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 Utah, 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 such as coal, metals, and other mineable substances, but also oil, gas, and any hydrocarbons. The rights conveyed by a mineral deed typically include the right to extract the minerals and to receive any royalties, rents, or profits from the sale or use of those minerals. The deed must be in writing, signed by the grantor, and should be recorded in the county where the property is located to provide notice to third parties and protect the grantee's interests. Utah's recording statutes govern the specifics of how and where to record such deeds. It is important to note that mineral rights can be severed from surface rights, meaning that ownership of the surface land and the minerals beneath can be held by different parties. An attorney can provide specific guidance on drafting, executing, and recording a mineral deed in Utah to ensure it complies with all applicable laws and fully protects the rights of the parties involved.