Kings New York Warranty Deed for Surface and Mineral Interests

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Kings
• Control #: US-OG-532
• Format: Word; Rich Text

Description

This is a form of a Warranty Deed that includes both Surface and Mineral Interests. A Kings New York Warranty Deed for Surface and Mineral Interests is a legal document that outlines the transfer of ownership rights for both surface and mineral interests in a property located in Kings County, New York. This particular type of warranty deed ensures that the granter (seller) has full legal rights to sell and transfer both the surface rights (land) and mineral rights (subsurface resources such as oil, gas, or minerals) to the grantee (buyer). By executing this warranty deed, the granter guarantees that they have clear title to the property and the right to transfer both surface and mineral interests to the grantee. This provides the grantee with a higher level of protection compared to a quitclaim deed, as the warranty deed guarantees that the granter will defend the grantee against any claims or disputes over the property title, whether it pertains to surface or mineral rights. The Kings New York Warranty Deed for Surface and Mineral Interests may exist in various forms, depending on the specific terms and conditions agreed upon between the parties involved. Different variations may include: 1. Single Granter to Single Grantee: This scenario involves the transfer of surface and mineral interests from a single seller (granter) to a single buyer (grantee). 2. Co-owners to Single Grantee: In cases where multiple individuals or entities jointly own the property, this type of warranty deed allows for the transfer of surface and mineral interests to a single buyer. 3. Co-owners to Co-owners: This version involves the transfer of surface and mineral interests between multiple sellers and multiple buyers, where each party holds a portion of the interests being conveyed. It is crucial to consult an attorney or real estate professional to ensure the proper drafting and recording of a Kings New York Warranty Deed for Surface and Mineral Interests, as the specific requirements and procedures may vary across jurisdictions.

A Kings New York Warranty Deed for Surface and Mineral Interests is a legal document that outlines the transfer of ownership rights for both surface and mineral interests in a property located in Kings County, New York. This particular type of warranty deed ensures that the granter (seller) has full legal rights to sell and transfer both the surface rights (land) and mineral rights (subsurface resources such as oil, gas, or minerals) to the grantee (buyer). By executing this warranty deed, the granter guarantees that they have clear title to the property and the right to transfer both surface and mineral interests to the grantee. This provides the grantee with a higher level of protection compared to a quitclaim deed, as the warranty deed guarantees that the granter will defend the grantee against any claims or disputes over the property title, whether it pertains to surface or mineral rights. The Kings New York Warranty Deed for Surface and Mineral Interests may exist in various forms, depending on the specific terms and conditions agreed upon between the parties involved. Different variations may include: 1. Single Granter to Single Grantee: This scenario involves the transfer of surface and mineral interests from a single seller (granter) to a single buyer (grantee). 2. Co-owners to Single Grantee: In cases where multiple individuals or entities jointly own the property, this type of warranty deed allows for the transfer of surface and mineral interests to a single buyer. 3. Co-owners to Co-owners: This version involves the transfer of surface and mineral interests between multiple sellers and multiple buyers, where each party holds a portion of the interests being conveyed. It is crucial to consult an attorney or real estate professional to ensure the proper drafting and recording of a Kings New York Warranty Deed for Surface and Mineral Interests, as the specific requirements and procedures may vary across jurisdictions.