of the minerals, but the seller discloses that there is currently no production or income generated from the minerals. 3. Conditional Mineral Deed with Limited Warranty: This type of deed involves certain conditions that must be met before the buyer gains full ownership of the minerals. These conditions are stated in the deed and are typically related to specific events or circumstances. 4. Royalty Interest Mineral Deed with Limited Warranty: In this case, the seller conveys only the royalty interest of the minerals rather than the actual ownership. This means that the buyer will receive a portion of the income generated from any production on the property. 5. Fractional Mineral Deed with Limited Warranty: This type of deed represents the transfer of a fraction or percentage ownership of the minerals. It allows multiple individuals or entities to share ownership of the mineral interests in specific proportions. Keywords: Absolute Mineral Deed, Non-production Mineral Deed, Conditional Mineral Deed, Royalty Interest Mineral Deed, Fractional Mineral Deed, limited warranty, transfer ownership, conditions, limitations, mineral interests. It is crucial to consult with legal professionals specializing in real estate and mineral rights to ensure that the Kansas Mineral Deed with Limited Warranty meets all the necessary legal requirements and adequately protects the interests of both the buyer and the seller.
Kansas Mineral Deed with Limited Warranty
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