Hennepin Minnesota Royalty Deed with Limited Warranty is a legal document that establishes the ownership rights over mineral royalties in Hennepin County, Minnesota. This deed provides a limited warranty, meaning that the granter guarantees the title only against claims that arose during their ownership, and not against any prior claims. The Hennepin Minnesota Royalty Deed with Limited Warranty is crucial for individuals or entities involved in the extraction or exploration of mineral resources in Hennepin County. By obtaining this deed, they secure their ownership rights and protect themselves from any potential claims or disputes. There are two types of Hennepin Minnesota Royalty Deeds with Limited Warranty commonly used: 1. Mineral Royalty Deed: This type of deed specifically pertains to the ownership of royalties extracted from mineral resources, such as oil, gas, coal, or precious metals, in Hennepin County. It ensures that the granter transfers their royalty interests to the grantee while providing a limited warranty against any claims arising during their ownership. 2. Surface Rights Royalty Deed: In Hennepin County, surface rights can also grant individuals or entities the right to access and utilize the surface area of a property for mineral extraction purposes. This type of Hennepin Minnesota Royalty Deed with Limited Warranty guarantees the grantee's ownership and access rights to the surface area while offering a limited warranty against any claims that arose during the granter's ownership. Both types of Hennepin Minnesota Royalty Deeds with Limited Warranty are essential for individuals or entities looking to engage in mineral extraction operations in Hennepin County. These deeds not only establish ownership rights but also ensure protection against any unforeseen claims or legal complications. If you are engaged in mineral extraction or exploration in Hennepin County, obtaining a Hennepin Minnesota Royalty Deed with Limited Warranty is imperative. It provides legal certainty, protects your interests, and helps avoid potential disputes by guaranteeing ownership rights over mineral royalties or surface areas.