Cuyahoga Ohio Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)

State:
Multi-State
County:
Cuyahoga
Control #:
US-OG-1046
Format:
Word; 
Rich Text
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Description

This form is a mineral owner's subordination of rights to make use of surface estate.
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FAQ

Many times these subsurface rights are called mineral rights. If an individual owns mineral rights to a tract of land, they are legally entitled to the minerals beneath the surface and may utilize the surface within reasonable perimeters to access the minerals underneath.

Mineral rights can be divided by specific mineral commodities. For example, one company can own the mineral rights to coal, while another company owns the oil and gas rights. Consequently, it is important to know which minerals are included in a mineral deed. Some deeds specify that all minerals are included.

Mineral (oil) rights in land required by law to be separately listed and valued for taxation are considered as real estate for taxation purposes.

Mineral rights do not necessarily transfer with the property. Typically, a property conveyance (sale) transfers the rights of both the surface land and the minerals underneath until the mineral rights are sold. Mineral rights are conveyed meaning transferred to a new owner through a deed.

Mineral rights Ohio are normally sold separately from the land where the mineral reside. These rights give holders access to claim the mineral interests on their land.

Ohio adopted its Dormant Mineral Act ("DMA") in 1989 and amended it in 2006. Ohio Rev. Code § 5301.56. Act provided that a mineral interest "shall be deemed abandoned and vested in the owner of the surface" unless a savings event occurred within the preceding 20 years.

Call the county where the minerals are located and ask how to transfer mineral ownership after death. They will probably advise you to submit a copy of the death certificate, probate documents (if any), and a copy of the will (or affidavit of heirship if there is no will).

Remember, the property and the mineral rights are two separate entities. You may have inherited the mineral rights, but you need to know who owns the property if you want to drill. The opposite scenario is to check who owns the mineral rights on the property you inherited.

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Cuyahoga Ohio Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)