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 Pennsylvania, 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 solid minerals such as coal and metals but also oil, gas, and any hydrocarbons found beneath the surface of the land. The rights conveyed by a mineral deed typically include the ability to extract the minerals, as well as the right to receive any royalties, profits, or other payments that are derived from the production and sale of these resources. It's important to note that in Pennsylvania, the ownership of surface land and the ownership of the minerals beneath the land can be separated, meaning that the transfer of mineral rights does not necessarily include the transfer of surface rights. The mineral deed must be in writing, signed by the grantor, and should be recorded in the county where the property is located to provide public notice and protect the grantee's interests.