A Wisconsin Quitclaim Deed for Mineral / Royalty Interest is a legal document used to transfer ownership or interest in mineral rights or royalty payments for oil, gas, coal, or other valuable resources in the state of Wisconsin. This type of deed is commonly used when the current owner of the mineral or royalty interest wants to relinquish or transfer their rights to another party. The Wisconsin Quitclaim Deed for Mineral / Royalty Interest ensures a clear and recorded transfer of ownership, protecting both the seller (granter) and the buyer (grantee). It includes relevant information such as names and addresses of the parties involved, legal descriptions of the property, and a detailed description of the rights being transferred. There might be different types of Wisconsin Quitclaim Deeds for Mineral / Royalty Interest depending on the specific nature of the transfer: 1. Wisconsin Quitclaim Deed for Oil and Gas Rights: This type of quitclaim deed focuses specifically on transferring ownership or interest in oil and gas rights in Wisconsin. 2. Wisconsin Quitclaim Deed for Coal Rights: Similar to the above, this quitclaim deed is designed for the transfer of ownership or interest in coal rights in Wisconsin. 3. Wisconsin Quitclaim Deed for Royalty Payments: This type of quitclaim deed specifically deals with the transfer of royalty payments from the extraction or usage of minerals in Wisconsin. 4. Wisconsin Quitclaim Deed for Other Minerals: This category encompasses quitclaim deeds that relate to the transfer of ownership or interest in various other minerals such as gold, silver, copper, or any other valuable mineral found within the state. It's important to consult with a qualified attorney or legal professional when preparing and executing a Wisconsin Quitclaim Deed for Mineral / Royalty Interest to ensure that all legal requirements and obligations are met. Additionally, conducting a thorough title search is recommended to verify the ownership and encumbrances on the property before the transfer takes place.