An Ohio warranty deed for surface and mineral interests is a legal document that transfers ownership of both the surface and mineral rights of a property from one party (the granter) to another party (the grantee). This type of deed provides assurance and guarantee to the grantee that the granter has clear and marketable title to both the surface and mineral rights, and that the property is free from any claims or encumbrances. The Ohio warranty deed for surface and mineral interests follows the statutory requirements set forth by the Ohio Revised Code (O.R.C.), specifically Chapter 5301 titled "Conveyances." It includes important details such as the names of the granter and grantee, a legal description of the property, the purchase price or consideration, and any applicable terms and conditions. In Ohio, there are no specific sub-types or variations of the warranty deed for surface and mineral interests. However, it is important to note that Ohio is rich in natural resources, particularly oil, gas, and minerals. Therefore, it is common to see warranty deeds that specifically address the transfer of surface and mineral rights together. This ensures that the interests in both the surface and subsurface of the property are properly conveyed to the grantee. The Ohio warranty deed for surface and mineral interests provides important protections for the grantee. By warranting clear title, the granter promises that they hold full ownership rights to both the surface and mineral rights and have the authority to transfer them. Should any defects in title arise, the grantee has legal recourse against the granter. In addition, the warranty deed also often includes language stating that the granter will defend and indemnify the grantee against any claims or disputes related to the surface or mineral rights. This protection ensures that the grantee will not be held responsible for any unforeseen issues that may arise after the transfer of ownership. Using relevant keywords, an Ohio warranty deed for surface and mineral interests may also be referred to as an "Ohio warranty deed for surface and subsurface rights," "Ohio deeds for surface and mineral interests," or "Ohio real estate deed for surface and mineral rights." These terms emphasize the importance of transferring both the surface and mineral rights together in Ohio's unique natural resource-rich landscape.
Ohio Warranty Deed for Surface and Mineral Interests
Description
How to fill out Warranty Deed For Surface And Mineral Interests?
Are you within a placement the place you need papers for both enterprise or individual uses almost every day time? There are a variety of lawful document themes accessible on the Internet, but discovering versions you can depend on is not simple. US Legal Forms delivers thousands of type themes, like the Ohio Warranty Deed for Surface and Mineral Interests, that happen to be composed to fulfill federal and state demands.
In case you are already acquainted with US Legal Forms web site and have your account, merely log in. Following that, it is possible to down load the Ohio Warranty Deed for Surface and Mineral Interests design.
Should you not offer an bank account and want to begin using US Legal Forms, follow these steps:
- Get the type you will need and ensure it is for that right city/county.
- Use the Preview switch to review the form.
- Read the explanation to actually have selected the correct type.
- In case the type is not what you`re seeking, make use of the Research field to find the type that meets your needs and demands.
- When you discover the right type, just click Acquire now.
- Pick the pricing plan you desire, fill in the required information and facts to generate your money, and buy your order utilizing your PayPal or credit card.
- Decide on a practical data file structure and down load your copy.
Get all of the document themes you might have purchased in the My Forms food selection. You can get a more copy of Ohio Warranty Deed for Surface and Mineral Interests any time, if required. Just go through the needed type to down load or produce the document design.
Use US Legal Forms, by far the most extensive variety of lawful types, to conserve efforts and avoid errors. The services delivers professionally made lawful document themes which can be used for a selection of uses. Generate your account on US Legal Forms and start producing your daily life a little easier.
Form popularity
FAQ
A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer). This is in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds perfect title to a piece of real estate.
Surface Rights in Ohio Surface rights are the rights that grant surface owners rights to the surface area of a property. This surface area includes any farm, garage or surrounding land in a property. Mineral Rights in Ohio - Lease, Buy or Sell in OH | Pheasantenergy pheasantenergy.com ? ohio-mineral-rights pheasantenergy.com ? ohio-mineral-rights
If you have non-producing mineral rights and do not receive a royalty check, the value is difficult to determine. You could expect anywhere from $750/acre to $3,000+/acre depending on your location in the county. If you are currently leased, that will also play a role in how much your mineral rights are worth. Value of Mineral Rights in Harrison County Ohio marcellusmineralowners.com ? value-of-mineral-r... marcellusmineralowners.com ? value-of-mineral-r...
General Warranty Deed Most common form of deed in Ohio. If there is just one buyer, title will, upon death, pass to such owner's heirs unless otherwise provided for by the owner's will.
An Ohio limited warranty deed form is a deed that conveys Ohio real estate with limited warranty of title. Warranty of title?which the Ohio statute calls covenants of warranty?is the current owner's guaranty to the new owner that the transferred real estate's title is free of undisclosed title defects. Ohio Limited Warranty Deed Form deedclaim.com ? ohio ? limited-warranty-de... deedclaim.com ? ohio ? limited-warranty-de...
In a Limited Warranty Deed, the seller guarantees that they have not caused any defects in title during their ownership, but they do not warrant against defects that may have existed before their ownership. Essentially, the seller is only responsible for title issues that occurred while they owned the property.
Deed not recognized in Ohio: Ohio does not recognize joint tenancy with right of survivorship?a common-law form of joint ownership under which a surviving co-owner automatically receives a deceased co-owner's interest.
You may have title to mineral rights on a property you own, or they may have been sold or leased by a prior owner, in which case they may not be yours to sell. Real estate law firms can research your chain of title to determine if the mineral rights transferred from owner to owner. Mineral Rights in Ohio | Littlejohn Law, LLC littlejohnlawllc.com ? library ? mineral-right... littlejohnlawllc.com ? library ? mineral-right...