New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Grantors

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-058
• Format: Word; Rich Text

Description

This is a warranty deed of all interests in surface and minerals from multiple grantors to a single grantee. A New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is a legal document that transfers both the surface and mineral rights of a property from multiple granters to a grantee. This type of warranty deed provides a guarantee to the grantee that the granters have full ownership and rights to convey the property. The New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is commonly used in situations where there are multiple owners or parties involved in the transfer of both the surface and mineral rights. It ensures that all parties are included in the transaction and protects the grantee from any future claims or disputes. This type of warranty deed includes various relevant keywords such as "surface rights," "mineral rights," "multiple granters," "granters' ownership," and "conveyance of property." In addition to the standard New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters, there are a few different types that may exist depending on specific circumstances: 1. Joint Tenancy With Right of Survivorship: This type of warranty deed allows multiple owners to have equal shares in the property, with the provision that if one owner passes away, their interest in the property automatically transfers to the surviving owners. 2. Tenants in Common: Unlike joint tenancy, tenants in common can have unequal shares in the property. Each tenant has the right to transfer or sell their share without the consent of the other tenants. 3. Community Property: This warranty deed is applicable when the property is acquired during a marriage or domestic partnership. The ownership of the property is split equally between the spouses, and in the event of a divorce or dissolution, each spouse is entitled to half of the property. Overall, a New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is a crucial legal document that ensures a seamless transfer of both surface and mineral rights. It provides protection and clarity for all parties involved and prevents potential disputes or claims in the future.

A New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is a legal document that transfers both the surface and mineral rights of a property from multiple granters to a grantee. This type of warranty deed provides a guarantee to the grantee that the granters have full ownership and rights to convey the property. The New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is commonly used in situations where there are multiple owners or parties involved in the transfer of both the surface and mineral rights. It ensures that all parties are included in the transaction and protects the grantee from any future claims or disputes. This type of warranty deed includes various relevant keywords such as "surface rights," "mineral rights," "multiple granters," "granters' ownership," and "conveyance of property." In addition to the standard New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters, there are a few different types that may exist depending on specific circumstances: 1. Joint Tenancy With Right of Survivorship: This type of warranty deed allows multiple owners to have equal shares in the property, with the provision that if one owner passes away, their interest in the property automatically transfers to the surviving owners. 2. Tenants in Common: Unlike joint tenancy, tenants in common can have unequal shares in the property. Each tenant has the right to transfer or sell their share without the consent of the other tenants. 3. Community Property: This warranty deed is applicable when the property is acquired during a marriage or domestic partnership. The ownership of the property is split equally between the spouses, and in the event of a divorce or dissolution, each spouse is entitled to half of the property. Overall, a New Mexico Warranty Deed for Surface and Mineral Interests with Multiple Granters is a crucial legal document that ensures a seamless transfer of both surface and mineral rights. It provides protection and clarity for all parties involved and prevents potential disputes or claims in the future.