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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 Washington State, a mineral deed is a legal document that conveys ownership rights in subsurface resources such as oil, gas, coal, hydrocarbons, metals, and minerals from the grantor to the grantee. This type of deed transfers not only the physical assets but also the rights to any royalties, profits, or payments derived from the extraction and sale of these resources. The mineral deed must be in writing, contain a clear description of the property, and be executed according to the state's legal requirements for such documents, which typically include the grantor's signature and acknowledgment before a notary public. Once executed, the deed should be recorded with the county recorder's office 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 Washington follows the 'severed estate' principle, meaning that surface rights and mineral rights can be owned separately. Therefore, a mineral deed does not necessarily convey surface rights unless explicitly stated.

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mineral deed

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Real property

mineral deed