San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Grantors

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• City: San Jose
• Control #: US-OG-058
• Format: Word; Rich Text

Description

This is a warranty deed of all interests in surface and minerals from multiple grantors to a single grantee. A San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters is a legal document that signifies the transfer of ownership rights for both surface and mineral interests in a property located in San Jose, California. This type of deed ensures that the property is being conveyed with a guarantee of clear title and protection against any claims that could arise in the future. In this specific deed, multiple granters are involved, meaning that multiple parties are transferring their interests in the property to one or more grantees. This situation commonly arises when there is co-ownership or shared interests in a property, and all individuals involved are collectively conveying their ownership rights. There may be variations of this San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters, including: 1. Joint Tenancy with Rights of Survivorship: In this type of warranty deed, multiple granters hold equal shares of ownership in the property, and in the event of one granter's death, their share automatically transfers to the surviving granters, thus keeping the unity of ownership intact. 2. Tenants in Common: This variant of the warranty deed allows multiple granters to hold distinct and separate percentages of ownership in the property. Each co-owner has the right to transfer or sell their individual share independently without the consent of the other co-owners. 3. Community Property: In some instances, if the multiple granters are married, they may choose to convey their interests in the property as community property. This means that both spouses have an equal undivided ownership interest, and upon the death of one spouse, the property automatically transfers to the surviving spouse. Regardless of the specific type, a San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters serves as a legally binding agreement that ensures a smooth and undisputed transfer of ownership rights in a property, protecting all parties involved from potential future claims or disputes. It provides confidence to the grantees that the property they are acquiring is clear of any encumbrances or liens and guarantees their rights as owners.

A San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters is a legal document that signifies the transfer of ownership rights for both surface and mineral interests in a property located in San Jose, California. This type of deed ensures that the property is being conveyed with a guarantee of clear title and protection against any claims that could arise in the future. In this specific deed, multiple granters are involved, meaning that multiple parties are transferring their interests in the property to one or more grantees. This situation commonly arises when there is co-ownership or shared interests in a property, and all individuals involved are collectively conveying their ownership rights. There may be variations of this San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters, including: 1. Joint Tenancy with Rights of Survivorship: In this type of warranty deed, multiple granters hold equal shares of ownership in the property, and in the event of one granter's death, their share automatically transfers to the surviving granters, thus keeping the unity of ownership intact. 2. Tenants in Common: This variant of the warranty deed allows multiple granters to hold distinct and separate percentages of ownership in the property. Each co-owner has the right to transfer or sell their individual share independently without the consent of the other co-owners. 3. Community Property: In some instances, if the multiple granters are married, they may choose to convey their interests in the property as community property. This means that both spouses have an equal undivided ownership interest, and upon the death of one spouse, the property automatically transfers to the surviving spouse. Regardless of the specific type, a San Jose California Warranty Deed for Surface and Mineral Interests with Multiple Granters serves as a legally binding agreement that ensures a smooth and undisputed transfer of ownership rights in a property, protecting all parties involved from potential future claims or disputes. It provides confidence to the grantees that the property they are acquiring is clear of any encumbrances or liens and guarantees their rights as owners.