Oregon 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. Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in Oregon to transfer ownership of both surface and mineral rights, while reserving the rights to any coal deposits on the property. This type of deed provides protection and guarantees to the buyer (grantee) that the granter (seller) holds clear and marketable title to both surface and mineral rights, except coal deposits. In this particular case, the granter is transferring the ownership of the property, including the land and any associated mineral rights, to the grantee. However, the granter specifically reserves the rights to any coal deposits that may exist on the property. This means that even though the grantee will have full ownership and control over the surface and other mineral rights, they will not have the rights to extract or use any coal on the property without the granter's permission. The Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal serves as a legal protection for both parties involved in the transaction. It ensures that the grantee receives complete rights to the property, except for coal, while also reserving the granter's rights to any potential coal deposits. It's important to note that this type of warranty deed is specifically designed for properties in Oregon and focuses on the unique aspects of mineral rights and coal deposits. Other variations of warranty deeds may exist for different types of property transfers, such as Warranty Deed with Exceptions or Warranty Deed with Covenants Against Granter's Acts. Overall, the Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a specialized legal document that allows for the transfer of property ownership while addressing the specific aspect of coal deposits. It ensures clarity and protection for both parties involved in the real estate transaction.

Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in Oregon to transfer ownership of both surface and mineral rights, while reserving the rights to any coal deposits on the property. This type of deed provides protection and guarantees to the buyer (grantee) that the granter (seller) holds clear and marketable title to both surface and mineral rights, except coal deposits. In this particular case, the granter is transferring the ownership of the property, including the land and any associated mineral rights, to the grantee. However, the granter specifically reserves the rights to any coal deposits that may exist on the property. This means that even though the grantee will have full ownership and control over the surface and other mineral rights, they will not have the rights to extract or use any coal on the property without the granter's permission. The Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal serves as a legal protection for both parties involved in the transaction. It ensures that the grantee receives complete rights to the property, except for coal, while also reserving the granter's rights to any potential coal deposits. It's important to note that this type of warranty deed is specifically designed for properties in Oregon and focuses on the unique aspects of mineral rights and coal deposits. Other variations of warranty deeds may exist for different types of property transfers, such as Warranty Deed with Exceptions or Warranty Deed with Covenants Against Granter's Acts. Overall, the Oregon Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a specialized legal document that allows for the transfer of property ownership while addressing the specific aspect of coal deposits. It ensures clarity and protection for both parties involved in the real estate transaction.