Bronx New York Mineral Deed with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Bronx
• Control #: US-OG-061
• Format: Word; Rich Text

Description

This form of deed conveys an undivided interest in minerals in specific lands. Bronx, New York Mineral Deed with Limited Warranty: Explained in Detail A Bronx, New York Mineral Deed with Limited Warranty is a legally binding document that transfers ownership of mineral rights from one party to another in the Bronx County, New York. This deed ensures that the seller legally owns the minerals and has the authority to transfer them to the buyer. Keywords: Bronx, New York, Mineral Deed, Limited Warranty, ownership, mineral rights, transfer. The limited warranty aspect of this deed guarantees that the seller will defend the buyer's ownership against any claims made by third parties, but only for actions taken during the seller's period of ownership. It does not cover any historical or pre-existing claims. There are different types of Bronx, New York Mineral Deeds with Limited Warranty based on the specific minerals being transferred. Some common types include: 1. Oil and Gas Deed: This deed specifically transfers ownership of oil and gas rights in the specified property. It allows the buyer to explore, extract, and profit from any oil or gas deposits present on the property. 2. Coal Deed: This type of deed focuses on transferring coal rights. It grants the buyer the exclusive rights to extract coal deposits from the property. 3. Mineral Rights Deed: This broader deed encompasses the transfer of various mineral rights, including but not limited to oil, gas, coal, and other valuable minerals present on the property. 4. Gravel and Sand Deed: This deed centers around the transfer of rights to extract gravel and sand. It allows the buyer to use these materials for construction, landscaping, or other relevant purposes. 5. Precious Metals Deed: This type of deed specifically transfers ownership of precious metals, such as gold, silver, or platinum, found on the property. It grants the buyer the right to mine and profit from these valuable resources. It is crucial for both the buyer and the seller to thoroughly review the terms and conditions within the mineral deed before finalizing the transaction. Furthermore, it is recommended to seek legal advice to ensure all rights and obligations are clearly outlined, protecting the interests of both parties. In conclusion, a Bronx, New York Mineral Deed with Limited Warranty is a legal document that transfers ownership of specific minerals or mineral rights from the seller to the buyer in Bronx County, New York. The limited warranty aspect ensures the buyer's ownership is defended against claims made by others during the seller's period of ownership. Different types of mineral deeds exist, including those for oil and gas, coal, gravel and sand, precious metals, and broader mineral rights. Seeking legal counsel is essential to ensure a smooth and protected transaction.

Bronx, New York Mineral Deed with Limited Warranty: Explained in Detail A Bronx, New York Mineral Deed with Limited Warranty is a legally binding document that transfers ownership of mineral rights from one party to another in the Bronx County, New York. This deed ensures that the seller legally owns the minerals and has the authority to transfer them to the buyer. Keywords: Bronx, New York, Mineral Deed, Limited Warranty, ownership, mineral rights, transfer. The limited warranty aspect of this deed guarantees that the seller will defend the buyer's ownership against any claims made by third parties, but only for actions taken during the seller's period of ownership. It does not cover any historical or pre-existing claims. There are different types of Bronx, New York Mineral Deeds with Limited Warranty based on the specific minerals being transferred. Some common types include: 1. Oil and Gas Deed: This deed specifically transfers ownership of oil and gas rights in the specified property. It allows the buyer to explore, extract, and profit from any oil or gas deposits present on the property. 2. Coal Deed: This type of deed focuses on transferring coal rights. It grants the buyer the exclusive rights to extract coal deposits from the property. 3. Mineral Rights Deed: This broader deed encompasses the transfer of various mineral rights, including but not limited to oil, gas, coal, and other valuable minerals present on the property. 4. Gravel and Sand Deed: This deed centers around the transfer of rights to extract gravel and sand. It allows the buyer to use these materials for construction, landscaping, or other relevant purposes. 5. Precious Metals Deed: This type of deed specifically transfers ownership of precious metals, such as gold, silver, or platinum, found on the property. It grants the buyer the right to mine and profit from these valuable resources. It is crucial for both the buyer and the seller to thoroughly review the terms and conditions within the mineral deed before finalizing the transaction. Furthermore, it is recommended to seek legal advice to ensure all rights and obligations are clearly outlined, protecting the interests of both parties. In conclusion, a Bronx, New York Mineral Deed with Limited Warranty is a legal document that transfers ownership of specific minerals or mineral rights from the seller to the buyer in Bronx County, New York. The limited warranty aspect ensures the buyer's ownership is defended against claims made by others during the seller's period of ownership. Different types of mineral deeds exist, including those for oil and gas, coal, gravel and sand, precious metals, and broader mineral rights. Seeking legal counsel is essential to ensure a smooth and protected transaction.