Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Suffolk
• 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 Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral rights of a property, while reserving the rights to any coal deposits or mining rights that may exist on the property. This type of warranty deed guarantees that the seller (granter) has clear title to the property and has the authority to sell both the surface and mineral rights to the buyer (grantee). The deed includes a general warranty clause, in which the granter guarantees that they have not granted any other interests or encumbrances on the property, except as explicitly stated in the deed. A Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may also have different variations based on specific circumstances or requirements. These variations might include: 1. Suffolk New York Warranty Deed with Limited Reservation of Coal Rights: This type of warranty deed reserves only a limited portion of the coal rights, allowing the granter to retain a specific percentage or specific coal seams for mining purposes. 2. Suffolk New York Warranty Deed with General Reservation of All Mineral Rights: This variation would include the reservation of all mineral rights, not just coal, to the granter. This might include rights to oil, gas, or other minerals present on the property. 3. Suffolk New York Warranty Deed with Rights of First Refusal: With this type of warranty deed, the granter reserves the right to be offered the first opportunity to purchase or lease any coal or mineral rights if the grantee decides to sell or lease them in the future. In summary, a Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers the ownership of both surface and mineral rights while reserving any coal interests. There may be variations with limited coal reservations or general reservations of all mineral rights, as well as the inclusion of rights of first refusal. These types of deeds are crucial in clarifying ownership and protecting the rights of both parties in real estate transactions involving coal or mineral-rich properties.

A Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used in real estate transactions to transfer ownership of both the surface and mineral rights of a property, while reserving the rights to any coal deposits or mining rights that may exist on the property. This type of warranty deed guarantees that the seller (granter) has clear title to the property and has the authority to sell both the surface and mineral rights to the buyer (grantee). The deed includes a general warranty clause, in which the granter guarantees that they have not granted any other interests or encumbrances on the property, except as explicitly stated in the deed. A Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal may also have different variations based on specific circumstances or requirements. These variations might include: 1. Suffolk New York Warranty Deed with Limited Reservation of Coal Rights: This type of warranty deed reserves only a limited portion of the coal rights, allowing the granter to retain a specific percentage or specific coal seams for mining purposes. 2. Suffolk New York Warranty Deed with General Reservation of All Mineral Rights: This variation would include the reservation of all mineral rights, not just coal, to the granter. This might include rights to oil, gas, or other minerals present on the property. 3. Suffolk New York Warranty Deed with Rights of First Refusal: With this type of warranty deed, the granter reserves the right to be offered the first opportunity to purchase or lease any coal or mineral rights if the grantee decides to sell or lease them in the future. In summary, a Suffolk New York Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document that transfers the ownership of both surface and mineral rights while reserving any coal interests. There may be variations with limited coal reservations or general reservations of all mineral rights, as well as the inclusion of rights of first refusal. These types of deeds are crucial in clarifying ownership and protecting the rights of both parties in real estate transactions involving coal or mineral-rich properties.