Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Maricopa
• Control #: US-OG-319
• Format: Word; Rich Text

Description

This form is used by the grantor to convey, sell and assign to the grantee, all of the surface estate including the oil, gas, and mineral interest located in and under the lands. Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both surface and mineral rights with a specific reservation for coal resources. This deed is an essential tool for anyone engaged in real estate transactions involving properties in Maricopa, Arizona, that have significant coal deposits. The Maricopa Arizona Warranty Deed grants the buyer, known as the grantee, the full ownership rights to both the surface and mineral interests of a property. This means that not only does the grantee gain control over the physical land, but they also acquire the rights to extract and utilize any mineral resources present, except for coal. The seller or granter, on the other hand, reserves the right to continue mining coal or authorizing others to do so. By specifying the reservation of all coal deposits, the Maricopa Arizona Warranty Deed provides clarity and protection to both parties involved in the transaction. It ensures that the grantee understands that they are not entitled to any coal resources present on the property and that the granter retains exclusive rights for coal mining activities. Different types of Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may include variations based on specific terms, conditions, and additional reserved rights. For example, there could be a warranty deed that reserves not only coal but also other valuable minerals like oil, gas, or precious metals. Each variation would have a distinct legal language outlining the scope of mineral reservation and any other specificities relevant to the given transaction. In summary, the Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is an important legal instrument used when transferring ownership rights to a property while retaining exclusive rights for coal mining activities. It ensures transparency and protection for both parties involved in real estate transactions involving properties with significant coal deposits in Maricopa, Arizona.

Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers ownership of both surface and mineral rights with a specific reservation for coal resources. This deed is an essential tool for anyone engaged in real estate transactions involving properties in Maricopa, Arizona, that have significant coal deposits. The Maricopa Arizona Warranty Deed grants the buyer, known as the grantee, the full ownership rights to both the surface and mineral interests of a property. This means that not only does the grantee gain control over the physical land, but they also acquire the rights to extract and utilize any mineral resources present, except for coal. The seller or granter, on the other hand, reserves the right to continue mining coal or authorizing others to do so. By specifying the reservation of all coal deposits, the Maricopa Arizona Warranty Deed provides clarity and protection to both parties involved in the transaction. It ensures that the grantee understands that they are not entitled to any coal resources present on the property and that the granter retains exclusive rights for coal mining activities. Different types of Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may include variations based on specific terms, conditions, and additional reserved rights. For example, there could be a warranty deed that reserves not only coal but also other valuable minerals like oil, gas, or precious metals. Each variation would have a distinct legal language outlining the scope of mineral reservation and any other specificities relevant to the given transaction. In summary, the Maricopa Arizona Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is an important legal instrument used when transferring ownership rights to a property while retaining exclusive rights for coal mining activities. It ensures transparency and protection for both parties involved in real estate transactions involving properties with significant coal deposits in Maricopa, Arizona.