Sacramento California Mineral Deed with Limited Warranty

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

Description

This form of deed conveys an undivided interest in minerals in specific lands. A Sacramento California Mineral Deed with Limited Warranty is a legal document that transfers ownership of mineral rights from one party to another in Sacramento County, California. This type of deed is commonly used when selling or transferring mineral rights alone, without transferring the ownership of the surface land. The Sacramento California Mineral Deed with Limited Warranty includes several important components. Firstly, it includes the names and addresses of the Granter (seller) and Grantee (buyer). It also specifies the legal description of the property, detailing its boundaries and location within Sacramento County. One key feature of this deed is the limited warranty clause. This clause states that the Granter guarantees they have the legal right to transfer the mineral rights but does not provide a full warranty of title like a general warranty deed. It means that the Granter only guarantees that they have not personally encumbered the mineral rights, but any previous claims or defects may still exist. The buyer assumes the risk of any undisclosed claims on the property. The Sacramento California Mineral Deed with Limited Warranty also ensures that the Granter holds the right to convey the mineral rights free from any liens or encumbrances unless stated otherwise in the deed. It may also include any restrictions or reservations that the Granter wishes to impose on the use of the mineral rights, such as limiting extraction or exploration activities. It is worth mentioning that there are no specific types of Sacramento California Mineral Deeds with Limited Warranty. However, variations in language and provisions can occur depending on the specific circumstances of the transfer, such as whether the mineral rights are being transferred in full or partially, or if there are any additional agreements between the parties involved. In conclusion, a Sacramento California Mineral Deed with Limited Warranty is a legal instrument used to transfer mineral rights in Sacramento County, California. It ensures the Granter's limited warranty of title and includes crucial details about the property, responsibilities, and any restrictions or reservations imposed.

A Sacramento California Mineral Deed with Limited Warranty is a legal document that transfers ownership of mineral rights from one party to another in Sacramento County, California. This type of deed is commonly used when selling or transferring mineral rights alone, without transferring the ownership of the surface land. The Sacramento California Mineral Deed with Limited Warranty includes several important components. Firstly, it includes the names and addresses of the Granter (seller) and Grantee (buyer). It also specifies the legal description of the property, detailing its boundaries and location within Sacramento County. One key feature of this deed is the limited warranty clause. This clause states that the Granter guarantees they have the legal right to transfer the mineral rights but does not provide a full warranty of title like a general warranty deed. It means that the Granter only guarantees that they have not personally encumbered the mineral rights, but any previous claims or defects may still exist. The buyer assumes the risk of any undisclosed claims on the property. The Sacramento California Mineral Deed with Limited Warranty also ensures that the Granter holds the right to convey the mineral rights free from any liens or encumbrances unless stated otherwise in the deed. It may also include any restrictions or reservations that the Granter wishes to impose on the use of the mineral rights, such as limiting extraction or exploration activities. It is worth mentioning that there are no specific types of Sacramento California Mineral Deeds with Limited Warranty. However, variations in language and provisions can occur depending on the specific circumstances of the transfer, such as whether the mineral rights are being transferred in full or partially, or if there are any additional agreements between the parties involved. In conclusion, a Sacramento California Mineral Deed with Limited Warranty is a legal instrument used to transfer mineral rights in Sacramento County, California. It ensures the Granter's limited warranty of title and includes crucial details about the property, responsibilities, and any restrictions or reservations imposed.