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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 North Dakota, a mineral deed is a legal document that transfers ownership of minerals beneath the surface of a tract of land from the grantor to the grantee. This includes not only solid minerals but also oil and gas rights. The deed typically conveys the rights to explore, drill, and extract the minerals, as well as the right to receive any royalties, bonuses, or other payments that arise from the production and sale of these minerals. North Dakota law requires that the mineral deed be in writing, contain a clear description of the property, be signed by the grantor, and be notarized. Additionally, for the transfer to be effective against third parties, the deed must be recorded in the county where the property is located. It's important to note that North Dakota has specific statutes governing mineral rights and conveyances, including the Dormant Mineral Act, which can affect the ownership and transfer of mineral rights if they have not been utilized or properly maintained over a certain period.

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Real property

mineral deed

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Real property

mineral deed

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