Mineral Deed Template
THIS MINERAL DEED is made effective as of [Effective Date], by and between:
Grantor: [Grantor Full Legal Name], of [Address]
and
Grantee: [Grantee Full Legal Name], of [Address]
1. Consideration
For and in consideration of the sum of [Dollar Amount], and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Grantor grants, sells, conveys, assigns, and transfers to Grantee the mineral interest described in this Mineral Deed.
2. Property Description
This Mineral Deed relates to the following real property located in [County], [State]:
Property Address, if applicable: [Property Address]
Legal Description:
[Insert full legal description of the land]
Parcel Number, tax ID, or tract reference, if applicable:
[Insert details]
3. Conveyed Mineral Interest
Grantor hereby conveys to Grantee the following interest in and to the oil, gas, and other minerals in, on, under, and that may be produced from the property described above:
[Describe the exact mineral interest being transferred]
Examples may include:
-
all of Grantor’s right, title, and interest in the mineral estate;
-
an undivided [fraction or percentage] interest in the minerals;
-
only specific mineral rights as follows: [Describe]
all of Grantor’s right, title, and interest in the mineral estate;
an undivided [fraction or percentage] interest in the minerals;
only specific mineral rights as follows: [Describe]
4. Included Rights
Unless limited below, the conveyed interest includes the following rights to the extent owned by Grantor and transferable:
-
mineral ownership rights;
-
royalty interests associated with the conveyed mineral interest;
-
bonus payments attributable to future leases, if included;
-
delay rentals attributable to future leases, if included;
-
leasing or executive rights, if included; and
-
related rights and benefits arising from ownership of the conveyed mineral interest.
mineral ownership rights;
royalty interests associated with the conveyed mineral interest;
bonus payments attributable to future leases, if included;
delay rentals attributable to future leases, if included;
leasing or executive rights, if included; and
related rights and benefits arising from ownership of the conveyed mineral interest.
5. Reservations and Exceptions
The following rights, interests, or benefits are reserved by Grantor or excluded from this conveyance:
[Describe any reserved royalty, reserved executive rights, reserved bonus rights, term interest, prior conveyance exception, or other limitation]
If no reservation applies, state:
[None]
6. Existing Leases and Production
As of the effective date of this Mineral Deed, the property is:
☐ Not subject to any known oil, gas, or mineral lease
☐ Subject to the following lease or leases:
[Describe lease date, lessee, recording information, and relevant terms]
If the property is subject to an existing lease, this conveyance includes or excludes related lease benefits as follows:
[Describe whether royalties, rentals, and bonuses under the existing lease pass to Grantee]
7. Type of Conveyance and Warranty
This Mineral Deed is intended to be:
☐ With general warranty of title
☐ With special warranty of title
☐ Without warranty, quitclaim-style as to Grantor’s interest only
☐ Other: [Describe]
If any warranty applies, Grantor agrees to warrant and defend title only to the extent stated above and no further.
8. After-Acquired Title, if Intended
If Grantor later acquires any additional interest in the mineral rights described in this Mineral Deed, that interest shall:
☐ Pass automatically to Grantee to the extent permitted by law
☐ Not pass automatically unless separately conveyed
☐ Be handled as follows: [Describe]
9. Taxes and Recording Costs
Responsibility for transfer taxes, recording fees, title work, or related costs shall be allocated as follows:
[Describe or write “As agreed by the parties”]
Any property tax, severance tax, or other tax allocation relating to the conveyed mineral interest shall be handled as follows:
[Describe]
10. Binding Effect
This Mineral Deed shall be binding upon and inure to the benefit of Grantor and Grantee and their respective heirs, successors, representatives, and assigns.
To the extent applicable, the conveyed mineral interest shall run with the land and remain associated with the property described above.
11. Governing Law
This Mineral Deed shall be governed by the laws of [State], except to the extent mandatory real property, recording, or mineral title law applies.
12. Signature
IN WITNESS WHEREOF, Grantor has executed this Mineral Deed effective as of the date first written above.
Grantor:
Signature: __________________________
Name: [Grantor Full Legal Name]
Date: [Date]
Additional Grantor, if applicable:
Grantee acknowledgment, if desired:
Signature: __________________________
Name: [Grantee Full Legal Name]
Date: [Date]
13. Notary Acknowledgment
State of [State]
County of [County]
On this [Day] day of [Month], [Year], before me, the undersigned notary public, personally appeared [Name of Signer], known to me or satisfactorily proven to be the person whose name is subscribed to this document, and acknowledged that they executed it for the purposes stated herein.
Notary Public Signature: __________________________
Printed Name: [Notary Name]
My Commission Expires: [Date]
Notary Seal: __________________________
After recording, return to:
[Name]
[Address]
[City, State, ZIP Code]
Prepared by:
[Name]
[Address]
Recording reference, if applicable:
[Book / Page / Instrument Number / Other]