Where do I file a special warranty deed in Texas?

To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.

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Royalty Deed with Limited Warranty

Bexar Texas Royalty Deed with Limited Warranty

Name: Bexar Texas Royalty Deed with Limited Warranty
Brand: US Legal Forms
Rating: 4.88 (242 reviews)

Category:

Oil Gas and Minerals - Deeds

State:

Multi-State

County:

Bexar

Control #:

US-OG-043

Format:

Instant download

Description

This form conveys a royalty interest with a limited warranty.

How to fill out Bexar Texas Royalty Deed With Limited Warranty?

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FAQ

A mineral deed with special warranty in Texas conveys all or part of the oil, gas, and other minerals of a grantor in real property to a grantee, subject to certain warranties covering the grantor's period of ownership.

A Texas warranty deed form allows Texas property owners to transfer real estate with a full warranty of title. A person who signs a warranty deed guarantees that he or she owns the property and has the right to convey clear title to the new owner.

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 propertyif any.

Mineral rights in Texas are the rights to mineral deposits that exist under the surface of a parcel of property. This right normally belongs to the owner of the surface estate; however, in Texas those rights can be transferred through sale or lease to a second party.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

Producing Mineral Rights Value in Texas As a general rule of thumb, you can expect to sell mineral rights in Texas for 4 years to 6 years times the average monthly income.

If you have a property that does not currently produce royalty income and you do not have an active lease, the value is nearly always under $1,000/acre. The average price per acre for mineral rights that are not leased is between $0 and $250/acre.

Transfer Your Mineral Rights Transfer by deed: You can sell your mineral rights to another person or company by deed. Transfer by will: You can specify who you want to inherit your mineral rights in your will. Transfer by lease: You can lease mineral rights to a third party through a lease agreement.

To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.

What Is a Special Warranty Deed? A special warranty deed is a deed to real estate where the seller of the propertyknown as the grantorwarrants only against anything that occurred during their physical ownership.

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A special warranty deed only warrants against problems in the property title that occurred during ownership of the property. The free and reduced lunch program application process.However, since he knowsthat what he receives is royalty from his minerals under lease.

Bexar Texas Royalty Deed with Limited Warranty

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FAQ

What is a mineral deed in Texas?

How does a warranty deed work in Texas?

What type of deed would be used when someone just wants to release whatever interest if any he has?

What does it mean to own mineral rights in Texas?

What is the most common type of warranty deed?

How long do mineral rights last in Texas?

How much is an acre of mineral rights worth in Texas?

How do I transfer ownership of mineral rights in Texas?

Where do I file a special warranty deed in Texas?

Which deed has language that speaks to the warranty being limited to the grantor and not extended to previous owners?

Interesting Questions

What is a Bexar Royalty Deed with Limited Warranty701541?

What does the Limited Warranty mean in this deed?

What is Bexar County, and how does it relate to this deed?

Can I use this deed to transfer ownership of any property?

What are royalty interests in oil or gas properties?

Are there any limitations on the warranties provided by the seller in this deed?

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