Hawaii Deed (As to Specified Subsurface Depths) is a type of legal document used in the state of Hawaii to transfer ownership or interest in real estate, specifically addressing the subsurface depths of the property. This specialized deed ensures that the buyer or grantee obtains specific rights and title to the subsurface layers, including minerals, oil, gas, water, and other valuable resources present beneath the surface. These types of deeds are typically used when there is the potential for significant subsurface resources on the property, making it necessary to delineate ownership rights beyond the traditional surface-level conveyance. The Hawaii Deed (As to Specified Subsurface Depths) provides a clear and enforceable legal framework for both parties involved in the transaction. There are several variations or types of Hawaii Deed (As to Specified Subsurface Depths) that individuals may encounter: 1. Mineral Deed: A Hawaii Mineral Deed focuses solely on the transfer of mineral rights, such as oil, gas, coal, and other valuable materials below the surface of the property. This deed ensures that the grantee holds exclusive rights to extract or benefit from these minerals. 2. Water Rights Deed: This variation of Hawaii Deed (As to Specified Subsurface Depths) specifically addresses the transfer of water rights associated with the property. It ensures that the grantee gains legal control over water sources and their usage, such as wells, springs, or rivers. 3. Geothermal Deed: Geothermal energy is abundant in Hawaii, and this type of deed is specifically designed to transfer ownership of geothermal rights. The grantee will have the exclusive right to explore, extract, and utilize geothermal energy beneath the surface. 4. Subsurface Easement Deed: This deed grants a specific easement to the grantee, allowing them access to subsurface depths for various purposes, such as mining, drilling, or exploration. It may also outline any limitations or restrictions. It is important to consult with a real estate attorney or a trusted legal professional to determine the specific requirements and implications of a Hawaii Deed (As to Specified Subsurface Depths). The exact terms and conditions of these deeds may vary depending on the nature of the property and the resources involved, ensuring clarity and protection for all parties involved in the transfer of subsurface rights.
Hawaii Deed (As to Specified Subsurface Depths)
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How to fill out Hawaii Deed (As To Specified Subsurface Depths)?
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A: A new deed needs to be prepared that will convey the existing interest to the new title holders referencing the new tenancy. The BOC recommends working with an attorney or title company to ensure the documents are properly prepared and to address possible legal and tax issues due to tenancy changes. Bureau of Conveyances | FAQs Department of Land and Natural Resources (.gov) ? boc ? faqs Department of Land and Natural Resources (.gov) ? boc ? faqs
A Hawaii general warranty deed form transfers real estate with complete warranty of title. The current owner guarantees that the new owner will receive a good, clear title. The guarantee covers the property's entire chain of title.
The deed or assignment of lease must be signed (in black ink) by the current owner and the new owner before a notary public. The deed or assignment of lease must be recorded in the State of Hawaii Bureau of Conveyances or Land Court. A Conveyance Tax Certificate must be filed and any tax due must be paid.
