San Bernardino California is a vibrant city located in the Inland Empire region of Southern California. It offers a diverse array of attractions, including beautiful natural landscapes, cultural gems, and a thriving business community. Within the realm of real estate, specifically regarding property transactions, the Warranty Deed for Surface and Mineral Interests comes into play. This legally binding document signifies the transfer of ownership rights for both the surface and mineral rights of a property, within the jurisdiction of San Bernardino County. A Warranty Deed is a type of deed used to convey an interest in real property, ensuring that the seller (granter) guarantees clear title to the buyer (grantee). In the context of San Bernardino California, a specific type of Warranty Deed involves the reservation of all coal deposits located on the property, along with the traditional surface and mineral interests. This means that the granter retains the right to extract and profit from any coal reserves found on the property while transferring ownership of the remaining surface and mineral rights to the grantee. Keywords: San Bernardino, California, Warranty Deed, Surface and Mineral Interests, Reservation of All Coal, property transactions, real estate, ownership rights, Inland Empire, Southern California, clear title, granter, grantee, coal deposits, extraction rights, profit. While different variations or versions of the Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may exist, they are often categorized by specific clauses or conditions imposed by either party involved in the transaction. Some notable classifications include: 1. General Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This is a standard form of the Warranty Deed where the granter guarantees clear title to the surface and mineral rights, and reserves all coal deposits found on the property. 2. Limited Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed limits the granter's warranty to only the period of their ownership, excluding any previous owners. It still reserves all coal rights. 3. Quitclaim Deed for Surface and Mineral Interests, With Reservation of All Coal: Unlike a general or limited warranty deed, a quitclaim deed offers no warranties or guarantees of clear title. The granter simply conveys their interest in the property, including surface and mineral rights, while holding onto the coal reserves. 4. Special Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This deed warrants that the granter has not caused, and will not cause, any encumbrances or claims on the property during their ownership, except for the reservation of coal rights. It is important to consult with legal professionals or real estate experts in San Bernardino California to fully understand the implications and intricacies of these different types of warranty deeds.
San Bernardino California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal
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Recorder Offices San Bernardino County Recorder. Hall of Records - 222 West Hospitality Ln, 1st floor, San Bernardino, California 92415-0022.Joshua Tree-Satellite Office. 63665 29 Palms Highway-1st Floor, Joshua Tree, California 92252.High Desert Office. Government Center - 15900 Smoke Tree St, Hesperia, California 92345.
Mineral Rights Owner- If you are solely a mineral rights owner, you earn the royalties that come from extracting the minerals from the land in question. You do not have control over what occurs on the surface. As the mineral rights owner, you can sell, mine or produce the gas or oil below the surface.
Mineral rights don't come into effect until you begin to dig below the surface of the property. But the bottom line is: if you do not have the mineral rights to a parcel of land, then you do not have the legal ability to explore, extract, or sell the naturally occurring deposits below.
Remember, the property and the mineral rights are two separate entities. You may have inherited the mineral rights, but you need to know who owns the property if you want to drill. The opposite scenario is to check who owns the mineral rights on the property you inherited.
In California, the law allows the owner of real property to recover lost mineral rights provided that the mineral right is dormant for at least 20 years. A dormant mineral right is one where no exploration, mining, drilling or other operations are present on the property.
The Duhig rule essentially states that, if both a grant and a reservation in a warranty deed cannot be given effect, then the reservation fails.
It is not unusual to see an exception for mines and minerals on a title register for a property. This exception means that any mines and minerals lying underneath the property are not included in the registered title and, as such, the property.
A mineral reservation is a severed subsurface parcel in separate ownership from the rest of the land. Prior owners could have sold minerals to a third party or leased it for the purpose of extracting something and collecting rent and royalties.
In California, mineral rights can be owned independently from the property. If an individual owns the mineral rights to a piece of land, he has a legal right to the minerals beneath the surface. The right's owner can access the minerals using any reasonable perimeters.