Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-130
• Format: Word; Rich Text

Description

If an owner of a mineral or royalty interest, whose interest is subject to a mortgage/deed of trust, desires to sell or convey an interest, it is appropriate to obtain a release of that lien as to the interest conveyed. This form addresses that situation. Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is a legal document that releases a portion of the mortgage or deed of trust on a specific mineral or royalty interest that has been sold by the granter. This form allows for the partial release of the mortgage or deed of trust, which means that the granter retains ownership of some interests while selling others. In Ohio, there are various types of Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter, including: 1. Ohio Partial Release of Mortgage: This type of release specifically pertains to the mortgage on a mineral or royalty interest sold by the granter. It allows the granter to release a portion of the mortgage, indicating that the interest has been sold to another party. 2. Ohio Partial Release of Deed of Trust: Similar to the release of mortgage, this form focuses on the deed of trust associated with a mineral or royalty interest. It allows the granter to release a portion of the deed of trust, signifying that the interest has been sold to another party. 3. Ohio Partial Release of Mineral Interest: This type of release is specific to the mineral interest itself. It enables the granter to release a portion of their mineral interest, indicating that they have sold a portion to another party while retaining ownership of the rest. 4. Ohio Partial Release of Royalty Interest: This form pertains to the release of a royalty interest associated with a particular mineral. It allows the granter to release a portion of their royalty interest, signifying that they have sold part of it to another party. The Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is an important document when there is a partial sale of these interests. It ensures that the transaction is legally documented, protecting the rights and interests of both the granter and the purchaser. It is essential to consult with a qualified attorney or legal professional to draft and execute this document accurately, considering the specific details and requirements of the transaction.

Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is a legal document that releases a portion of the mortgage or deed of trust on a specific mineral or royalty interest that has been sold by the granter. This form allows for the partial release of the mortgage or deed of trust, which means that the granter retains ownership of some interests while selling others. In Ohio, there are various types of Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter, including: 1. Ohio Partial Release of Mortgage: This type of release specifically pertains to the mortgage on a mineral or royalty interest sold by the granter. It allows the granter to release a portion of the mortgage, indicating that the interest has been sold to another party. 2. Ohio Partial Release of Deed of Trust: Similar to the release of mortgage, this form focuses on the deed of trust associated with a mineral or royalty interest. It allows the granter to release a portion of the deed of trust, signifying that the interest has been sold to another party. 3. Ohio Partial Release of Mineral Interest: This type of release is specific to the mineral interest itself. It enables the granter to release a portion of their mineral interest, indicating that they have sold a portion to another party while retaining ownership of the rest. 4. Ohio Partial Release of Royalty Interest: This form pertains to the release of a royalty interest associated with a particular mineral. It allows the granter to release a portion of their royalty interest, signifying that they have sold part of it to another party. The Ohio Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Granter is an important document when there is a partial sale of these interests. It ensures that the transaction is legally documented, protecting the rights and interests of both the granter and the purchaser. It is essential to consult with a qualified attorney or legal professional to draft and execute this document accurately, considering the specific details and requirements of the transaction.