Alameda California Mineral Deed with Limited Warranty

Name: Alameda California Mineral Deed with Limited Warranty
Brand: US Legal Forms
Rating: 4.81 (372 reviews)

Category:

Oil Gas and Minerals - Deeds

State:

Multi-State

County:

Alameda

Control #:

US-OG-061

Format:

Instant download

Description

This form of deed conveys an undivided interest in minerals in specific lands.

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FAQ

In California, mineral rights can be owned independently from the property. If an individual owns the mineral rights to a piece of land, he has a legal right to the minerals beneath the surface. The right's owner can access the minerals using any reasonable perimeters.

Remember, the property and the mineral rights are two separate entities. You may have inherited the mineral rights, but you need to know who owns the property if you want to drill. The opposite scenario is to check who owns the mineral rights on the property you inherited.

A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of a property. It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it.

In California, the ability to control ownership of and access to mineral resources is separated from ownership of real estate, such as land. Each can be sold independently of the other. In general, there are few downsides to retaining mineral rights when you sell real estate.

In California, mineral rights can be owned independently from the property. If an individual owns the mineral rights to a piece of land, he has a legal right to the minerals beneath the surface.

Mineral rights don't come into effect until you begin to dig below the surface of the property. But the bottom line is: if you do not have the mineral rights to a parcel of land, then you do not have the legal ability to explore, extract, or sell the naturally occurring deposits below.

Mineral Rights Owner- If you are solely a mineral rights owner, you earn the royalties that come from extracting the minerals from the land in question. You do not have control over what occurs on the surface. As the mineral rights owner, you can sell, mine or produce the gas or oil below the surface.

Transfer by deed. If you want to sell the mineral rights to another person, you can transfer them by deed. You will need to create a mineral deed and have it recorded. You should check with the county Recorder of Deeds in the county where the land is located and ask if a printed mineral deed form is available to use.

In California, the law allows the owner of real property to recover lost mineral rights provided that the mineral right is dormant for at least 20 years.

Under a special warranty deed, the grantor warrants only that they received the title and the property was not encumbered during their period of ownership. The grantee could fall afoul of title defects or encumbrances that occurred prior to the grantor's ownership. Bargain and Sale Deeds.

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Advance of completing a full loan approval. Only households who income-qualify for this home should submit offers.6 Technical Guidance for Low-Flow Systems . And Alameda Road from 37. 24 acres of A-1 SP DVAO (Light Industrial District, Special. Some cities require a transfer tax on deeds, must contact county to verify based on location of property. Denotes required field. Oakland, Alameda County, California (the "subject property"). Alameda County Flood Control and Water Conservation District: 510.670.

Alameda California Mineral Deed with Limited Warranty

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FAQ

Who owns the mineral rights to my property in California?

Are mineral rights inherited?

What are warranties in deeds?

Who owns mineral rights in California?

Do mineral rights transfer with property in California?

What does it mean if I don't own the mineral rights?

Are mineral rights royalties?

How do I transfer mineral rights in California?

Do mineral rights expire in California?

What is a warranty deed in oil and gas?

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What is an Alameda Mineral Deed with Limited Warranty757499?

What guarantees are provided by the seller in an Alameda Mineral Deed with Limited Warranty757499?

What are the limitations on the guarantees in an Alameda Mineral Deed with Limited Warranty757499?

Are there any restrictions on the use of the minerals obtained through an Alameda Mineral Deed with Limited Warranty757499?

Can the mineral rights acquired through an Alameda Mineral Deed with Limited Warranty757499 be resold?

Is it possible for someone other than the seller to claim the mineral rights after purchasing an Alameda Mineral Deed with Limited Warranty757499?

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