Wyoming Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor

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US-OG-130
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If an owner of a mineral or royalty interest, whose interest is subject to a mortgage/deed of trust, desires to sell or convey an interest, it is appropriate to obtain a release of that lien as to the interest conveyed. This form addresses that situation.

A Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that signifies the partial release of a mortgage or deed of trust on a specific portion of a mineral or royalty interest. This release is executed by the granter, who is the individual or entity that originally granted the mortgage or deed of trust. Keywords: Wyoming, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter. Different types of Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter: 1. Wyoming Partial Release of Mortgage/Deed of Trust on a Fractional Mineral Interest Sold by Granter: This type of partial release is used when the granter sells only a fraction of their mineral interest. It ensures that the mortgage or deed of trust is released specifically on the portion that has been sold, while the remaining portion of the interest remains encumbered. 2. Wyoming Partial Release of Mortgage/Deed of Trust on a Partial Royalty Interest Sold by Granter: In cases where the granter sells only a portion of their royalty interest, this type of partial release is employed. It releases the mortgage or deed of trust on the portion of the royalty interest that has been sold, while the remaining portion remains unaffected. 3. Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral Interest Sold by Granter: This type of partial release applies when the granter sells their entire mineral interest. It releases the mortgage or deed of trust on the entire mineral interest, indicating that no further obligations or encumbrances exist. 4. Wyoming Partial Release of Mortgage/Deed of Trust on a Royalty Interest Sold by Granter: When the granter sells their complete royalty interest, this type of partial release is utilized. It releases the mortgage or deed of trust on the entire royalty interest, signifying that no further mortgage or lien exists on the sold interest. Each of these variations of the Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter serves to ensure the appropriate release and transfer of property rights linked to the sale. It allows the granter to convey specific portions of their minerals or royalties while addressing any outstanding mortgage or deed of trust obligations effectively.

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35-1-105. (a) No person, corporation or other organization nor representative thereof shall: (i) Willfully violate, disobey or disregard the provisions of the public health laws of Wyoming or the terms of any lawful notice, order, rule or regulation issued pursuant thereto; (ii) Repealed by Laws 1982, ch. 75, § 5.

(a) When a deed, contract or other document transferring legal or equitable title to real property, including instruments conveying ownership of structures on lands not owned by the transferring party, is presented to a county clerk for recording, the instrument shall be accompanied by a statement under oath by the ...

A mortgage is the standard security instrument used. Deeds of trust are permitted but are rarely used because mortgages may contain a power of sale and foreclosures of deeds of trust, like mortgages, are subject to redemption rights.

(a) An affidavit stating facts relating to matters which may affect the title to real estate in this state, made by any person having knowledge of the facts and competent to testify concerning them in open court, may be recorded in the office of the county clerk in the county in which the real estate is situated.

(iv) The tax imposed by this article upon the sale of a transportable home shall be collected upon the first sale of the transportable home. The tax shall be collected on seventy percent (70%) of the sales price of the transportable home. No tax shall be collected upon any subsequent sale of the home.

Wyoming Stat. Ann. § 34-1-152 ?The ownership of all pore space in all strata below the surface lands and waters of this state is . . . vested in the several owners of the surface above the strata.?

A joint tenancy or a tenancy by the entirety as to any interest in real or personal property may be established by the owner thereof, by designating in the instrument of conveyance or transfer, the names of such joint tenants or tenants by the entirety, including his own, without the necessity of any transfer or ...

The lives selected to govern the time of vesting must not be so numerous nor so situated that evidence of their deaths is likely to be unreasonably difficult to obtain. It is intended by this subsection to make effective in this state the American common-law rule against perpetuities for interests in real property.

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A deed of quitclaim and release shall be sufficient to pass all the estate which the grantor could lawfully convey by deed of bargain and sale. 34-1-108. Deeds - The Royalty Owner Forms Program includes a variety of deed forms: to trusts, out of trust, gift, royalty, mineral, etc. About the Index of and Samples ...Make these quick steps to edit the PDF Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor online for free: Register and ... Kanes Forms Provides basic oil and gas legal forms for Landman, Attorneys, and Mineral Owners. Because Wyoming has clearly defined rules regarding the classification of non-participating royalty interests, the title examiner has excellent guidelines to ... Agreement by mortgagee for partial release of mortgage as enduring in favor of mortgagors or against mortgagee's privies, 41 ALR3d 7. Construction of provision ... Feb 16, 2022 — This manual is an introduction to the basic principles of recording and filing documents. It is hoped that customers of this office will ... In Wyoming, real property will have often have a mineral interest, which is ... The grantor conveyed the surface to the grantee by warranty deed. The ... General requirements are the most common. Included in this category are affidavits of use and possession, mortgage subordina- tions, tax certificates, awareness ... denied), in which the deed at issue conveyed a 3/8 royalty interest applied to the grantor's 1/7 mineral interest, and Arnold v. Ashbel Smith Land Co., 307.

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Wyoming Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor