Massachusetts Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-319
• Format: Word; Rich Text

Description

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 in and under the lands. The Massachusetts 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 rights of a property, with a specific reservation for coal. This type of deed is commonly used in Massachusetts when the seller wishes to retain ownership of the coal beneath the surface of a property while transferring the surface and other mineral rights to the buyer. In this deed, the seller, also known as the granter, guarantees that they hold clear and marketable title to the property and has the legal authority to transfer both surface and mineral rights. The deed includes a detailed description of the property being conveyed, including its boundaries, dimensions, and any pertinent identifying features. By using this specific type of warranty deed, the granter reserves the rights to all coal found or later discovered on the property. This means that the granter will retain ownership and control over any coal mining or extraction activities on the property, even after the sale. The granter may choose to lease the coal rights to mining companies or explore and extract the coal themselves at a later date. It is important to note that there may be variations or different types of Massachusetts Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, depending on the specific terms and conditions agreed upon by the parties involved. Some variations may include additional clauses or provisions to address specific concerns or requirements of the buyer and seller, such as rights to access the property for mining activities or restrictions on the granter's right to mine or explore for coal. In summary, the Massachusetts 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 rights of a property, while reserving the rights to all coal for the granter. This type of deed ensures that the buyer acquires the surface and other mineral rights while allowing the granter to retain control over any potential coal mining or extraction activities.

The Massachusetts 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 rights of a property, with a specific reservation for coal. This type of deed is commonly used in Massachusetts when the seller wishes to retain ownership of the coal beneath the surface of a property while transferring the surface and other mineral rights to the buyer. In this deed, the seller, also known as the granter, guarantees that they hold clear and marketable title to the property and has the legal authority to transfer both surface and mineral rights. The deed includes a detailed description of the property being conveyed, including its boundaries, dimensions, and any pertinent identifying features. By using this specific type of warranty deed, the granter reserves the rights to all coal found or later discovered on the property. This means that the granter will retain ownership and control over any coal mining or extraction activities on the property, even after the sale. The granter may choose to lease the coal rights to mining companies or explore and extract the coal themselves at a later date. It is important to note that there may be variations or different types of Massachusetts Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, depending on the specific terms and conditions agreed upon by the parties involved. Some variations may include additional clauses or provisions to address specific concerns or requirements of the buyer and seller, such as rights to access the property for mining activities or restrictions on the granter's right to mine or explore for coal. In summary, the Massachusetts 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 rights of a property, while reserving the rights to all coal for the granter. This type of deed ensures that the buyer acquires the surface and other mineral rights while allowing the granter to retain control over any potential coal mining or extraction activities.