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LSDefine

Simple English definitions for legal terms

mineral interest

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A quick definition of mineral interest:

A mineral interest is a right that allows someone to search for, extract, and sell minerals found on a piece of land. This right is usually granted through an oil-and-gas lease and can also entitle the owner to receive a portion of the profits made from the sale of the minerals. It is also known as a mineral right and is separate from the rights to the surface of the land.

A more thorough explanation:

Definition: A mineral interest is the right to explore, extract, and sell minerals from a piece of land or to receive a share of the profits from mineral production. This right is typically granted through an oil-and-gas lease.

For example, if a company leases mineral rights to a piece of land, they have the right to search for and extract oil or gas from that land. The landowner may receive a percentage of the profits from the sale of those minerals.

Another example would be a landowner who retains the mineral rights to their property. They may choose to lease those rights to a mining company, allowing the company to extract minerals in exchange for a royalty payment.

These examples illustrate how a mineral interest grants the holder the right to profit from the extraction and sale of minerals from a piece of land.

mineral entry | mineral land

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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