Ohio Warranty Deed for Surface and Mineral Interests
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How to fill out Warranty Deed For Surface And Mineral Interests?
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FAQ
A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer). This is in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds perfect title to a piece of real estate.
Surface Rights in Ohio Surface rights are the rights that grant surface owners rights to the surface area of a property. This surface area includes any farm, garage or surrounding land in a property. Mineral Rights in Ohio - Lease, Buy or Sell in OH | Pheasantenergy pheasantenergy.com ? ohio-mineral-rights pheasantenergy.com ? ohio-mineral-rights
If you have non-producing mineral rights and do not receive a royalty check, the value is difficult to determine. You could expect anywhere from $750/acre to $3,000+/acre depending on your location in the county. If you are currently leased, that will also play a role in how much your mineral rights are worth. Value of Mineral Rights in Harrison County Ohio marcellusmineralowners.com ? value-of-mineral-r... marcellusmineralowners.com ? value-of-mineral-r...
General Warranty Deed Most common form of deed in Ohio. If there is just one buyer, title will, upon death, pass to such owner's heirs unless otherwise provided for by the owner's will.
An Ohio limited warranty deed form is a deed that conveys Ohio real estate with limited warranty of title. Warranty of title?which the Ohio statute calls covenants of warranty?is the current owner's guaranty to the new owner that the transferred real estate's title is free of undisclosed title defects. Ohio Limited Warranty Deed Form deedclaim.com ? ohio ? limited-warranty-de... deedclaim.com ? ohio ? limited-warranty-de...
In a Limited Warranty Deed, the seller guarantees that they have not caused any defects in title during their ownership, but they do not warrant against defects that may have existed before their ownership. Essentially, the seller is only responsible for title issues that occurred while they owned the property.
Deed not recognized in Ohio: Ohio does not recognize joint tenancy with right of survivorship?a common-law form of joint ownership under which a surviving co-owner automatically receives a deceased co-owner's interest.
You may have title to mineral rights on a property you own, or they may have been sold or leased by a prior owner, in which case they may not be yours to sell. Real estate law firms can research your chain of title to determine if the mineral rights transferred from owner to owner. Mineral Rights in Ohio | Littlejohn Law, LLC littlejohnlawllc.com ? library ? mineral-right... littlejohnlawllc.com ? library ? mineral-right...