Travis Texas Warranty Deed for Surface and Mineral Interests

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

Description

This is a form of a Warranty Deed that includes both Surface and Mineral Interests. Travis Texas Warranty Deed for Surface and Mineral Interests is a legal document used in Travis County, Texas, to transfer ownership of both surface and mineral rights from one party to another. This type of warranty deed provides assurances and guarantees to the buyer that the seller holds clear and marketable title to both the surface and mineral interests being conveyed. This particular deed is commonly used in situations where properties have valuable mineral resources or reserves, such as oil, gas, or minerals like coal and limestone. It ensures that the buyer acquires not only the surface rights but also the rights to extract, develop, and profit from the subsurface minerals present on the property. Different types of Travis Texas Warranty Deed for Surface and Mineral Interests can include variations based on specific circumstances or additional provisions that parties may choose to include. Some popular types of warranty deeds in this category may include: 1. General Warranty Deed: This version of the deed provides the highest level of assurance to the buyer, as it guarantees the seller's ownership and the underlying surface and mineral interests against any claims, encumbrances, or defects, whether known or unknown. 2. Special Warranty Deed: Unlike the general warranty deed, this type of warranty deed only guarantees the seller's ownership and the title against claims, encumbrances, or defects that occurred during the seller's ownership period. It does not cover any previous issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: Although not a warranty deed, a quitclaim deed can also be used to transfer surface and mineral interests. However, it provides the least amount of protection to the buyer, as the seller only transfers whatever rights they have in the property without making any warranties or guarantees. When drafting or utilizing a Travis Texas Warranty Deed for Surface and Mineral Interests, it is important to consult with a qualified real estate attorney or a title company to ensure compliance with local laws and to address any specific requirements or circumstances related to the property in question.

Travis Texas Warranty Deed for Surface and Mineral Interests is a legal document used in Travis County, Texas, to transfer ownership of both surface and mineral rights from one party to another. This type of warranty deed provides assurances and guarantees to the buyer that the seller holds clear and marketable title to both the surface and mineral interests being conveyed. This particular deed is commonly used in situations where properties have valuable mineral resources or reserves, such as oil, gas, or minerals like coal and limestone. It ensures that the buyer acquires not only the surface rights but also the rights to extract, develop, and profit from the subsurface minerals present on the property. Different types of Travis Texas Warranty Deed for Surface and Mineral Interests can include variations based on specific circumstances or additional provisions that parties may choose to include. Some popular types of warranty deeds in this category may include: 1. General Warranty Deed: This version of the deed provides the highest level of assurance to the buyer, as it guarantees the seller's ownership and the underlying surface and mineral interests against any claims, encumbrances, or defects, whether known or unknown. 2. Special Warranty Deed: Unlike the general warranty deed, this type of warranty deed only guarantees the seller's ownership and the title against claims, encumbrances, or defects that occurred during the seller's ownership period. It does not cover any previous issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: Although not a warranty deed, a quitclaim deed can also be used to transfer surface and mineral interests. However, it provides the least amount of protection to the buyer, as the seller only transfers whatever rights they have in the property without making any warranties or guarantees. When drafting or utilizing a Travis Texas Warranty Deed for Surface and Mineral Interests, it is important to consult with a qualified real estate attorney or a title company to ensure compliance with local laws and to address any specific requirements or circumstances related to the property in question.