FAQ
How long does the process take?
The length of the process depends on the complexity of the title and the amount of parcels involved. As an end buyer that reviews all of our title in-house, we are typically able to close quicker than other companies.
What if part of my land is leased?
No problem. We will work with you to properly evaluate your interests and the lease provisions in order to determine a market offer price that considers the lease.
What is the tax benefit of selling my minerals?
In many instances, selling your minerals may be taxed more favorably than leasing or collecting royalties. A sale is taxed as capital gains as opposed to ordinary income.
Please speak to a tax advisor regarding your specific tax situation.
What happens if there is a slow down and prices are low?
By selling your minerals, you can avoid the uncertainty surrounding oil and gas commodity cycles and the timing of development of shale wells.
How do I get paid ?
Once we have agreed on a price in writing and conducted the necessary diligence to confirm title to the properties involved and our desire to move forward, we will sign closing documents. At closing, you will be immediately be paid via check or electronic wire transfer based on the mutually agreed upon terms in the agreement.
Do I have to sell all of my minerals ?
No, we often buy a portion of the mineral owner’s interest (i.e., 50%). In those cases, we become a trusted partner to the mineral owner and can assist in many aspects of mineral ownership, such as negotiating leases with oil & gas companies and auditing royalty checks.
