South Carolina 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 South Carolina Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both the surface and mineral rights of a property, while reserving the rights to any coal deposits present on the land. This type of deed is commonly used in South Carolina for transactions involving property with coal reserves and ensures that the buyer receives a clear title to both the surface and mineral rights, except for the coal. This South Carolina Warranty Deed grants the buyer the full ownership of the property's surface, meaning they have the rights to build, develop, and make use of the land as they see fit. Additionally, the buyer gains ownership of the mineral rights, including any valuable resources beneath the property's surface, such as oil, gas, or minerals. This includes all minerals except for coal, which is reserved by the seller. By reserving the rights to all coal deposits, the seller retains ownership and control over any mining or extraction activities specifically related to coal on the property. This can be beneficial for sellers who wish to maintain control over potential future coal mining operations, while still transferring ownership of the rest of the property to the buyer. It is important to note that there may be variations or specific types of South Carolina Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, depending on specific circumstances or agreements between the buyer and seller. These variations may include specific terms regarding the boundaries of the property, duration of the coal reservation, or any additional rights or restrictions regarding the usage of the land. In summary, a South Carolina 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 of a property, while reserving the rights to any coal deposits present. This type of deed ensures that the buyer has clear ownership of the property's surface and mineral rights, except for coal, which remains reserved by the seller. It is crucial to engage with legal professionals to ensure the deed accurately reflects the specific details and requirements of the transaction.

A South Carolina Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both the surface and mineral rights of a property, while reserving the rights to any coal deposits present on the land. This type of deed is commonly used in South Carolina for transactions involving property with coal reserves and ensures that the buyer receives a clear title to both the surface and mineral rights, except for the coal. This South Carolina Warranty Deed grants the buyer the full ownership of the property's surface, meaning they have the rights to build, develop, and make use of the land as they see fit. Additionally, the buyer gains ownership of the mineral rights, including any valuable resources beneath the property's surface, such as oil, gas, or minerals. This includes all minerals except for coal, which is reserved by the seller. By reserving the rights to all coal deposits, the seller retains ownership and control over any mining or extraction activities specifically related to coal on the property. This can be beneficial for sellers who wish to maintain control over potential future coal mining operations, while still transferring ownership of the rest of the property to the buyer. It is important to note that there may be variations or specific types of South Carolina Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, depending on specific circumstances or agreements between the buyer and seller. These variations may include specific terms regarding the boundaries of the property, duration of the coal reservation, or any additional rights or restrictions regarding the usage of the land. In summary, a South Carolina 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 of a property, while reserving the rights to any coal deposits present. This type of deed ensures that the buyer has clear ownership of the property's surface and mineral rights, except for coal, which remains reserved by the seller. It is crucial to engage with legal professionals to ensure the deed accurately reflects the specific details and requirements of the transaction.