Tennessee 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 Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral interests of a property in Tennessee, while reserving the right to all coal resources present on the land. This deed provides a guarantee (warranty) that the seller (granter) legally owns the property and has the right to sell it, thereby ensuring the buyer (grantee) that they will not face any future claims to the property. This type of deed is commonly used when selling or purchasing land that contains valuable coal deposits. The reservation of all coal means that the granter retains exclusive rights to mine or extract any coal resources found on the property, even after the transfer of ownership. This reservation allows the granter to continue exploiting the coal reserves for commercial purposes while still selling the surface and non-coal mineral rights to the grantee. Different variations of the Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may exist depending on the specific terms and conditions agreed upon by the parties involved. Some variations include: 1. Limited Surface Rights Warranty Deed with Reservation of All Coal: This type of deed reserves all coal interests to the granter while granting the grantee limited rights and access to the surface of the property, such as for residential or agricultural purposes. 2. General Surface Rights Warranty Deed with Reservation of All Coal: With this deed, the granter conveys complete ownership of the surface rights to the grantee, allowing unrestricted use and development of the land, while still reserving all coal interests in the granter. 3. Partial Surface Rights Warranty Deed with Reservation of All Coal: This variation grants the grantee some surface rights for specific purposes, while the remaining surface rights, including access to coal reserves, are reserved by the granter. In all cases, the Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal serves as a legally binding agreement between the granter and grantee, outlining the transfer of ownership rights and emphasizing the reservation of all coal interests. It is crucial for both parties to consult legal professionals or real estate experts familiar with Tennessee laws to ensure the deed accurately reflects their intentions and protects their interests.

A Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral interests of a property in Tennessee, while reserving the right to all coal resources present on the land. This deed provides a guarantee (warranty) that the seller (granter) legally owns the property and has the right to sell it, thereby ensuring the buyer (grantee) that they will not face any future claims to the property. This type of deed is commonly used when selling or purchasing land that contains valuable coal deposits. The reservation of all coal means that the granter retains exclusive rights to mine or extract any coal resources found on the property, even after the transfer of ownership. This reservation allows the granter to continue exploiting the coal reserves for commercial purposes while still selling the surface and non-coal mineral rights to the grantee. Different variations of the Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may exist depending on the specific terms and conditions agreed upon by the parties involved. Some variations include: 1. Limited Surface Rights Warranty Deed with Reservation of All Coal: This type of deed reserves all coal interests to the granter while granting the grantee limited rights and access to the surface of the property, such as for residential or agricultural purposes. 2. General Surface Rights Warranty Deed with Reservation of All Coal: With this deed, the granter conveys complete ownership of the surface rights to the grantee, allowing unrestricted use and development of the land, while still reserving all coal interests in the granter. 3. Partial Surface Rights Warranty Deed with Reservation of All Coal: This variation grants the grantee some surface rights for specific purposes, while the remaining surface rights, including access to coal reserves, are reserved by the granter. In all cases, the Tennessee Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal serves as a legally binding agreement between the granter and grantee, outlining the transfer of ownership rights and emphasizing the reservation of all coal interests. It is crucial for both parties to consult legal professionals or real estate experts familiar with Tennessee laws to ensure the deed accurately reflects their intentions and protects their interests.