A South Dakota Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal is a legal document utilized in real estate transactions involving the transfer of ownership rights to both the surface and mineral rights of a property, while retaining the rights to any coal resources found beneath it. This type of deed ensures that the buyer receives full ownership and protection against any claims or encumbrances regarding the surface and mineral rights, except coal reserves. In South Dakota, there are two main variations of the Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal, depending on the specific requirements and circumstances of the transaction: 1. South Dakota Individual Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This document is used when an individual or a sole owner is transferring ownership of their property's surface and mineral rights to another individual or entity, while retaining the rights to any coal resources present. It includes relevant information about both parties involved, details of the property being transferred, and a clear description of the reservation of coal rights. 2. South Dakota Corporation Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal: This type of deed is specific to transactions involving corporations or other entities transferring ownership of surface and mineral rights, with a reservation of all coal beneath the property. It includes information about the corporation/entity executing the deed, details of the property, and a comprehensive description of the coal reservation. Key terms and phrases that are relevant to this content include: South Dakota, warranty deed, surface and mineral interests, reservation of all coal, real estate transactions, ownership rights, property transfer, claims, encumbrances, coal resources, individual, corporation, legal document. Disclaimer: This information is provided for general informational purposes only and should not be construed as legal advice. Please consult with a qualified attorney for advice regarding your specific situation.
South Dakota Warranty Deed for Surface and Mineral Interests, With Reservation of All Coal
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Imposition and amount of real estate transfer fee. A fee is hereby imposed at the rate of fifty cents for each five hundred dollars of value or fraction thereof upon the privilege of transferring title to real property in the State of South Dakota, which fee shall be paid by the grantor. Codified Law 43-4 | South Dakota Legislature sdlegislature.gov ? Statutes sdlegislature.gov ? Statutes
This would include actual ?deeds? such as warranty deed, quit claim deed, grantor's deed, sheriff's deed, trustee's deed, executor's deed, administrator's deed, mineral deed and similar deeds. Register of Deeds | South Dakota Department of Revenue South Dakota Department of Revenue (.gov) ? government ? register-of-deeds South Dakota Department of Revenue (.gov) ? government ? register-of-deeds
What are Outstanding and Reserved mineral rights? Outstanding mineral rights are owned by a party other than the surface owner at the time the surface was conveyed to the United States. Reserved mineral rights are those rights held by the surface owner at the time the surface was conveyed to the United States.
Reviewed by Susan Chai, Esq. A South Dakota (SD) Quitclaim Deed is a legal document that transfers whatever ownership interest in a property one person (the grantor) has, if any, to another person (the grantee). South Dakota Quitclaim Deed Form - Legal Templates legaltemplates.net ? form ? south-dakota-sd legaltemplates.net ? form ? south-dakota-sd
Notary fees are normally charged to the party whose signature is being notarized. For the warranty deed, that is the seller.
A South Dakota deed must include the current owner's original signature. The owner's signature should be dated. A deed transferring real estate owned by two or more owners must include all co-owners' signatures?unless only one owner is transferring an interest. South Dakota Deed Requirements - DeedClaim DeedClaim ? South Dakota DeedClaim ? South Dakota
Signing Requirements for South Dakota Deeds. A South Dakota deed must include the current owner's original signature. The owner's signature should be dated. A deed transferring real estate owned by two or more owners must include all co-owners' signatures?unless only one owner is transferring an interest.
Land Owner reserves to itself all the minerals and other extractive resources. Said reservation shall not diminish the right of the Land Lessee under this Land Lease to occupy and freely use the Land.