Massachusetts Gift Deed of Mineral Interest with No Warranty

State:
Multi-State
Control #:
US-OG-059
Format:
Word; 
Rich Text
Instant download

Description

This form of deed conveys an interest in minerals, as a gift. In States, such as Texas, recognizing community property, a gift deed creates separate property in the grantee.

How to fill out Gift Deed Of Mineral Interest With No Warranty?

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FAQ

Good to know: Beware that a Gift Deed cannot be revoked. Once the property is given away, you cannot get it back unless the person who received it transfers it back.

A Texas gift deed must include the following information: 1. The names and addresses of the parties, including the grantor (the person giving the gift) and the grantee (the person receiving the gift). 2. The legal description of the property, including the address, if applicable.

A grant deed is the most common method Californians use to transfer title to real property.

Under Texas law, a forged deed is void. However, a deed procured by fraud is voidable rather than void. The legal terms ?Void? and ?Voidable? sound alike, but they are vastly different. A void instrument passes no title, and is treated as a nullity.

Gift Deed or Warranty Deed? Words Have Consequences. Generally, in an unambiguous deed, parol evidence cannot be used to ascertain the intent of the parties, so a warranty deed will be held to be a purchase and not a gift, and gift deed will be a gift. Parol evidence will not be received to contradict the instrument.

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Massachusetts Gift Deed of Mineral Interest with No Warranty