North Dakota 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. A North Dakota 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 in North Dakota, while reserving ownership of any coal deposits found on the land. This type of deed ensures that the granter (seller) conveys a clear and marketable title to the grantee (buyer), guaranteeing that there are no undisclosed or disputed ownership claims on the property. In North Dakota, there are several variations of the Warranty Deed for Surface and Mineral Interests, each serving different purposes based on specific requirements or circumstances. Some notable types include: 1. General Warranty Deed for Surface and Mineral Interests with Reservation of All Coal: This type of deed guarantees the granter's ownership of both surface and mineral rights, while explicitly reserving all coal deposits on the land. It provides the highest level of protection to the grantee, as it warrants against any defects that may arise in the title. 2. Special Warranty Deed for Surface and Mineral Interests with Reservation of All Coal: Unlike the general warranty deed, a special warranty deed only provides limited warranties. The granter guarantees that no defects or encumbrances occurred during their ownership of the property, but does not warrant against undisclosed claims that may have existed prior to their ownership. 3. Quitclaim Deed for Surface and Mineral Interests with Reservation of All Coal: This type of deed does not provide any warranties or guarantees regarding the granter's ownership or the property's title. It simply transfers the granter's interest in the surface and mineral rights, with a reservation of all coal, if applicable. The grantee receives whatever interest the granter may have, but without any warranty of clear title. When executing a North Dakota Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, it is crucial to ensure that the deed is properly drafted, signed, and notarized, with accurate legal descriptions of the property and clear language regarding the reservation of all coal. It is advisable to consult an attorney or a real estate professional experienced in North Dakota property law to ensure compliance with all legal requirements. By preparing and executing the appropriate warranty deed, buyers and sellers in North Dakota can confidently transfer property interests, secure their rights, and protect against any future disputes or ownership claims.

A North Dakota 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 in North Dakota, while reserving ownership of any coal deposits found on the land. This type of deed ensures that the granter (seller) conveys a clear and marketable title to the grantee (buyer), guaranteeing that there are no undisclosed or disputed ownership claims on the property. In North Dakota, there are several variations of the Warranty Deed for Surface and Mineral Interests, each serving different purposes based on specific requirements or circumstances. Some notable types include: 1. General Warranty Deed for Surface and Mineral Interests with Reservation of All Coal: This type of deed guarantees the granter's ownership of both surface and mineral rights, while explicitly reserving all coal deposits on the land. It provides the highest level of protection to the grantee, as it warrants against any defects that may arise in the title. 2. Special Warranty Deed for Surface and Mineral Interests with Reservation of All Coal: Unlike the general warranty deed, a special warranty deed only provides limited warranties. The granter guarantees that no defects or encumbrances occurred during their ownership of the property, but does not warrant against undisclosed claims that may have existed prior to their ownership. 3. Quitclaim Deed for Surface and Mineral Interests with Reservation of All Coal: This type of deed does not provide any warranties or guarantees regarding the granter's ownership or the property's title. It simply transfers the granter's interest in the surface and mineral rights, with a reservation of all coal, if applicable. The grantee receives whatever interest the granter may have, but without any warranty of clear title. When executing a North Dakota Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, it is crucial to ensure that the deed is properly drafted, signed, and notarized, with accurate legal descriptions of the property and clear language regarding the reservation of all coal. It is advisable to consult an attorney or a real estate professional experienced in North Dakota property law to ensure compliance with all legal requirements. By preparing and executing the appropriate warranty deed, buyers and sellers in North Dakota can confidently transfer property interests, secure their rights, and protect against any future disputes or ownership claims.