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 Connecticut, 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 are derived from the extraction and sale of these subsurface assets. The mineral deed must be in writing, signed by the grantor, and should clearly describe the property and the extent of the rights being transferred. It must also be acknowledged by a notary and recorded in the town clerk's office in the town where the property is located to be effective against third parties. Connecticut follows the general principles of property law and requires that the transfer of real property interests, including mineral rights, adhere to these formalities to ensure the rights are legally enforceable.