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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 New York, a mineral deed is a legal document that transfers ownership rights of subsurface assets, such as oil, gas, coal, hydrocarbons, metals, and minerals, from the grantor to the grantee. This type of deed includes the transfer of rights to any royalties, profits, or payments that arise from the extraction and sale of these subsurface assets. The mineral deed must be in writing, signed by the grantor, and must comply with the state's formal requirements for a real property conveyance, including a proper legal description of the property. Once executed, the deed should be recorded with the county clerk in the county where the property is located to provide public notice of the transfer and to protect the grantee's interests. It's important to note that New York State may have specific regulations and statutes that govern mineral rights and the execution of mineral deeds, and an attorney with experience in real estate or mineral law can provide guidance tailored to the specifics of the transaction.

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Real property

mineral deed

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Real property

mineral deed

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