Pennsylvania 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. A Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral rights of a property in Pennsylvania, while specifically reserving the rights to any coal beneath the surface. This type of deed ensures that the granter — the current propertonene— - is warranting that they have full legal ownership and the right to transfer the surface and mineral rights to the grantee — the recipient of the property. Additionally, it establishes that the granter intends to retain the rights to any coal resources that may exist underneath the property. By utilizing this specific type of deed, the granter can convey the surface and mineral rights to the grantee while maintaining ownership of the coal beneath the surface. This allows the granter to potentially capitalize on mining or mineral extraction opportunities in the future. It is important to note that there are various types of Pennsylvania Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, each catering to different scenarios and requirements: 1. General Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This is the standard type of deed used in most real estate transactions, providing a comprehensive transfer of both surface and mineral rights, with the reservation of the coal resources. 2. Pennsylvania Limited Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed includes a limited warranty, whereby the granter only warrants against any claims made during their ownership of the property, excluding any prior claims or defects. The surface and mineral rights, along with the coal reservation, are still conveyed. 3. Pennsylvania Special Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This variant of the warranty deed only warrants against claims arising during the granter's ownership, similar to the limited warranty deed. However, the special warranty deed typically excludes any claims arising from actions taken by previous property owners. 4. Pennsylvania Quitclaim Deed for Surface and Mineral Interests, With Reservation of All Coal: Unlike the warranty deeds, a quitclaim deed offers no warranties or guarantees regarding title ownership. It simply transfers the granter's ownership interest in the surface and mineral rights, with the coal reservation. In summary, a Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used to transfer ownership of both the surface and mineral rights, while reserving the rights to the coal resources. Depending on the circumstances, different types of warranty deeds may be employed, including the general, limited, special, or quitclaim deed.

A Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral rights of a property in Pennsylvania, while specifically reserving the rights to any coal beneath the surface. This type of deed ensures that the granter — the current propertonene— - is warranting that they have full legal ownership and the right to transfer the surface and mineral rights to the grantee — the recipient of the property. Additionally, it establishes that the granter intends to retain the rights to any coal resources that may exist underneath the property. By utilizing this specific type of deed, the granter can convey the surface and mineral rights to the grantee while maintaining ownership of the coal beneath the surface. This allows the granter to potentially capitalize on mining or mineral extraction opportunities in the future. It is important to note that there are various types of Pennsylvania Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, each catering to different scenarios and requirements: 1. General Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This is the standard type of deed used in most real estate transactions, providing a comprehensive transfer of both surface and mineral rights, with the reservation of the coal resources. 2. Pennsylvania Limited Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed includes a limited warranty, whereby the granter only warrants against any claims made during their ownership of the property, excluding any prior claims or defects. The surface and mineral rights, along with the coal reservation, are still conveyed. 3. Pennsylvania Special Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This variant of the warranty deed only warrants against claims arising during the granter's ownership, similar to the limited warranty deed. However, the special warranty deed typically excludes any claims arising from actions taken by previous property owners. 4. Pennsylvania Quitclaim Deed for Surface and Mineral Interests, With Reservation of All Coal: Unlike the warranty deeds, a quitclaim deed offers no warranties or guarantees regarding title ownership. It simply transfers the granter's ownership interest in the surface and mineral rights, with the coal reservation. In summary, a Pennsylvania Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used to transfer ownership of both the surface and mineral rights, while reserving the rights to the coal resources. Depending on the circumstances, different types of warranty deeds may be employed, including the general, limited, special, or quitclaim deed.