mineral lease

mineral lease
mineral lease see lease

Merriam-Webster’s Dictionary of Law. . 1996.

mineral lease
n. The right given to use land for purpose of exploration, specifically for minerals, with concomitant right to remove minerals, if found, for a finite period of time, or indefinitely, upon payment of royalties to the landowner.

Webster's New World Law Dictionary. . 2000.

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  • mineral lease — noun : mining lease …   Useful english dictionary

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  • Mineral Leasing Act of 1920 — The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to… …   Wikipedia

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