A New Jersey Warranty Deed for Surface and Mineral Interests with Multiple Granters is a legal document used to transfer ownership rights of both surface and mineral interests in a property from multiple granters to a grantee. This type of deed provides a guarantee to the grantee that the property title is free from any defects or claims, and the granters have the legal authority to convey the interests. In New Jersey, there are two main types of Warranty Deeds for Surface and Mineral Interests with Multiple Granters: 1. General Warranty Deed: This type of deed offers the most comprehensive level of protection for the grantee. It contains the full warranty of title, which means that the granters are responsible for defending against any claims made by previous owners or third parties that may arise in the future. 2. Special Warranty Deed: Unlike the general warranty deed, the special warranty deed provides a limited warranty to the grantee. It guarantees that the granters only warrant and defend the title against claims that occurred during their ownership of the property, not prior to it. When drafting a New Jersey Warranty Deed for Surface and Mineral Interests with Multiple Granters, several key elements should be included: 1. Names and Addresses: The full legal name and address of each granter and the grantee should be clearly stated. 2. Property Description: The deed must contain an accurate and detailed description of the property being transferred, including the boundaries, size, and any pertinent identifying information such as lot numbers or street addresses. 3. Surface and Mineral Interests: The deed should explicitly state that both surface and mineral interests are being transferred from the granters to the grantee. 4. Consideration: This section outlines the amount of money or any other value exchanged between the granters and the grantee as part of the transfer. 5. Granting Clause: This clause confirms that the granters are conveying their interests to the grantee and legally binds them to the agreed terms. 6. Addendum Clause: This clause defines the extent of the grantee's ownership rights in the property and any limitations or conditions attached to it. 7. Covenants: The deed may include specific covenants, such as the covenant of basin (granters possess legal ownership) and the covenant of quiet enjoyment (no prior claims or third-party interference). 8. Signatures and Notarization: All granters must sign the deed in the presence of a notary public and have their signatures notarized to ensure its validity. It is vital to consult with a qualified attorney or a real estate professional with expertise in New Jersey laws and regulations to ensure the accuracy and legality of the New Jersey Warranty Deed for Surface and Mineral Interests with Multiple Granters.