• US Legal Forms

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

State:
Multi-State
Control #:
US-OG-130
Format:
Word; 
Rich Text
Instant download

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.

How to fill out South Carolina Partial Release Of Mortgage / Deed Of Trust On A Mineral / Royalty Interest Sold By Grantor?

Choosing the right legitimate document format could be a have difficulties. Of course, there are a lot of web templates available on the Internet, but how would you find the legitimate develop you want? Make use of the US Legal Forms website. The assistance delivers a huge number of web templates, such as the South Carolina Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor, which can be used for business and personal needs. Each of the kinds are inspected by pros and fulfill state and federal requirements.

Should you be currently registered, log in to the account and then click the Acquire button to get the South Carolina Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor. Make use of account to check from the legitimate kinds you have acquired earlier. Go to the My Forms tab of your respective account and obtain an additional copy from the document you want.

Should you be a brand new customer of US Legal Forms, allow me to share simple recommendations that you should comply with:

  • Very first, make certain you have chosen the proper develop to your area/area. You may check out the shape utilizing the Review button and browse the shape information to ensure it is the best for you.
  • When the develop does not fulfill your requirements, make use of the Seach discipline to find the correct develop.
  • When you are certain the shape is proper, go through the Get now button to get the develop.
  • Choose the rates prepare you need and type in the needed information. Create your account and purchase the order using your PayPal account or Visa or Mastercard.
  • Opt for the document structure and obtain the legitimate document format to the device.
  • Comprehensive, revise and produce and indicator the obtained South Carolina Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor.

US Legal Forms will be the largest collection of legitimate kinds that you can see a variety of document web templates. Make use of the service to obtain skillfully-produced documents that comply with status requirements.

Form popularity

FAQ

In South Carolina, the lender must sue the borrower and prove the lender is entitled to foreclose. The homeowner (defendant) has the right to defend the foreclosure by conducting discovery, raising defenses, and filing counterclaims (that is, suing the lender under various causes of action).

SECTION 29-3-330. Methods of satisfaction or release of security interest; affidavit. (A) In this section these words shall have the following meaning: (1) "Mortgage" means a lien against real property that is granted to secure the payment of money; a deed of trust must be given the same meaning as a "mortgage".

Mortgage States and Deed of Trust States StateMortgage StateDeed of Trust StateOregonYPennsylvaniaYRhode IslandYSouth CarolinaY47 more rows

No mortgage or deed having the effect of a mortgage or other lien shall constitute a lien upon any real estate after the lapse of twenty years from the date for the maturity of the lien.

SECTION 29-1-10. Lien on real estate of no force after twenty years; exception for acknowledged debt or payment on account; lien on property interest held by gas or electric utility or electric cooperative.

If the satisfaction isn't recorded within a minimum of 60 days, they may incur penalties and be held liable for damages and attorney's fees.

Interesting Questions

More info

This article applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be ... Make these quick steps to edit the PDF Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor online for free: Register and ...Borrower shall not cause or permit a sale, conveyance, mortgage, grant, bargain, encumbrance, pledge, assignment, grant of any options with respect to, or any ... This Security Instrument is both a real property deed of trust and a “security agreement” within the meaning of the Uniform Commercial Code. The Property ... This partial release allows the granter to sell a specified portion of their interest while leaving the remaining portion intact. In Mecklenburg County, North ... NONTITLED SPOUSES AND NON-BORROWER GRANTORS. Any Grantor or Trustor who signs this Deed of Trust, Mortgage or Modification. ("Security Instrument") but does ... The undersigned being the mortgagee of record, the trustee of a deed of trust, or the legal representative, agent or officer, or attorney-in-fact of the ... Each form is designed using a MS Word "Fill in the Blank" format. This allows you to quickly make changes, additions and deletions to prepare your documents. A quitclaim deed makes no assurance that the grantor actually has an ownership interest in a property; it merely states that if the grantor does, they release ... Feb 16, 2022 — This manual is an introduction to the basic principles of recording and filing documents. It is hoped that customers of this office will ...

Trusted and secure by over 3 million people of the world’s leading companies

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