Clark Nevada Mineral Deed with Limited Warranty

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

Category:

Oil Gas and Minerals - Deeds

State:

Multi-State

County:

Clark

Control #:

US-OG-061

Format:

Instant download

Description

This form of deed conveys an undivided interest in minerals in specific lands. Clark Nevada Mineral Deed with Limited Warranty is a legal document that transfers ownership of mineral rights located in the county of Clark, Nevada, from one party to another. This type of deed includes a limited warranty, which means that the granter (seller) assures the grantee (buyer) that they have not encumbered or transferred the property to any other party, except as mentioned in the deed. The Clark Nevada Mineral Deed with Limited Warranty is often used in real estate transactions involving mineral rights in Clark County, Nevada. It provides a certain level of protection to the buyer, ensuring that they are obtaining clear and marketable title to the mineral rights being transferred. The limited warranty aspect of the deed means that the granter does not guarantee against any defects in title that may have existed before their ownership. There may be variations or additional types of Clark Nevada Mineral Deeds with Limited Warranty, depending on specific circumstances or situations. Some examples could include: 1. Clark Nevada Mineral Deed with Limited Warranty and Surface Rights: This type of deed not only transfers mineral rights but also includes the surface rights to access and develop those minerals. 2. Clark Nevada Mineral Deed with Limited Warranty for Specific Minerals: This deed is used when only specific minerals or substances are being transferred, such as oil, gas, coal, or precious metals. 3. Clark Nevada Mineral Deed with Limited Warranty for Leased Rights: This deed is used when there is an existing lease agreement on the mineral rights, and the granter is transferring their interest in that lease along with the limited warranty. When drafting or reviewing a Clark Nevada Mineral Deed with Limited Warranty, it is essential to ensure that all relevant details are accurately recorded, such as the legal description of the property, the names of the granter and grantee, the consideration or purchase price, and any specific terms or conditions of the transfer. Overall, the Clark Nevada Mineral Deed with Limited Warranty is a vital legal instrument in the buying and selling of mineral rights in Clark County, Nevada, offering certain assurances and protections to both parties involved in the transaction.

Clark Nevada Mineral Deed with Limited Warranty is a legal document that transfers ownership of mineral rights located in the county of Clark, Nevada, from one party to another. This type of deed includes a limited warranty, which means that the granter (seller) assures the grantee (buyer) that they have not encumbered or transferred the property to any other party, except as mentioned in the deed. The Clark Nevada Mineral Deed with Limited Warranty is often used in real estate transactions involving mineral rights in Clark County, Nevada. It provides a certain level of protection to the buyer, ensuring that they are obtaining clear and marketable title to the mineral rights being transferred. The limited warranty aspect of the deed means that the granter does not guarantee against any defects in title that may have existed before their ownership. There may be variations or additional types of Clark Nevada Mineral Deeds with Limited Warranty, depending on specific circumstances or situations. Some examples could include: 1. Clark Nevada Mineral Deed with Limited Warranty and Surface Rights: This type of deed not only transfers mineral rights but also includes the surface rights to access and develop those minerals. 2. Clark Nevada Mineral Deed with Limited Warranty for Specific Minerals: This deed is used when only specific minerals or substances are being transferred, such as oil, gas, coal, or precious metals. 3. Clark Nevada Mineral Deed with Limited Warranty for Leased Rights: This deed is used when there is an existing lease agreement on the mineral rights, and the granter is transferring their interest in that lease along with the limited warranty. When drafting or reviewing a Clark Nevada Mineral Deed with Limited Warranty, it is essential to ensure that all relevant details are accurately recorded, such as the legal description of the property, the names of the granter and grantee, the consideration or purchase price, and any specific terms or conditions of the transfer. Overall, the Clark Nevada Mineral Deed with Limited Warranty is a vital legal instrument in the buying and selling of mineral rights in Clark County, Nevada, offering certain assurances and protections to both parties involved in the transaction.

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FAQ

Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

The Quitclaim Deed A quitclaim deed provides the least protection for the buyer, and its uses are very limited. This type of deed simply transfers any interest the grantor might have in the property. It doesn't guarantee that the grantor has any interest to convey.

In short, the distinction between the two forms of ?warranty? deeds is that in a general warranty deed, the seller warrants against anything any owner of the property ever did to encumber title and in a special warranty deed the seller only warrants against anything the seller did to encumber title.

A Colorado special warranty deed is a recorded instrument that transfers real estate with limited warranty of title. A warranty of title is an enforceable promise from the property's current owner?the grantor?to the new owner?the grantee?that the property's title is free of defects.

A limited warranty deed, also sometimes known as a special warranty deed, is one in which the grantor warrants title to the grantee against encumbrances made by the grantor for those grantees claiming through the chain of title created by the grantor.

A mineral deed with special warranty in Texas conveys all or part of the oil, gas, and other minerals of a grantor in real property to a grantee, subject to certain warranties covering the grantor's period of ownership.

The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

Mineral rights in Texas are the rights to mineral deposits that exist under the surface of a parcel of property. This right normally belongs to the owner of the surface estate; however, in Texas those rights can be transferred through sale or lease to a second party.

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Deeds. Quit Claim Deeds. To access your property information, enter a property number, assessment code, name, or address in the search box above.Warranty deeds can be looked up at the courthouse of county where the property is situated. This is becoming more common as the value of oil and minerals goes up. They become private property upon being reduced to possession. A special warranty deed only warrants against problems in the property title that occurred during ownership of the property. Their broader aspirations in the 21st century and beyond. Will require follow-up in future audits. Therefore, the scope and objectives of the audits were limited.

Clark Nevada Mineral Deed with Limited Warranty

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What is another name given to a special warranty deed?

Which type of deed warranty is most limited?

What is the difference between a special warranty deed and a general warranty deed in Colorado?

What is a special warranty deed in Colorado?

What is a special warranty deed in Ohio?

What is a mineral deed in Texas?

What deed holds the least amount of warranty?

What is the most common type of warranty deed?

What does it mean to own mineral rights in Texas?

Interesting Questions

What is a Clark Mineral Deed with Limited Warranty?

What does the term 'limited warranty' mean in this context?

How is a Clark Mineral Deed different from a regular deed?

What are mineral rights?

Are there any warranties or guarantees associated with a Clark Mineral Deed with Limited Warranty?

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