How to Check Mineral Rights: 11 Steps
Mineral rights are an important aspect of property ownership that often go unnoticed. As a landowner or potential buyer, it’s essential to understand whether you possess these rights and how they may impact your property value.
Here is a step-by-step guide to help you check mineral rights in 11 easy steps.
1. Know the Basics: Before starting your search, familiarize yourself with the term “mineral rights.” This refers to the right to extract and profit from minerals found beneath a parcel of land.
2. Review the Property Deed: Obtain a copy of the property deed and review it for any mention of mineral rights. This document will typically spell out whether mineral rights have been transferred or retained by previous owners.
3. Check Cadastral Records: Consult cadastral records at the county recorder’s office (usually available online) to trace the history of the land’s ownership and find any transfer of mineral rights.
4. Seek Professional Help: If you have difficulty navigating these documents, consider hiring a professional title researcher or attorney with experience in mineral rights.
5. Search for Historical Leases: Check historical lease agreements for indications that mineral rights were leased or sold by previous landowners. This can provide evidence that mineral rights were separated from surface rights in past transactions.
6. Look for Severance Clauses: Some deeds may contain severance clauses that split mineral and surface rights. If present, this may indicate that another party retains mineral rights.
7. Investigate Abandoned Wells: Visiting the area in question can help identify abandoned wells or other signs of past mineral extraction to assess whether previous activity could affect your ownership of mineral rights.
8. Consult State Land Offices: State land offices can provide information on active mining claims in your area which may impact your property’s mineral rights status.
9. Review Mineral Reservations: Some state laws include restrictions on transferring mineral rights referred to as “mineral reservations.” Review these provisions to see if they impact your property.
10. Obtain a Title Opinion: A qualified attorney or title researcher can provide a title opinion that confirms your ownership of mineral rights or reveals any previously undiscovered discrepancies.
11. Secure a Mineral Rights Lease: If you discover that you own the mineral rights for your property, consider leasing them to an extraction company. This can generate a passive income stream and help protect your interests as the landowner.
By following these 11 steps, you’ll have a complete understanding of your property’s mineral rights status. By uncovering and securing these valuable resources, you’ll be well on your way to maximizing the value of your land investment.