Arizona Mineral Deed with Limited Warranty

State:
Multi-State
Control #:
US-OG-061
Format:
Word; 
Rich Text
Instant download

Description

This form of deed conveys an undivided interest in minerals in specific lands.

How to fill out Mineral Deed With Limited Warranty?

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FAQ

A warranty deed's warranty covers the property's entire history, while a limited warranty deed's warranty covers only the period during which the grantor owned the real estate. Georgia Limited Warranty Deed Form - DeedClaim deedclaim.com ? georgia ? limited-warranty... deedclaim.com ? georgia ? limited-warranty...

A Texas mineral deed with general warranty, used to convey all of the grantor's oil, gas, and other minerals under real property. This Standard Document has integrated notes with explanations and drafting tips. Mineral Deed with General Warranty (TX) | Practical Law - Westlaw westlaw.com ? document ? Mineral-... westlaw.com ? document ? Mineral-...

The most common deed form in Arizona is the warranty deed. Warranty deeds provide protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title.

Unlike a general warranty deed, a special warranty deed doesn't cover title claims over the property's entire history. It only guarantees against title issues that occurred when the seller owned the home. 4 Deed Types in Arizona Real Estate Transactions - AceableAgent aceableagent.com ? blog ? 4-deed-types-ariz... aceableagent.com ? blog ? 4-deed-types-ariz...

Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.

A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

A special warranty deed?also known as a limited warranty deed?is a variation of the general warranty deed. While the word "special" may communicate to a buyer the idea that the deed is of higher quality, the special warranty deed is less comprehensive. It offers less protection due to the limited timeframe it covers. Special Warranty Deed: Definition, Use, Vs. General ... - Investopedia investopedia.com ? terms ? special-warranty... investopedia.com ? terms ? special-warranty...

General Warranty Deed in Arizona The deed includes a guarantee from the grantor (seller) that they hold the title free and clear without any encumbrances on the property. This provides the grantee (buyer) the assurance that they can take ownership of the property without any parties making claims to it.

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Arizona Mineral Deed with Limited Warranty