Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Sacramento
• 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 Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions pertaining to the transfer of ownership rights in both the land and minerals located on it. This type of deed provides the buyer with a guarantee or warranty that the property being sold is free from any claims or defects, and that the seller has the legal right to transfer ownership. The key purpose of this particular warranty deed is to explicitly reserve all coal rights to the seller, meaning that the buyer only acquires the surface and mineral interests other than coal. This reservation ensures that the seller retains the exclusive rights to any coal deposits found within the property. Different types of Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal include: 1. General Warranty Deed: This type of Sacramento warranty deed provides the broadest level of protection to the buyer by warranting that the title is clear and free from any defects throughout the entire history of the property. 2. Special Warranty Deed: A special warranty deed guarantees that the title is clear from any defects or claims solely during the time the current seller has owned the property. It offers a more limited warranty compared to the general warranty deed. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed does not provide any warranty or guarantee with respect to the title. Instead, it only transfers the property rights the seller currently possesses, without confirming whether the title is clear or not. It is typically used in situations where the seller is not making any warranties and is suitable for transferring surface and mineral interests with the coal reservation. When engaging in a real estate transaction involving a Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, it is essential to consult with a qualified real estate attorney to ensure the legality and accuracy of the document, as well as to address any specific concerns that may arise during the process.

A Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions pertaining to the transfer of ownership rights in both the land and minerals located on it. This type of deed provides the buyer with a guarantee or warranty that the property being sold is free from any claims or defects, and that the seller has the legal right to transfer ownership. The key purpose of this particular warranty deed is to explicitly reserve all coal rights to the seller, meaning that the buyer only acquires the surface and mineral interests other than coal. This reservation ensures that the seller retains the exclusive rights to any coal deposits found within the property. Different types of Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal include: 1. General Warranty Deed: This type of Sacramento warranty deed provides the broadest level of protection to the buyer by warranting that the title is clear and free from any defects throughout the entire history of the property. 2. Special Warranty Deed: A special warranty deed guarantees that the title is clear from any defects or claims solely during the time the current seller has owned the property. It offers a more limited warranty compared to the general warranty deed. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed does not provide any warranty or guarantee with respect to the title. Instead, it only transfers the property rights the seller currently possesses, without confirming whether the title is clear or not. It is typically used in situations where the seller is not making any warranties and is suitable for transferring surface and mineral interests with the coal reservation. When engaging in a real estate transaction involving a Sacramento California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, it is essential to consult with a qualified real estate attorney to ensure the legality and accuracy of the document, as well as to address any specific concerns that may arise during the process.