Fulton Georgia Royalty Deed with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Fulton
• Control #: US-OG-043
• Format: Word; Rich Text

Description

This form conveys a royalty interest with a limited warranty. Fulton Georgia Royalty Deed with Limited Warranty is a legal document that is commonly used in real estate transactions in Fulton County, Georgia. This type of deed highlights the limited warranty conveyed to the buyer or grantee, providing certain assurances about the ownership and condition of the property being transferred. A Fulton Georgia Royalty Deed with Limited Warranty typically contains the following key elements: 1. Granter and Grantee Information: This section includes the names and addresses of the party selling the property (granter) and the party buying the property (grantee). It is important to ensure the accuracy of this information to avoid any future complications. 2. Property Description: The deed should contain a detailed description of the property being transferred. This includes information such as the legal description, address, boundaries, and any identifying features or landmarks. 3. Limited Warranty: The limited warranty provision in the deed stipulates that the granter guarantees to the grantee that they have lawful ownership of the property and that it is free from any title defects or encumbrances, except as specifically noted in the deed. However, this warranty only covers the time the granter owned the property and does not extend to any previous owners or future occurrences. 4. Consideration: This section outlines the consideration or payment made in exchange for the transfer of the property. It may include the purchase price, other financial arrangements, or any non-monetary considerations agreed upon between the parties. 5. Signatures: To make the deed legally binding, it must be signed by the granter, typically in the presence of a notary public or witnesses. The grantee may also need to sign, acknowledging receipt of the deed. Different types of Fulton Georgia Royalty Deeds with Limited Warranty may include: 1. Residential Royalty Deed: This type of deed is used specifically for the transfer of residential properties, such as single-family homes, townhouses, or condominiums. 2. Commercial Royalty Deed: This deed focuses on commercial properties, such as office buildings, retail spaces, warehouses, or industrial facilities. The terms and considerations may differ from those of residential properties. 3. Agricultural Royalty Deed: This type of deed is used for the transfer of agricultural or rural properties, such as farms, ranches, or vacant land zoned for agricultural purposes. It is important to consult with a qualified attorney or real estate professional experienced in Fulton County, Georgia, to ensure that the specific requirements, laws, and regulations are followed when creating and executing a Fulton Georgia Royalty Deed with Limited Warranty.

Fulton Georgia Royalty Deed with Limited Warranty is a legal document that is commonly used in real estate transactions in Fulton County, Georgia. This type of deed highlights the limited warranty conveyed to the buyer or grantee, providing certain assurances about the ownership and condition of the property being transferred. A Fulton Georgia Royalty Deed with Limited Warranty typically contains the following key elements: 1. Granter and Grantee Information: This section includes the names and addresses of the party selling the property (granter) and the party buying the property (grantee). It is important to ensure the accuracy of this information to avoid any future complications. 2. Property Description: The deed should contain a detailed description of the property being transferred. This includes information such as the legal description, address, boundaries, and any identifying features or landmarks. 3. Limited Warranty: The limited warranty provision in the deed stipulates that the granter guarantees to the grantee that they have lawful ownership of the property and that it is free from any title defects or encumbrances, except as specifically noted in the deed. However, this warranty only covers the time the granter owned the property and does not extend to any previous owners or future occurrences. 4. Consideration: This section outlines the consideration or payment made in exchange for the transfer of the property. It may include the purchase price, other financial arrangements, or any non-monetary considerations agreed upon between the parties. 5. Signatures: To make the deed legally binding, it must be signed by the granter, typically in the presence of a notary public or witnesses. The grantee may also need to sign, acknowledging receipt of the deed. Different types of Fulton Georgia Royalty Deeds with Limited Warranty may include: 1. Residential Royalty Deed: This type of deed is used specifically for the transfer of residential properties, such as single-family homes, townhouses, or condominiums. 2. Commercial Royalty Deed: This deed focuses on commercial properties, such as office buildings, retail spaces, warehouses, or industrial facilities. The terms and considerations may differ from those of residential properties. 3. Agricultural Royalty Deed: This type of deed is used for the transfer of agricultural or rural properties, such as farms, ranches, or vacant land zoned for agricultural purposes. It is important to consult with a qualified attorney or real estate professional experienced in Fulton County, Georgia, to ensure that the specific requirements, laws, and regulations are followed when creating and executing a Fulton Georgia Royalty Deed with Limited Warranty.