South Carolina Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-130
• Format: Word; Rich Text

Description

If an owner of a mineral or royalty interest, whose interest is subject to a mortgage/deed of trust, desires to sell or convey an interest, it is appropriate to obtain a release of that lien as to the interest conveyed. This form addresses that situation. A South Carolina Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that helps to release a specific portion of a mortgage or deed of trust pertaining to a mineral or royalty interest when it has been sold by the person who originally granted the mortgage or deed of trust. This partial release is specific to South Carolina and is essential in situations where the granter of the original mortgage or deed of trust has transferred a part of their mineral or royalty interest to another party. By executing this document, the granter removes the lien or encumbrance on the portion of the interest that has been sold, allowing the new owner to have a clear and free title over the acquired share. Keywords: South Carolina, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter, lien, encumbrance, transfer, clear title, legal document. Different types of South Carolina Partial Release of Mortgage/Deed of Trust on A Mineral/Royalty Interest Sold by Granter include: 1. Partial Release of Mortgage/Deed of Trust — Specific Mineral Interest: This type of partial release is used when the granter sells a specific portion or percentage of their mineral interest, requiring the release of that particular interest from the original mortgage or deed of trust. 2. Partial Release of Mortgage/Deed of Trust — Specific Royalty Interest: This type of partial release is utilized when the granter sells a particular segment or percentage of their royalty interest and wishes to release that specific interest from the original mortgage or deed of trust. 3. Partial Release of Mortgage/Deed of Trust — Multiple Mineral/Royalty Interests: In cases where the granter sells multiple mineral or royalty interests to different parties, this type of partial release enables the granter to release each specific interest separately, ensuring clarity in the ownership and title rights. 4. Partial Release of Mortgage/Deed of Trust — Percentage Share Release: If the sale involves the transfer of an overall percentage share of the granter's mineral or royalty interest, this type of partial release can be used to release the corresponding percentage from the original mortgage or deed of trust. Remember that the content above serves as an example and should be adjusted to fit the specific requirements of your situation. It is always recommended consulting with a qualified attorney or legal expert when drafting or executing legal documents.

A South Carolina Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that helps to release a specific portion of a mortgage or deed of trust pertaining to a mineral or royalty interest when it has been sold by the person who originally granted the mortgage or deed of trust. This partial release is specific to South Carolina and is essential in situations where the granter of the original mortgage or deed of trust has transferred a part of their mineral or royalty interest to another party. By executing this document, the granter removes the lien or encumbrance on the portion of the interest that has been sold, allowing the new owner to have a clear and free title over the acquired share. Keywords: South Carolina, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter, lien, encumbrance, transfer, clear title, legal document. Different types of South Carolina Partial Release of Mortgage/Deed of Trust on A Mineral/Royalty Interest Sold by Granter include: 1. Partial Release of Mortgage/Deed of Trust — Specific Mineral Interest: This type of partial release is used when the granter sells a specific portion or percentage of their mineral interest, requiring the release of that particular interest from the original mortgage or deed of trust. 2. Partial Release of Mortgage/Deed of Trust — Specific Royalty Interest: This type of partial release is utilized when the granter sells a particular segment or percentage of their royalty interest and wishes to release that specific interest from the original mortgage or deed of trust. 3. Partial Release of Mortgage/Deed of Trust — Multiple Mineral/Royalty Interests: In cases where the granter sells multiple mineral or royalty interests to different parties, this type of partial release enables the granter to release each specific interest separately, ensuring clarity in the ownership and title rights. 4. Partial Release of Mortgage/Deed of Trust — Percentage Share Release: If the sale involves the transfer of an overall percentage share of the granter's mineral or royalty interest, this type of partial release can be used to release the corresponding percentage from the original mortgage or deed of trust. Remember that the content above serves as an example and should be adjusted to fit the specific requirements of your situation. It is always recommended consulting with a qualified attorney or legal expert when drafting or executing legal documents.