A Tennessee Gift Deed of Mineral Interest with No Warranty is a legal document that allows an individual to transfer their ownership rights of mineral interests to another party, known as the recipient or grantee. It signifies an outright gift of these rights, and it comes with no warranties or guarantees from the granter regarding the quantity or quality of the minerals. Unlike other types of deeds, a Gift Deed of Mineral Interest does not require any form of consideration (such as money or other assets) in exchange for the transfer of ownership. It is essentially a voluntary transfer made out of generosity or personal reasons, such as passing down assets to family members, loved ones, or charitable organizations. By executing this gift deed, the granter officially relinquishes all their interests in the minerals specified within the document, ensuring that the recipient becomes the rightful owner of those mineral interests. It is important to note that these deeds solely apply to the mineral rights associated with a property, not the ownership or possession of the land itself. Different types of Tennessee Gift Deed of Mineral Interest with No Warranty can be categorized based on certain distinctions, such as the inclusion of additional provisions or the specific minerals being transferred. Here are a few notable variations: 1. Tennessee Gift Deed of Oil and Gas Mineral Interest with No Warranty: This deed specifically transfers ownership rights related to oil and gas minerals. 2. Tennessee Gift Deed of Coal Mineral Interest with No Warranty: This variation focuses on the transfer of coal mineral interests. 3. Tennessee Gift Deed of All Minerals Interest with No Warranty: This deed encompasses the transfer of all types of mineral interests present on the property, including but not limited to oil, gas, coal, salt, limestone, or any other minerals specified by the granter. Regardless of the specific type, all Tennessee Gift Deeds of Mineral Interest with No Warranty are legally binding documents and should be executed with the assistance of legal professionals to ensure compliance with state laws and regulations.
Tennessee Gift Deed of Mineral Interest with No Warranty
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Quitclaim Deed A deed used to transfer any interest in real property that the grantor may have. It contains no warranties of any kind. Deeds lavote.gov ? home ? recorder ? forms ? deeds lavote.gov ? home ? recorder ? forms ? deeds
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any.
Quit Claim Deed A conveyance by which the grantor transfers whatever interest he or she has in the real estate, without warranties or obligations. Real Estate Definitions - Dane County Register of Deeds countyofdane.com ? real-estate ? definitions countyofdane.com ? real-estate ? definitions
Also called a non-warranty deed, a quitclaim deed conveys whatever interest the grantor currently has in the property if any. The grantor only "remises, releases, and quitclaims" their interest in the property to the grantee. There are no warranties or promises regarding the quality of the title.
Quitclaim Deed This type of deed guarantees nothing and there is no expressed or implied warranty that grantor owns the property or any interest in it. Moreover, a quitclaim deed does not convey any after-acquired title. 7. Principal Instruments of Transfer - California Department of Real Estate ca.gov ? files ? pdf ? refbook ? ref07 ca.gov ? files ? pdf ? refbook ? ref07
Quitclaim Deed A deed used to transfer any interest in real property that the grantor may have. It contains no warranties of any kind.
Finally, the quitclaim deed is a deed that makes no warranties that the property has clean title. Essentially, it conveys only whatever interest the seller/grantor currently has in the property, if any, and makes no assurances as to good title.
Quitclaim Deed This type of deed guarantees nothing and there is no expressed or implied warranty that grantor owns the property or any interest in it. Moreover, a quitclaim deed does not convey any after-acquired title.
