Franklin Ohio Royalty Deed with Limited Warranty is a legal document that transfers the ownership of oil, gas, or mineral royalties from the granter (seller) to the grantee (buyer) in Franklin County, Ohio. This type of deed comes with a limited warranty, which means that the granter guarantees to the grantee that they have not done anything to harm or impair the title to the royalties, except for any encumbrances mentioned in the deed. In Franklin County, Ohio, there are a few different types of Royalty Deeds with Limited Warranty that serve various purposes. Here are some of the common ones: 1. Oil Royalty Deed with Limited Warranty: This type of deed specifically pertains to the transfer of ownership rights for oil royalties in Franklin County, Ohio. The limited warranty ensures that the granter hasn't taken any action to affect the title to the oil royalties, except for any existing claims or liens mentioned in the deed. 2. Gas Royalty Deed with Limited Warranty: Similar to the oil royalty deed, this deed focuses on the transfer of ownership rights for gas royalties in Franklin County, Ohio. The limited warranty provides the grantee with the assurance that the granter has not compromised the title to the gas royalties, except for any encumbrances stated in the deed. 3. Mineral Royalty Deed with Limited Warranty: This particular deed involves the transfer of ownership rights for mineral royalties in Franklin County, Ohio. The limited warranty guarantees to the grantee that the granter has not done anything to diminish the title to the mineral royalties, except for any mentioned limitations or encumbrances. Franklin Ohio Royalty Deed with Limited Warranty is an essential document in the real estate and natural resources industry as it ensures a legitimate and secure transfer of ownership rights. It provides confidence to the grantee that the transfer is being made in good faith, with minimal risks regarding the title to the royalties involved. It is crucial for both parties involved in such transactions to seek legal advice and assistance to ensure the validity and accuracy of the Royalty Deed with Limited Warranty.
Franklin Ohio Royalty Deed with Limited Warranty
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How to fill out Franklin Ohio Royalty Deed With Limited Warranty?
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