Pennsylvania Warranty Deed for Surface and Mineral Interests

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Multi-State
Control #:
US-OG-532
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Word; 
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Description

This is a form of a Warranty Deed that includes both Surface and Mineral Interests.
A Pennsylvania Warranty Deed for Surface and Mineral Interests is a legal document used to transfer ownership of both the surface and mineral rights of a property in Pennsylvania. This type of deed provides a guarantee or warranty from the seller to the buyer that they have clear and marketable title to both the surface rights and the mineral rights of the property at the time of the conveyance. Keywords: Pennsylvania, Warranty Deed, Surface, Mineral Interests, ownership, transfer, guarantee, warranty, seller, buyer, clear title, marketable title, conveyance. There are two main types of Pennsylvania Warranty Deeds for Surface and Mineral Interests: 1. General Warranty Deed: A General Warranty Deed provides the broadest form of protection for the buyer. It guarantees that the seller has good and marketable title to the property, free from any defects or encumbrances, both on the surface and in regard to mineral rights. The seller is responsible for defending the title against any claims or challenges. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, differs from a General Warranty Deed in terms of the extent of the warranty. While it still provides some level of protection, it only guarantees that the seller has not created any defects or encumbrances on the title during their ownership. This means that the seller is only responsible for defending against claims or challenges that arose during their ownership, not any defects or encumbrances that existed before. When engaging in real estate transactions in Pennsylvania, it is important to carefully consider the type of warranty deed being used, as it can have significant implications for the buyer's rights and protections. It is advisable to consult with a qualified real estate attorney to ensure a thorough understanding of the terms and implications associated with the specific type of Pennsylvania Warranty Deed for Surface and Mineral Interests being utilized.

A Pennsylvania Warranty Deed for Surface and Mineral Interests is a legal document used to transfer ownership of both the surface and mineral rights of a property in Pennsylvania. This type of deed provides a guarantee or warranty from the seller to the buyer that they have clear and marketable title to both the surface rights and the mineral rights of the property at the time of the conveyance. Keywords: Pennsylvania, Warranty Deed, Surface, Mineral Interests, ownership, transfer, guarantee, warranty, seller, buyer, clear title, marketable title, conveyance. There are two main types of Pennsylvania Warranty Deeds for Surface and Mineral Interests: 1. General Warranty Deed: A General Warranty Deed provides the broadest form of protection for the buyer. It guarantees that the seller has good and marketable title to the property, free from any defects or encumbrances, both on the surface and in regard to mineral rights. The seller is responsible for defending the title against any claims or challenges. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, differs from a General Warranty Deed in terms of the extent of the warranty. While it still provides some level of protection, it only guarantees that the seller has not created any defects or encumbrances on the title during their ownership. This means that the seller is only responsible for defending against claims or challenges that arose during their ownership, not any defects or encumbrances that existed before. When engaging in real estate transactions in Pennsylvania, it is important to carefully consider the type of warranty deed being used, as it can have significant implications for the buyer's rights and protections. It is advisable to consult with a qualified real estate attorney to ensure a thorough understanding of the terms and implications associated with the specific type of Pennsylvania Warranty Deed for Surface and Mineral Interests being utilized.

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FAQ

A Pennsylvania general warranty deed is a secure deed used to convey title and a seller's (grantor's) interests in a property to a buyer (grantee). The deed serves as a warranty from the seller that the title is clean. Once completed and properly executed, the deed must be filed with the Register of Deeds.

Mineral rights can be sold in any Pennsylvania county for anything from $500/acre to $5,000+/acre. Isn't that a pretty wide range? The reason for such a range is because the ranges depend on where you are located in Pennsylvania. The cost of your property is heavily influenced by where you are located.

The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.

What Is A Special Warranty Deed? A special warranty deed, also known as a limited warranty deed, is used when the seller of a property (grantor) only guarantees that the property incurred no outstanding claims or liens during their physical ownership.

The special warranty deed does not offer as much protection to the buyer as the general warranty deed. The grantor in a special warranty deed warrants or guarantees the title against defects arising after the grantor acquired the property and not against defects arising before that time.

Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.

Pennsylvania allows property owners to separate the surface rights and the subsurface rights, which are oil, gas or mineral rights. When nothing is done, the property owner owns everything, surface and subsurface rights. The property owner may choose to sell or lease these subsurface rights.

While the General Warranty deed is the most general, the Special Warranty deed is the most common type of property deed in Pennsylvania.

More info

Log in to your account and pay the service with a credit card or PayPal. Download the Philadelphia Warranty Deed for Surface and Mineral Interests in the file ... 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 ...May 1, 2023 — Pennsylvania has a mandatory notice that a deed that conveys the surface of land must include if there has been a severance of the surface ... Feb 8, 2023 — Click around your property to identify active wells, access production and permitting information, etc. Step 2: Analyzing the Deed Language and ... Apr 21, 2022 — The “First Clause”: The conveyance was “subject to” the mineral interests “as fully as said minerals and mineral rights were excepted and ... Jul 25, 2016 — The lease contained a warranty covenant that the Sheddens have “full title to the premises and to all the oil and gas therein at the time of ... A copy of the deed for the site must be obtained from a local courthouse in Pennsylvania by the new owner. Verify that the deed matches the description and that ... Follow the instructions below to fill out Warranty Deed for Surface and Mineral Interests online easily and quickly: Sign in to your account. Log in with ... Warranty Deed (Surface and Mineral Interest, Multiple Grantors). Deeds ... Quit Claim Deed (Mineral - Royalty Interest). Deeds - Royalty. Commingling and ... General Warranty – Guarantees ownership to the grantee and verifies that there are no defects with any transfer between past owners. Download: PDF, MS Word, ...

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Pennsylvania Warranty Deed for Surface and Mineral Interests