Oakland Michigan Royalty Deed with Limited Warranty

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

Description

This form conveys a royalty interest with a limited warranty. Oakland County, Michigan Royalty Deed with Limited Warranty is a legal document that conveys royalty interests in oil, gas, and other mineral rights to a recipient. This type of deed is commonly used in transactions involving the transfer of mineral rights in Oakland County, Michigan. It guarantees a limited warranty, providing the buyer with some protection against title defects. The purpose of an Oakland Michigan Royalty Deed with Limited Warranty is to ensure that the seller holds the rights to the mineral interests being conveyed and has the authority to transfer them. By executing this deed, the seller is providing a limited warranty to the buyer, promising that the seller has not encumbered or diminished the rights being transferred, except as specifically outlined in the deed. Keywords: Oakland Michigan, Royalty Deed, Limited Warranty, oil, gas, mineral rights, Oakland County. There are no specific "types" of Oakland Michigan Royalty Deed with Limited Warranty, as it refers to a specific legal instrument used for conveying mineral rights in Oakland County, Michigan. However, different variations or specific clauses can be added to customize the deed based on the specific terms agreed upon between the buyer and the seller. Some possible variations may include additional provisions for royalties, lease terms, or restrictions on surface use. Overall, an Oakland Michigan Royalty Deed with Limited Warranty is a crucial legal document that ensures the rightful transfer of mineral rights while providing a limited warranty of title. It is advised to consult with a qualified attorney or legal professional to draft and execute this deed accurately, adhering to all relevant local laws and regulations.

Oakland County, Michigan Royalty Deed with Limited Warranty is a legal document that conveys royalty interests in oil, gas, and other mineral rights to a recipient. This type of deed is commonly used in transactions involving the transfer of mineral rights in Oakland County, Michigan. It guarantees a limited warranty, providing the buyer with some protection against title defects. The purpose of an Oakland Michigan Royalty Deed with Limited Warranty is to ensure that the seller holds the rights to the mineral interests being conveyed and has the authority to transfer them. By executing this deed, the seller is providing a limited warranty to the buyer, promising that the seller has not encumbered or diminished the rights being transferred, except as specifically outlined in the deed. Keywords: Oakland Michigan, Royalty Deed, Limited Warranty, oil, gas, mineral rights, Oakland County. There are no specific "types" of Oakland Michigan Royalty Deed with Limited Warranty, as it refers to a specific legal instrument used for conveying mineral rights in Oakland County, Michigan. However, different variations or specific clauses can be added to customize the deed based on the specific terms agreed upon between the buyer and the seller. Some possible variations may include additional provisions for royalties, lease terms, or restrictions on surface use. Overall, an Oakland Michigan Royalty Deed with Limited Warranty is a crucial legal document that ensures the rightful transfer of mineral rights while providing a limited warranty of title. It is advised to consult with a qualified attorney or legal professional to draft and execute this deed accurately, adhering to all relevant local laws and regulations.