Connecticut Mineral Deed with Grantor Reserving Executive Rights in the Interest Conveyed - Transfer
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FAQ
Contrary to the law and established custom in other states, the expression ?to have and to hold? (called the ?habendum clause? of a deed) is not necessary, nor are witnesses or seal required. The deed should be dated, but this too is not necessary to its validity.
The ceremony at which the seller of real property turns the deed over to the buyer; this completes the transfer and hands legal title of the property to the transferee. Granting Clause: The clause in the deed that lists the grantor and the grantee and states that the property is being transferred between the parties.
In general terms, the executive right holder is the party who has the right to take or authorize actions which affect the exploration and development of the mineral estate, including the right to execute oil and gas leases. Non-executive mineral interest owners do not have the power to lease the minerals.
There must be a granting clause, operative words of conveyance (e.g., "I hereby grant"); 6. The deed must be signed by the party or parties making the conveyance or grant; and 7.
There must be a granting clause, operative words of conveyance (e.g., "I hereby grant"); 6. The deed must be signed by the party or parties making the conveyance or grant; and 7. It must be delivered and accepted.
A premises (granting) clause is legally required to be included in a deed. This clause names the parties, contains words of conveyance, states a consideration, includes the date of transfer, and provides the legal description of the property being conveyed.
A conveyance is done using an instrument of conveyance?a legal document such as a contract, lease, title, or deed.
Premises Clause. Also known as the granting clause, is the only legally necessary clause required in a deed. ... Habendum Clause. Specifies the legal rights being given. Reddendum Clause. ... Warrants in deeds. ... General Warranty Deed. ... Warrant of Seisin. ... Warrant of quiet enjoyment. ... Warranty Forever.
