Massachusetts Granting Clause

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-498
• Format: Word; Rich Text

Description

The Granting Clause form, the the receipt and sufficiency of which is acknowledged, assignor grants, assigns, and conveys, without warranty of title, either express, implied or statutory, to assignee. Massachusetts Granting Clause is a legal term used to describe a fundamental provision in a deed or a conveyance document in Massachusetts. It reflects the intention of the granter to transfer the ownership and possession of a property to the grantee. This clause is essential for establishing a valid and enforceable real estate transaction in the state. The Massachusetts Granting Clause typically includes specific language that outlines the granter's intention to transfer the property rights. Common keywords and phrases found in this clause may include "convey and warrant," "grant, sell, and convey," or "bargain, sell, and convey." These terms signify the granter's commitment to transferring the property with a clear title, free from encumbrances, to the grantee. In Massachusetts, there are different variations of the Granting Clause, tailored to serve different purposes and interests. Some notable types of Granting Clauses in Massachusetts include: 1. General Warranty Deed Clause: This clause offers the highest level of protection to the grantee as it guarantees clear title and encumbrance-free ownership. The granter warrants that the property is free from any defects in title, even if they originated before the granter's ownership. 2. Special Warranty Deed Clause: This clause provides a limited warranty to the grantee, and it only warrants against defects in title that occurred during the granter's ownership. It does not cover any potential defects that existed before the granter's ownership. 3. Quitclaim Deed Clause: This type of Granting Clause offers the least amount of protection to the grantee. It conveys the granter's interest in the property as-is, without providing any warranties or assurances regarding the title. It is commonly used in situations where the granter may not have a clear or full ownership interest, such as in cases of divorce or transferring property between family members. Furthermore, it is crucial for both granters and grantees in Massachusetts to understand the type of Granting Clause used in their deed to ensure they fully comprehend the extent of the title guarantees and protections provided. Consulting with a licensed real estate attorney is highly recommended navigating the complexities of Massachusetts real estate transactions and accurately interpret the Granting Clause in a deed.

Massachusetts Granting Clause is a legal term used to describe a fundamental provision in a deed or a conveyance document in Massachusetts. It reflects the intention of the granter to transfer the ownership and possession of a property to the grantee. This clause is essential for establishing a valid and enforceable real estate transaction in the state. The Massachusetts Granting Clause typically includes specific language that outlines the granter's intention to transfer the property rights. Common keywords and phrases found in this clause may include "convey and warrant," "grant, sell, and convey," or "bargain, sell, and convey." These terms signify the granter's commitment to transferring the property with a clear title, free from encumbrances, to the grantee. In Massachusetts, there are different variations of the Granting Clause, tailored to serve different purposes and interests. Some notable types of Granting Clauses in Massachusetts include: 1. General Warranty Deed Clause: This clause offers the highest level of protection to the grantee as it guarantees clear title and encumbrance-free ownership. The granter warrants that the property is free from any defects in title, even if they originated before the granter's ownership. 2. Special Warranty Deed Clause: This clause provides a limited warranty to the grantee, and it only warrants against defects in title that occurred during the granter's ownership. It does not cover any potential defects that existed before the granter's ownership. 3. Quitclaim Deed Clause: This type of Granting Clause offers the least amount of protection to the grantee. It conveys the granter's interest in the property as-is, without providing any warranties or assurances regarding the title. It is commonly used in situations where the granter may not have a clear or full ownership interest, such as in cases of divorce or transferring property between family members. Furthermore, it is crucial for both granters and grantees in Massachusetts to understand the type of Granting Clause used in their deed to ensure they fully comprehend the extent of the title guarantees and protections provided. Consulting with a licensed real estate attorney is highly recommended navigating the complexities of Massachusetts real estate transactions and accurately interpret the Granting Clause in a deed.