The Kings New York Quitclaim Deed for Mineral/Royalty Interest is a legal document used for transferring ownership of mineral or royalty interests between parties in Kings County, New York. This type of deed is commonly used in real estate transactions involving the transfer of rights, such as oil, gas, minerals, or other natural resources. A quitclaim deed is a legal instrument that transfers a person's interest or claim to a property without providing any warranties or guarantees. It simply "quits" or relinquishes any claim the granter may have on the property to the grantee. In the case of mineral or royalty interests, this deed allows the transfer of ownership rights from the granter to the grantee. The Kings New York Quitclaim Deed for Mineral/Royalty Interest specifies the details of the transaction, including the names of the parties involved (granter and grantee), a detailed legal description of the property, and the terms of the transfer. It is essential to have a clear and accurate legal description to avoid any confusion or disputes in the future. Keywords: Kings New York Quitclaim Deed, mineral interests, royalty interests, real estate transactions, ownership transfer, legal instrument, warranty, guarantee, property rights, granter, grantee, legal description, oil, gas, natural resources, transfer of rights. Different types of Kings New York Quitclaim Deeds for Mineral/Royalty Interest may include variations based on specific mineral types (i.e., oil, gas, coal), different royalty percentages, distinct geological areas, or varying lease terms. These specific types may require additional documentation or provisions to ensure the proper transfer and protection of the parties' rights and interests.
Kings New York Quitclaim Deed for Mineral / Royalty Interest
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