A California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document used to transfer ownership of both surface and mineral rights from one party to another in California. This type of deed ensures that the seller gives a guarantee or warranty to the buyer regarding the property's title, promising that it is free from any defects or claims. Keywords: California, Warranty Deed, Surface and Mineral Interests, With Reservation, All Coal, ownership, transfer, guarantee, warranty, defects, claims. There are different types of California Warranty Deeds for Surface and Mineral Interests, With Reservation of All Coal, categorized based on specific variations and scenarios, which include: 1. General California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed involves a straightforward transfer of surface and mineral rights, with the seller guaranteeing clear title and reserving all coal rights to themselves. 2. California Grant Deed for Surface and Mineral Interests, With Reservation of All Coal: A Grant Deed is commonly used in California to transfer ownership rights. This variation applies the same principles as the general warranty deed but may have slight differences in wording or requirements. 3. Quitclaim California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed is often used when there might be doubts about the title or when the seller wants to transfer their interest without providing any warranties or guarantees. It carries minimal protection for the buyer. 4. Special California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This variant may be used when additional conditions or limitations are placed on the transfer of surface and mineral rights. These conditions could include specific restrictions on mining activities or required permissions for exploration. It is essential to consult with a qualified attorney or legal professional to determine the most suitable type of California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal based on individual circumstances and legal requirements.
California Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal
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FAQ
Warranty deeds are rare in California. A warranty deed contains express covenants of title. The special feature of warranty deeds is that the grantor promises to pay for any lawsuits or damages due to undisclosed ownership disputes.
A property title transfer in California looks like this: The signing of the purchase agreement. A title search is carried out. Escrow is opened. The buyer obtains title insurance. The deed is prepared (most commonly a grant deed). The grantor signs the deed in the presence of a notary public.
Take both the quitclaim deed form and the PCOR to the County Recorder or Clerk's office and ask to file. You must pay a recording fee. The recording fee will vary by county, but you can expect as a range to pay between $6 and $21 for the first page and $3 for any additional page.
A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.
A California special warranty deed allows the title to real property to be transferred with guarantees against claims and liens while the grantor owned the property. The buyer (grantee) will have to conduct a title search to discover any outstanding claims before the grantor's ownership.
A North Carolina warranty deed must meet North Carolina's deed requirements and include essential information to describe the transfer. Essential information includes the grantor's and grantee's names and addresses, a legal description of the property being transferred, and the name of the person who prepared the deed.