A mineral deed transfers all ownership rights in the assets under the surface of a tract of land—including oil, gas, coal, hydrocarbons, metals, and minerals—from the grantor (seller) to the grantee (buyer). The transfer also includes all rights to receive royalties, profits, or payments related to the assets under the surface of the land.
In Alaska, a mineral deed is a legal document that transfers ownership rights of subsurface minerals—such as oil, gas, coal, metals, and other hydrocarbons—from the grantor to the grantee. This type of deed includes not only the physical minerals but also the rights to any royalties, profits, or payments derived from the extraction and sale of these minerals. The mineral rights conveyed can be inclusive of all minerals under the property or specific to certain types of minerals. The deed must be in writing, contain a clear description of the property, the specific rights being transferred, and comply with all state recording statutes to be valid. Once executed, the deed should be filed with the appropriate district recording office in Alaska to provide public notice of the change in ownership. It's important to note that Alaska has unique laws regarding mineral rights due to its vast natural resources, and an attorney with experience in Alaskan property and mineral law should be consulted to ensure compliance with all relevant state statutes and federal laws.