Texas 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. Title: Understanding the Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal Introduction: The Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legal document used in Texas to convey ownership rights to both surface and mineral interests in a property, while specifically reserving the right to all coal deposits on the land. This deed provides clear protection and assurance to the grantee, ensuring their undisputed ownership and right to use the surface and access minerals, apart from coal, that may exist beneath the property. Types of Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. General Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed is the most common and straightforward form of conveying surface and mineral rights with an explicit reservation of all coal deposits. It clearly sets out the rights and responsibilities of the granter and grantee, ensuring that the grantee receives complete ownership of the surface, other minerals, and the ability to utilize the land without disturbance. 2. Enhanced Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: An enhanced version of the deed may include additional provisions or specific terms agreed upon by the parties involved. These provisions can address aspects such as access rights, environmental regulations, and further details surrounding the reservation of coal deposits. The enhanced deed is tailored to suit the unique requirements of the granter and grantee, providing further clarity and precision. Key Components of the Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Granter and Grantee Information: The deed begins by identifying the parties involved. It includes the full legal names and addresses of both the granter (current owner) and the grantee (new owner). 2. Property Description: A detailed description of the property in question is essential, including the boundaries, size, and location. Legal descriptions, such as the metes and bounds method or referencing official plat maps, are commonly used to define the property accurately. 3. Surface and Mineral Rights Conveyance: The deed explicitly states that the granter conveys ownership of both the surface and mineral interests to the grantee while reserving all coal deposits. 4. Reserved Coal Rights: An essential clause specifically reserves the right to all coal deposits found on the property solely for the granter. This clause prevents any ambiguity or dispute regarding the ownership and utilization of coal reserves on the property, ensuring the grantee understands the limitations of their rights. 5. Warranties and Covenants: The granter provides warranties and covenants, guaranteeing that they legally own the property, have the authority to transfer ownership, and that the property is free from any undisclosed encumbrances, except for the reserved coal rights. Conclusion: The Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legally binding document that safeguards the rights of both the granter and grantee. It ensures the effective transfer of ownership while explicitly reserving all coal deposits for the granter. By employing this deed, both parties can navigate their ownership rights and responsibilities with certainty.

Title: Understanding the Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal Introduction: The Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legal document used in Texas to convey ownership rights to both surface and mineral interests in a property, while specifically reserving the right to all coal deposits on the land. This deed provides clear protection and assurance to the grantee, ensuring their undisputed ownership and right to use the surface and access minerals, apart from coal, that may exist beneath the property. Types of Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. General Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed is the most common and straightforward form of conveying surface and mineral rights with an explicit reservation of all coal deposits. It clearly sets out the rights and responsibilities of the granter and grantee, ensuring that the grantee receives complete ownership of the surface, other minerals, and the ability to utilize the land without disturbance. 2. Enhanced Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: An enhanced version of the deed may include additional provisions or specific terms agreed upon by the parties involved. These provisions can address aspects such as access rights, environmental regulations, and further details surrounding the reservation of coal deposits. The enhanced deed is tailored to suit the unique requirements of the granter and grantee, providing further clarity and precision. Key Components of the Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Granter and Grantee Information: The deed begins by identifying the parties involved. It includes the full legal names and addresses of both the granter (current owner) and the grantee (new owner). 2. Property Description: A detailed description of the property in question is essential, including the boundaries, size, and location. Legal descriptions, such as the metes and bounds method or referencing official plat maps, are commonly used to define the property accurately. 3. Surface and Mineral Rights Conveyance: The deed explicitly states that the granter conveys ownership of both the surface and mineral interests to the grantee while reserving all coal deposits. 4. Reserved Coal Rights: An essential clause specifically reserves the right to all coal deposits found on the property solely for the granter. This clause prevents any ambiguity or dispute regarding the ownership and utilization of coal reserves on the property, ensuring the grantee understands the limitations of their rights. 5. Warranties and Covenants: The granter provides warranties and covenants, guaranteeing that they legally own the property, have the authority to transfer ownership, and that the property is free from any undisclosed encumbrances, except for the reserved coal rights. Conclusion: The Texas Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legally binding document that safeguards the rights of both the granter and grantee. It ensures the effective transfer of ownership while explicitly reserving all coal deposits for the granter. By employing this deed, both parties can navigate their ownership rights and responsibilities with certainty.