Property Ownership
Mineral rights in Oklahoma that have been separated from surface rights are known as:
AAppurtenant rights
BSevered mineral estate✓ Correct
CSurface easement
DProfit a prendre
Explanation
When mineral rights are separated from surface rights, they form a severed mineral estate. This is extremely common in Oklahoma due to the oil and gas industry, where different parties may own the surface and the minerals beneath.
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Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Math Concepts
State-Specific Concepts
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