Oakland Michigan Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Oakland
• 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. A Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legally binding document used in Oakland, Michigan, to transfer ownership of both surface and mineral rights in a property from the seller (granter) to the buyer (grantee). This type of deed ensures that the grantee receives the property with clear title, free from any undisclosed claims or encumbrances. Keywords: Oakland Michigan, Warranty Deed, Surface Interests, Mineral Interests, Coal Reservation. There are two main variations of the Oakland Michigan Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Basic Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed transfer grants the buyer full ownership rights to both the surface and mineral rights of the property. It ensures that the grantee has full and clear title to the property, and the granter reserves all rights to the coal deposits found within the property as specified in the deed. The deed also includes warranties from the granter, guaranteeing the title's validity and the absence of any undisclosed claims. 2. Limited Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: In this version of the deed, the granter provides limited warranties to the grantee. The granter guarantees that they have not personally encumbered the property but does not make assurances against any undisclosed claims made by previous owners. The limited warranty deed offers fewer guarantees compared to the basic warranty deed but still transfers ownership of both the surface and mineral rights to the grantee. Both types of deeds are recorded at the Oakland County Register of Deeds to provide a public record of the transaction. It is essential to consult with a qualified real estate attorney or professional when dealing with transfers of surface and mineral rights to ensure compliance with local laws and regulations. In conclusion, the Oakland Michigan Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legal instrument used to transfer ownership of both surface and mineral rights in a property, while reserving the coal rights to the granter. Different variations of this deed exist, including the basic warranty deed and the limited warranty deed, each offering varying levels of warranties to the grantee.

A Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legally binding document used in Oakland, Michigan, to transfer ownership of both surface and mineral rights in a property from the seller (granter) to the buyer (grantee). This type of deed ensures that the grantee receives the property with clear title, free from any undisclosed claims or encumbrances. Keywords: Oakland Michigan, Warranty Deed, Surface Interests, Mineral Interests, Coal Reservation. There are two main variations of the Oakland Michigan Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: 1. Basic Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed transfer grants the buyer full ownership rights to both the surface and mineral rights of the property. It ensures that the grantee has full and clear title to the property, and the granter reserves all rights to the coal deposits found within the property as specified in the deed. The deed also includes warranties from the granter, guaranteeing the title's validity and the absence of any undisclosed claims. 2. Limited Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: In this version of the deed, the granter provides limited warranties to the grantee. The granter guarantees that they have not personally encumbered the property but does not make assurances against any undisclosed claims made by previous owners. The limited warranty deed offers fewer guarantees compared to the basic warranty deed but still transfers ownership of both the surface and mineral rights to the grantee. Both types of deeds are recorded at the Oakland County Register of Deeds to provide a public record of the transaction. It is essential to consult with a qualified real estate attorney or professional when dealing with transfers of surface and mineral rights to ensure compliance with local laws and regulations. In conclusion, the Oakland Michigan Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, is a legal instrument used to transfer ownership of both surface and mineral rights in a property, while reserving the coal rights to the granter. Different variations of this deed exist, including the basic warranty deed and the limited warranty deed, each offering varying levels of warranties to the grantee.