Illinois Compiled Statutes 765 ILCS 505/6 – Any mining right, or the right to dig for or obtain iron, lead, …
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Terms Used In Illinois Compiled Statutes 765 ILCS 505/6
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Any mining right, or the right to dig for or obtain iron, lead, copper, coal, or other mineral from land, may be conveyed by deed or lease, which may be acknowledged and recorded in the same manner and with like effect as deeds and leases of real estate.