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.
Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a crucial legal document used in real estate transactions involving the transfer of both surface and mineral rights, with a specific reservation for coal rights. This type of deed protects the interests of both buyers and sellers by guaranteeing a clear and marketable title for the property. Keywords: Rhode Island, warranty deed, surface, mineral interests, reservation of all coal, real estate transactions, transfer, guarantee, clear title, marketable title. Different types of Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may include: 1. Standard Warranty Deed: This type of deed ensures that the property seller guarantees to the buyer that they hold a valid and full ownership interest in the property, free from any claims or encumbrances. It also guarantees the buyer's right to enjoy and use the property without interference. 2. Special Warranty Deed: This type of deed provides a lesser guarantee compared to the Standard Warranty Deed. The seller guarantees that they have not personally done anything to jeopardize the buyer's title to the property during their ownership. However, they do not warrant against any issues that may have occurred before they acquired the property. 3. Quitclaim Deed: This is a deed commonly used when transferring property between family members, spouses, or in situations where the transferor does not want to make any guarantees about the property's title. In this case, the transferor simply conveys whatever interest they have, if any, without any warranties. It is essential to consult with a qualified real estate attorney to determine the most appropriate type of Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal based on the specific circumstances of the transaction. This will ensure that the parties involved are protected and their interests are accurately reflected in the legal document.
Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a crucial legal document used in real estate transactions involving the transfer of both surface and mineral rights, with a specific reservation for coal rights. This type of deed protects the interests of both buyers and sellers by guaranteeing a clear and marketable title for the property. Keywords: Rhode Island, warranty deed, surface, mineral interests, reservation of all coal, real estate transactions, transfer, guarantee, clear title, marketable title. Different types of Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may include: 1. Standard Warranty Deed: This type of deed ensures that the property seller guarantees to the buyer that they hold a valid and full ownership interest in the property, free from any claims or encumbrances. It also guarantees the buyer's right to enjoy and use the property without interference. 2. Special Warranty Deed: This type of deed provides a lesser guarantee compared to the Standard Warranty Deed. The seller guarantees that they have not personally done anything to jeopardize the buyer's title to the property during their ownership. However, they do not warrant against any issues that may have occurred before they acquired the property. 3. Quitclaim Deed: This is a deed commonly used when transferring property between family members, spouses, or in situations where the transferor does not want to make any guarantees about the property's title. In this case, the transferor simply conveys whatever interest they have, if any, without any warranties. It is essential to consult with a qualified real estate attorney to determine the most appropriate type of Rhode Island Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal based on the specific circumstances of the transaction. This will ensure that the parties involved are protected and their interests are accurately reflected in the legal document.