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Ohio Dormant Mineral Act Special Institute Hilton Columbus/Polaris December 12, 2016, Columbus, Cosponsored by the Energy & Mineral Law FoundationProgram Committee Sheila Nolan GartlandProgram Choirboys,
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How to fill out ohio dormant mineral act

01
Step 1: Gather all relevant documents and information related to the property and mineral rights.
02
Step 2: Familiarize yourself with the Ohio Dormant Mineral Act and its requirements.
03
Step 3: Determine if the mineral rights to the property meet the criteria for being considered dormant under the act.
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Step 4: Complete the necessary forms and documents, including an Affidavit of Abandonment and an Affidavit of Claim.
05
Step 5: File the completed forms with the appropriate county recorder's office.
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Step 6: Pay any applicable fees and obtain a stamped receipt of filing.
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Step 7: Serve notice to any interested parties, such as the current mineral rights holders or their successors.
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Step 8: Wait for the statutory period of time to elapse to allow interested parties to respond or object.
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Step 9: If no objections are raised within the specified period, file for a final decree of abandonment with the court.
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Step 10: Once the court approves the final decree, the mineral rights will be considered abandoned and deemed open for lease or purchase.

Who needs ohio dormant mineral act?

01
Property owners who believe they have dormant mineral rights in Ohio.
02
Individuals or companies interested in leasing or purchasing mineral rights in Ohio.
03
Real estate agents or attorneys assisting clients with property transactions involving mineral rights in Ohio.
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The Ohio Dormant Mineral Act is a law that allows surface owners to claim ownership of dormant mineral rights if the mineral rights holders fail to maintain or use them for a certain period of time.
Mineral rights holders are required to file an affidavit under the Ohio Dormant Minerals Act.
To fill out an Ohio Dormant Mineral Act affidavit, mineral rights holders must provide specific information outlined in the statute, including proof of notice to surface owners.
The purpose of the Ohio Dormant Mineral Act is to prevent mineral rights from being tied up indefinitely and to promote the use and development of mineral resources.
Information required on an Ohio Dormant Mineral Act affidavit includes the names and addresses of all interested parties, a legal description of the property, and proof of notice to surface owners.
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