Simple English definitions for legal terms
Read a random definition: construction contract
Definition: A mineral deed is a legal document that conveys an interest in the minerals found in or under a piece of land. It is a type of deed, which is a written instrument used to transfer ownership of property.
Example: John owns a piece of land that has valuable minerals underneath it. He wants to sell the mineral rights to a mining company. To do this, he creates a mineral deed that transfers ownership of the minerals to the mining company while retaining ownership of the land itself.
This example illustrates how a mineral deed is used to transfer ownership of the minerals found in or under a piece of land while retaining ownership of the land itself.