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Real property

mineral deed

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 Arizona, a mineral deed is a legal document that transfers ownership rights of minerals and other subsurface assets from the grantor (seller) to the grantee (buyer). This 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 deed must be in writing, contain a clear description of the property, the specific minerals or rights being conveyed, and comply with other statutory requirements for a valid conveyance. It must also be signed by the grantor and notarized. Once executed, the mineral deed should be recorded with the county recorder's office in the county where the property is located to provide public notice of the transfer. Arizona follows the general principle that the ownership of land includes the rights to the subsurface minerals, unless these rights have been severed by a previous conveyance or reservation. It's important to note that specific local regulations and state statutes may apply, and an attorney can provide guidance tailored to the particular circumstances of the transaction.

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Real property

mineral deed

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Real property

mineral deed

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