A Kansas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legal document used to transfer ownership of both the surface and mineral interests of a property, while reserving the rights to any coal deposits found within the property. This type of deed ensures that the buyer receives full ownership of both the surface and mineral rights, except for any coal reserves. In Kansas, there may be different variations of the Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, tailored to specific circumstances, such as: 1. Individual Property Sale: This type of deed is used when an individual sells their property, including both the surface and mineral rights, while retaining ownership of any coal deposits within the property. 2. Corporate Property Sale: When a corporation sells its property assets, including surface and mineral rights, while reserving all coal reserves, this type of warranty deed is used. 3. Trust Property Sale: In case a trust owns a property with both surface and mineral rights, and wishes to transfer ownership while reserving coal deposits, a specific warranty deed for trusts is employed. 4. Family Property Transfer: Often used for family-owned properties, this deed allows for the transfer of ownership to family members, while keeping the rights to coal reserves intact. 5. Partial Rights Transfer: This particular warranty deed variant is utilized when only a portion of the surface and mineral rights is being transferred. The seller reserves the rights to coal deposits within the remaining portion of the property. It is important to consult legal professionals experienced in Kansas property law while drafting and executing these deeds, as they involve complex property rights and reservations. By using a Kansas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, both parties can ensure a clear and legally binding transfer of ownership while protecting the coal reserves for the granter.
Kansas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal
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