Property Ownership
In Michigan, 'mineral rights' that have been severed from surface rights affect a real estate purchase because:
AThe surface owner automatically owns all minerals below their property
BA buyer may own the surface but not the oil, gas, coal, or other minerals beneath it; mineral rights owners may have the right to extract resources✓ Correct
CSevered mineral rights void any deed to the surface
DMichigan law requires mineral rights to be bundled with surface rights
Explanation
When mineral rights have been severed, the surface owner and mineral rights owner are different parties. The mineral rights owner may have the right to access and extract resources, which can affect the surface owner's use and enjoyment. Michigan buyers should check for severed mineral rights.
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