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 Maryland, 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 resources. The deed must be in writing, signed by the grantor, and must contain a clear description of the property and the rights being transferred. It is also required to be acknowledged by a notary and recorded in the county land records where the property is located to be effective against third parties. Maryland follows the common law rule that the ownership of land includes the minerals beneath unless specifically reserved or severed by a previous deed. Therefore, it is crucial to conduct a thorough title search to determine the status of mineral rights before executing a mineral deed.