![]() If you are trying to transfer a right to royalties or a lease, then you should look for a royalty or lease agreement.For more information on how to perform a title search, see Find Mineral Rights.As you search, you will look to see if mineral rights were severed from the land and transferred to someone else before you were deeded the property. To search for mineral rights, you will have to search the chain of title.X Trustworthy Source State of Michigan Official website for the State of Michigan Go to source Although you might own the land that sits on top of the minerals, you should check that the mineral rights were not separated from the rest of the land at an earlier time. If you want to transfer rights to the minerals themselves, then you must confirm that you own them. Before transferring the rights, you should confirm that you actually own the rights that you want to transfer. The lease agreement fixes the amount of the royalties.Ĭonfirm that you own the mineral rights. You might have a right only to royalties on the sale of minerals, particularly when they are mined by another party operating under a lease. You may also mine the minerals for the duration of the lease. While the lease is in force, you have the right to enter the property and determine if there are suitable minerals. A lease generally lasts for a specific set of time. You may own mineral rights in conjunction with the surface rights to the property, or you may own just the subsurface mineral rights (while someone else owns the surface of the land). With this right, you can extract the minerals or contract with another party to extract them for you. This is the most expansive right to have. The right to the oil, gas, or mineral deposits.Generally, there are four types of mineral rights that you might own. Understand the different types of mineral rights.
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