Minnesota Notice of Claim of Mineral Interest for Dormant Mineral Interest

State:
Multi-State
Control #:
US-OG-108
Format:
Word; 
Rich Text
Instant download

Description

The information provided with the form identifies states that are known to have enacted dormant interest statutes. The form provided is a general form, which may not meet the statutory requirements of all states listed. This form may be supplemented or amended to meet a state's specific statutory requirements, if possible, to assert a claim of ownership to avoid the loss of an interest.
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How to fill out Notice Of Claim Of Mineral Interest For Dormant Mineral Interest?

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FAQ

If you are interested in the mineral rights for a specific parcel of land, check the legal documents that record transfer and ownership for the rights associated with that land. These records are contained in each county's land records office.

Minnesota requires holders to perform due diligence mailings for all property that has a value of $100 or more. Mailings must be sent no more than 120 days prior to filing a report each reporting season.

The most common types of Unclaimed Property are: Bank accounts and safe deposit box contents. Stocks, mutual funds, bonds, and dividends. Uncashed cashier's checks and money orders. Certificates of deposit. Matured or terminated insurance policies. Estates. Mineral interests and royalty payments.

If property has not been removed within six months after it comes into the possession of a person, it is abandoned and shall become the property of the person in possession, after notice to the prior owner.

The law requires that banks, insurance companies, and others forward unclaimed property to the Department of Commerce's unclaimed property fund if there has been no activity or if it remains unclaimed for a period of time.

Unclaimed Property Division 85 Seventh Place East, Suite 280 St. Paul, MN 55101 (651) 539-1545 or (800) 925-5668 .mn.gov/commerce You may obtain information on how to file a claim, download a claim form, or search the Department's unclaimed property database online at .mn.gov/commerce/ or .missingmoney.com.

Unclaimed Property Division 85 Seventh Place East, Suite 280 St. Paul, MN 55101 (651) 539-1545 or (800) 925-5668 .mn.gov/commerce You may obtain information on how to file a claim, download a claim form, or search the Department's unclaimed property database online at .mn.gov/commerce/ or .missingmoney.com.

A notice of lis pendens to record against title to real property in the county where the property is located to provide constructive (record) notice of a pending action that affects title to real property (including actions to enforce a lien (other than a mechanic's lien)).

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Minnesota Notice of Claim of Mineral Interest for Dormant Mineral Interest