§ 15-1204
276 words·~1 min read·
/md/environment/15-1204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§15–1204.
(1)An owner of a mineral interest may record, at any time, a notice of intent to preserve the mineral interest or a part of a mineral interest.
(2)A mineral interest is preserved in the county in which the notice is recorded.
(1)The following individuals may record a notice in accordance with subsection
(a)of this section:
(i)An owner of the mineral interest;
(ii)Another person legally authorized to act on behalf of the owner; or
(iii)A co–owner, for the benefit of any or all co–owners.
(2)A notice recorded under subsection
(a)of this section shall contain:
(i)1. The name of the owner, or co–owners, of the mineral interest; or
2. If the identity of the owner cannot be determined, information that states that the owner cannot be determined; and
(ii)An identification of the mineral interest or part of the mineral interest to be preserved, in accordance with subsection
(c)of this section.
(c)A mineral interest shall be identified by:
(1)A reference to the location in the records of the instrument that creates, reserves, or otherwise evidences the interest;
(2)The judgment or decree that confirms the mineral interest;
(3)A legal description of the mineral interest, if accompanied by a reference to the name of the record owner under whom the owner of the mineral interest claims; or
(4)A general reference to any or all mineral interests of the owner in any real property situated in the county, if:
(i)A previously recorded instrument created, reserved, or otherwise evidenced the mineral interest; or
(ii)A judgment or decree confirms the mineral interest.