Michigan Notice of Claim of Mineral Interest for Dormant Mineral Interest
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How to fill out Notice Of Claim Of Mineral Interest For Dormant Mineral Interest?
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FAQ
Mineral rights ownership information can be found with the register of deeds in the county where the land is located.
A dormant mineral statute or act is basically a law passed within the state legislature that addresses the issue of severed mineral rights where the owner cannot be located.
The Dormant Mineral Act provides that any interest in oil or gas in any land owned by any person other than the surface owner that has not been sold, leased, mortgaged, or transferred by an instrument recorded in the office of the register of deeds for 20 years is deemed abandoned if (1) a drilling permit is not ...
Mineral rights can expire if the owner does not renew them or if they go unclaimed for a certain period of time. Mineral rights can also be sold, fractionalized, or transferred through gifting or inheritance.
Can Severed Mineral Rights be Retained Indefinitely? Under Michigan law (Act 42 of 1963, Termination of Oil or Gas Interests in Land), severed oil or gas rights revert to the surface owner after twenty years unless one of the following actions have occurred within the 20-year period: ? A drilling permit is issued.
Thus, unless at some point in the 20 years preceding the act, the mineral interest was leased or sold, or some steps taken to develop it, or other action taken that would indicate a current claim to it, it effectively reverted to the surface owner. This act explicitly does not apply to oil and gas interests.
For the purpose of this article, a mineral right is dormant if all of the following conditions are satisfied for a period of 20 years immediately preceding commencement of the action to terminate the mineral right: (a) There is no production of the minerals and no exploration, drilling, mining, development, or other ...
The Dormant Minerals Act is a Michigan law that causes severed oil and gas rights to be abandoned (lost) if the owner allows more than 20 years to pass without doing one of the following: Recording at the register of deed's office a sale, lease, mortgage or transfer of the severed interest.