8
Feb

The 5 Major elements of Mineral Rights

The five elements of a mineral right are: The right to use as much of the surface as is reasonably necessary to access the minerals The right to further convey rights The right to receive bonus consideration[2] The right to receive delay rentals[3] The right to receive royalties The owner of a mineral interest may separately convey any or all …

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8
Feb

Severabilility of Mineral Rights

Mineral estates are sometimes severed from the surface estate. Such severance is accomplished with a conveyance or reservation of these rights. This conveyance or reservation includes minerals or substances considered minerals. Although technically not minerals, which are naturally occurring crystalline “solids,” legal regimes typically include hydrocarbon resources such as oil and natural gas under the term “mineral rights.” Such a …

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8
Feb

What are Mineral Rights

Ownership of mineral rights otherwise known as a Mineral Estate It is the right of the owner to exploit, mine, and/or produce any or all of the minerals lying below the surface of the property. These “Minerals” include all organic and inorganic substances that form a part of the soil. There are exceptions made to sand, gravel and Limestone and also Subsurface water …

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