Harris Texas Mineral Deed with Limited Warranty

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

Description

This form of deed conveys an undivided interest in minerals in specific lands. Harris Texas Mineral Deed with Limited Warranty is a legal document used in Harris County, Texas, to transfer ownership of mineral rights from one party to another. This type of deed provides a limited warranty or guarantee of title, meaning the granter (seller) guarantees that they have not done anything to impair or encumber the title they are conveying, but they do not offer any assurances beyond their ownership. The Harris Texas Mineral Deed with Limited Warranty is commonly used in real estate transactions where the seller is only willing to provide a limited level of protection to the buyer regarding the title of the mineral rights being conveyed. It is crucial for both the granter and the grantee to thoroughly understand the terms and implications of this type of deed before executing the transaction. There are no specific subtypes or variations of the Harris Texas Mineral Deed with Limited Warranty. However, it is important to note that the content and language of the deed may vary depending on the specific circumstances of the transaction, the inclusion of additional provisions, and any negotiated terms between the parties involved. The key elements typically included in a Harris Texas Mineral Deed with Limited Warranty are: 1. Parties: The deed will identify the names and roles of the granter (seller) and grantee (buyer), including their legal addresses. 2. Description: A detailed description of the mineral rights being conveyed, including the legal description of the property, such as lot number, section, township, and range. 3. Consideration: The deed should clearly state the consideration or value being exchanged for the transfer of mineral rights. 4. Limited Warranty: The granter will include a limited warranty clause, which assures the grantee that the granter has not done anything to impair the title of the mineral rights but does not protect against any defects or claims that may have existed prior to their ownership. 5. Covenants: Any additional covenants or agreements between the parties may be included, such as payment terms, obligations, or restrictions related to the mineral rights. 6. Execution and Delivery: The deed must be properly executed and acknowledged. Both parties should sign in the presence of a notary public for validity. Remember, it is always recommended consulting with a qualified attorney or legal professional who specializes in real estate transactions and mineral rights to ensure that the Harris Texas Mineral Deed with Limited Warranty accurately reflects the intentions of both the granter and grantee.

Harris Texas Mineral Deed with Limited Warranty is a legal document used in Harris County, Texas, to transfer ownership of mineral rights from one party to another. This type of deed provides a limited warranty or guarantee of title, meaning the granter (seller) guarantees that they have not done anything to impair or encumber the title they are conveying, but they do not offer any assurances beyond their ownership. The Harris Texas Mineral Deed with Limited Warranty is commonly used in real estate transactions where the seller is only willing to provide a limited level of protection to the buyer regarding the title of the mineral rights being conveyed. It is crucial for both the granter and the grantee to thoroughly understand the terms and implications of this type of deed before executing the transaction. There are no specific subtypes or variations of the Harris Texas Mineral Deed with Limited Warranty. However, it is important to note that the content and language of the deed may vary depending on the specific circumstances of the transaction, the inclusion of additional provisions, and any negotiated terms between the parties involved. The key elements typically included in a Harris Texas Mineral Deed with Limited Warranty are: 1. Parties: The deed will identify the names and roles of the granter (seller) and grantee (buyer), including their legal addresses. 2. Description: A detailed description of the mineral rights being conveyed, including the legal description of the property, such as lot number, section, township, and range. 3. Consideration: The deed should clearly state the consideration or value being exchanged for the transfer of mineral rights. 4. Limited Warranty: The granter will include a limited warranty clause, which assures the grantee that the granter has not done anything to impair the title of the mineral rights but does not protect against any defects or claims that may have existed prior to their ownership. 5. Covenants: Any additional covenants or agreements between the parties may be included, such as payment terms, obligations, or restrictions related to the mineral rights. 6. Execution and Delivery: The deed must be properly executed and acknowledged. Both parties should sign in the presence of a notary public for validity. Remember, it is always recommended consulting with a qualified attorney or legal professional who specializes in real estate transactions and mineral rights to ensure that the Harris Texas Mineral Deed with Limited Warranty accurately reflects the intentions of both the granter and grantee.