Hennepin Minnesota Mineral Deed with Limited Warranty

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

Description

This form of deed conveys an undivided interest in minerals in specific lands. The Hennepin Minnesota Mineral Deed with Limited Warranty is a legal document used in Hennepin County, Minnesota, to transfer ownership rights of mineral interests from one party to another. This deed provides a limited warranty, meaning that the granter (seller) guarantees to the grantee (buyer) that they have not done anything to encumber or limit the title to the mineral interests, except as specifically disclosed. This type of mineral deed is commonly used in Hennepin County and other parts of Minnesota to convey ownership of mineral rights while offering some protection to the buyer against certain title defects. It ensures that the granter has the legal right to transfer the mineral interests and will defend the buyer against claims made by any party with a legitimate interest in those minerals. There may be variations or specific types of Hennepin Minnesota Mineral Deeds with Limited Warranty, tailored to meet specific requirements or circumstances such as: 1. Hennepin Minnesota Mineral Deed with Limited Warranty for Specific Mineral Interest: This type of deed is used when the seller wants to transfer ownership of a specific mineral interest, whether it is oil, gas, coal, or any other type of valuable mineral. 2. Hennepin Minnesota Mineral Deed with Limited Warranty for Multiple Mineral Interests: If the seller intends to transfer multiple types of mineral interests under one deed, this variation can be utilized. It ensures that all specified mineral interests are conveyed with limited warranty. 3. Hennepin Minnesota Mineral Deed with Limited Warranty for Undivided Interests: In cases where the seller owns only a portion (undivided interest) of the mineral rights, this variation of the deed is appropriate. It conveys the seller's undivided interest alongside the limited warranty. 4. Hennepin Minnesota Mineral Deed with Limited Warranty for Leasehold Interests: When the seller holds leasehold interests in minerals instead of outright ownership, this type of deed can be used to transfer those interests with a limited warranty. By utilizing the Hennepin Minnesota Mineral Deed with Limited Warranty, both buyers and sellers can ensure a legally sound transfer of mineral ownership rights while minimizing potential risks. It provides a measure of protection for the buyer, reassuring them that the title to the mineral interests being conveyed is relatively free from encumbrances or defects, except for any limitations specifically disclosed in the deed.

The Hennepin Minnesota Mineral Deed with Limited Warranty is a legal document used in Hennepin County, Minnesota, to transfer ownership rights of mineral interests from one party to another. This deed provides a limited warranty, meaning that the granter (seller) guarantees to the grantee (buyer) that they have not done anything to encumber or limit the title to the mineral interests, except as specifically disclosed. This type of mineral deed is commonly used in Hennepin County and other parts of Minnesota to convey ownership of mineral rights while offering some protection to the buyer against certain title defects. It ensures that the granter has the legal right to transfer the mineral interests and will defend the buyer against claims made by any party with a legitimate interest in those minerals. There may be variations or specific types of Hennepin Minnesota Mineral Deeds with Limited Warranty, tailored to meet specific requirements or circumstances such as: 1. Hennepin Minnesota Mineral Deed with Limited Warranty for Specific Mineral Interest: This type of deed is used when the seller wants to transfer ownership of a specific mineral interest, whether it is oil, gas, coal, or any other type of valuable mineral. 2. Hennepin Minnesota Mineral Deed with Limited Warranty for Multiple Mineral Interests: If the seller intends to transfer multiple types of mineral interests under one deed, this variation can be utilized. It ensures that all specified mineral interests are conveyed with limited warranty. 3. Hennepin Minnesota Mineral Deed with Limited Warranty for Undivided Interests: In cases where the seller owns only a portion (undivided interest) of the mineral rights, this variation of the deed is appropriate. It conveys the seller's undivided interest alongside the limited warranty. 4. Hennepin Minnesota Mineral Deed with Limited Warranty for Leasehold Interests: When the seller holds leasehold interests in minerals instead of outright ownership, this type of deed can be used to transfer those interests with a limited warranty. By utilizing the Hennepin Minnesota Mineral Deed with Limited Warranty, both buyers and sellers can ensure a legally sound transfer of mineral ownership rights while minimizing potential risks. It provides a measure of protection for the buyer, reassuring them that the title to the mineral interests being conveyed is relatively free from encumbrances or defects, except for any limitations specifically disclosed in the deed.