Hillsborough Florida Quitclaim Deed for Mineral / Royalty Interest is a legal document that transfers ownership of mineral rights or royalty interests from one party to another in the county of Hillsborough, Florida. This type of deed is commonly used in real estate transactions involving the transfer of ownership or certain rights to minerals, oil, gas, or other valuable substances found on a property. A Hillsborough Florida Quitclaim Deed for Mineral / Royalty Interest is designed to provide a clear record of the transfer and establish the new owner's rights over the minerals or royalties. It acts as a legal guarantee for the buyer, ensuring that they will have exclusive access and ownership to the specified mineral or royalty interest. There are several types of Hillsborough Florida Quitclaim Deed for Mineral / Royalty Interest, each tailored to specific situations or requirements. Some of the most common types include: 1. Individual Mineral / Royalty Interest Quitclaim Deed: This type of deed is used when an individual owner wishes to convey or transfer their mineral or royalty interest to another party, either partially or entirely. 2. Company-to-Individual Quitclaim Deed: This deed is utilized when a company, such as an oil or gas exploration company, wants to transfer the mineral or royalty interest to an individual or vice versa. 3. Partial Transfer Quitclaim Deed: In certain cases, only a portion of the mineral or royalty interest is transferred. This type of quitclaim deed specifies the fraction or percentage of the interest being conveyed. 4. Full Interest Transfer Quitclaim Deed: This document signifies the complete transfer of the mineral or royalty interest, giving the new owner exclusive ownership and control over the specified rights. It is essential to consult with a knowledgeable attorney or real estate professional experienced in Hillsborough County, Florida laws to ensure all legal requirements are met when utilizing a Quitclaim Deed for Mineral / Royalty Interest. This will help prevent any potential disputes or issues in the future and protect the rights of both the buyer and the seller. In conclusion, a Hillsborough Florida Quitclaim Deed for Mineral / Royalty Interest is a legally binding document that facilitates the transfer of ownership or certain rights to minerals or royalties in Hillsborough County, Florida. There are various types of quitclaim deeds specific to different scenarios, each serving a unique purpose to ensure a smooth and lawful transaction.
Hillsborough Florida Quitclaim Deed for Mineral / Royalty Interest
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FAQ
Cost of a Quitclaim Deed in Florida With an attorney, a quitclaim deed costs between $250 to $350 in most cases.
A quit claim deed should be filed with the Clerk of Court in the county where the property is located. This will involve taking the deed to the Clerk's office and paying the required filing fee (typically about $10.00 for a one-page quit claim deed).
Florida Recorders Real property records are maintained by the office of the Clerk of Court or their respective recording division in the county where the property is located.
How do I obtain a copy of my deed or other recorded instrument? View and print the record for free through the Official Records Search. Order certified copies with your credit card at . Visit the Recording Department in person and request copies.
Download the Declaration of Domicile form, which must be submitted to the Clerk for recording, along with a check for the recording fee of $10 made payable to "Clerk of the Circuit Court" and either mailed to Clerk of Court & Comptroller, PO Box 3249, Tampa FL 33601-3249 or submitted in person at Room 140, 401 Pierce
What Is A Royalty Deed? A royalty deed gives its holder the right to receive a percentage of the profits from the sale of the minerals, if and when they are actually produced. This kind of legal document does not convey all of the mineral rights to the holder, only the right to receive royalties.
The above documents and payment can be electronically recorded using an e-Recording vendor (see e-Recording Services FAQ above), mailed to Hillsborough County Clerk of Court Official Records, PO Box 3249, Tampa FL 33602-3249, or recorded in person at our Official Records service locations.
The Clerk of Court Recording Department records, indexes, and archives all documents that create the Official Records of Hillsborough County.
A quitclaim deed in Florida allows a person (grantor) to transfer whatever title they have in real property to someone else (grantee). If the grantor has good and valid legal title, free and clear of all encumbrances, then the Florida quitclaim deed will transfer it.
The comptroller's office charges a small fee for the deed's filing in the form of a documentary stamp tax, levied at 70 cents per $100 of the sale or transfer amount. There will also be a $10 fee for the first page of the document and $8.50 for each additional page.
