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Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Grantors

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Multi-State
Control #:
US-OG-058
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Word; 
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This is a warranty deed of all interests in surface and minerals from multiple grantors to a single grantee.

A Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Granters refers to a legal document utilized in the state of Louisiana to transfer both surface rights and mineral interests from multiple granters to a grantee. This type of deed ensures that the grantee receives a warranty of title, guaranteeing that the granters hold clear and marketable title to both the surface and mineral rights being conveyed. The purpose of the Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Granters is to establish a legal record of the transfer, protecting the rights and interests of all parties involved. The document includes detailed information about the granters, the grantee, and the property being transferred. In Louisiana, there are a few different types of Warranty Deeds for Surface and Mineral Interests with Multiple Granters, which may have slight variations depending on the specific circumstances of the transfer: 1. General Warranty Deed for Surface and Mineral Interests with Multiple Granters: This type of deed provides the broadest form of protection to the grantee, as the granters guarantee clear and marketable title to both the surface and mineral interests. 2. Special Warranty Deed for Surface and Mineral Interests with Multiple Granters: In this case, the granters only warrant and defend the title against any claims or encumbrances that arose during their ownership of the property, but not for any previous claims or encumbrances. 3. Quitclaim Deed for Surface and Mineral Interests with Multiple Granters: This type of deed transfers the granters' interests in the property without any warranties or guarantees. It is often used when there is uncertainty or potential issues with the title. When drafting a Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Granters, it is essential to include specific details such as the legal description of the property, identification of the granters and grantee, the purchase price or consideration, any exceptions or reservations, and the signatures of all parties involved. Obtaining a properly executed and recorded Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Granters is crucial for both buyers and sellers to ensure a smooth and lawful transfer of property rights. It is advisable to seek guidance from a real estate attorney or an experienced professional to ensure compliance with Louisiana laws and regulations when dealing with such complex transactions.

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FAQ

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

Transfers fall under Articles 11 and 22, Louisiana Mineral Code. To transfer such rights, the new owner has to acquire a copy of the deed for the site at a local courthouse in Louisiana in the same county as the property.

The general warranty deed is the most common and preferred type of instrument used to transfer real estate titles in the United States.

When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

General warranty deeds: A general warranty deed provides the most protection to the buyer but gives the grantor the highest degree of liability. The grantor of a general warranty deed fully warrants good, clear title to the property. This type of deed is used in most real estate deed transfers.

A special warranty deed is a deed to real estate where the seller of the property?known as the grantor?warrants only against anything that occurred during their physical ownership. In other words, the grantor doesn't guarantee against any defects in clear title that existed before they took possession of the property.

A Warranty Deed is the strongest deed and warrants to the Grantee: That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and. The estate is free from encumbrances.

A warranty deed holds the seller, or grantor, responsible for any breach after the title search, even if the breach occurred without their knowledge or during a period before the grantor owned the property.

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This is a warranty deed of all interests in surface and minerals from multiple grantors to a single grantee. Free preview. Form preview. Related ... Upload a document. Click on New Document and choose the file importing option: add Warranty Deed for Surface and Mineral Interests with Multiple Grantors from ...This form is used by the grantor to convey, sell and assign to the grantee, all of the surface estate including the oil, gas, and mineral interest located ... adopted by the supreme court, the grantor was estopped by his warranty from claiming the 1/2 mineral interest he purported to convey, thus vesting the reserved. Step 1: On the following webpage, hit the orange "Get form now" button. Step 2: Once you've entered the editing page transfer of mineral rights form, you ... Warranty Deed (Surface and Mineral Interest, Multiple Grantors). Deeds ... Stipulation of Ownership of Mineral Interest (In Specific Lands) · Term Mineral Deed ... This publication is designed to help identify the prevailing guidelines that surround the disposition of the subject matter covered. It is, however, not. by CJ Meyers · 1957 · Cited by 16 — A fecund source of confusion and litigation is found in mineral conveyances made by owners of less than 100% of the minerals in a tract of land. Oct 2, 2018 — The mineral servitude is the vehicle by which the right to explore for and reduce minerals to possession is separated from the ownership of the ... Download our warranty deed form to transfer a piece of real property (e.g., land, home, or building) to a new owner.

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Louisiana Warranty Deed for Surface and Mineral Interests with Multiple Grantors