- 9 years agoFavorite Answer
Mineral rights are the legal ownership of natural resources such as coal, oil, gas, ores, etc. Many people do NOT own the mineral rights of their property and may find themselves surprised one day when dozens of oil and gas exploration trucks show up on their property to explore and drill for oil on their land.
- TeeknoLv 79 years ago
Mineral rights are the legal rights to exploit any mineral resources of a property -- oil, gas, gold, coal, iron... whatever.
For example, if someone drills oil off your property and you own the mineral rights, you get a royalty check.