(855) 559-7277 · robert@buymyminerals.com

· Robert Dow · Mineral Rights  Â· 3 min read

What Happens When You Sell Your Mineral Rights

Wondering what the process looks like? Here's a step-by-step walkthrough of what happens when you sell your mineral rights.

If you’ve never sold mineral rights before, the process can feel unfamiliar. Unlike selling a house or a car, there’s no MLS listing, no open house, and no dealer. But the process is actually simpler than most people expect.

Here’s what happens from start to finish when you sell your mineral rights to us.

Step 1: You Submit Your Royalty Check Stub

The process starts when you share a copy of your most recent royalty check stub or statement. This is the document that shows your production volumes, operator, royalty decimal, and net payment. You can upload it on our website or email it to us.

This is the industry standard first step in any mineral rights transaction. Here’s why we ask for it.

Step 2: We Evaluate Your Interest

Once we have your check stub, we review the production data: volumes, commodity prices, decline trends, operator activity, and your net revenue interest. We research the property through state oil and gas commission records and evaluate the overall quality of the interest.

This typically takes 24-48 hours.

Step 3: You Receive a Cash Offer

We send you a written cash offer by email. The offer spells out the price, the interest being purchased, and the basic terms. There is no cost and no obligation. If you don’t like the offer, you can simply decline and walk away.

Step 4: You Sign the Contract

If you accept, we send you a purchase and sale agreement to sign electronically. No printing, no scanning, no mailing. The contract outlines the terms of the sale, what’s being conveyed, and the closing timeline.

Step 5: Title Work

After the contract is signed, we order title work to confirm ownership of the mineral interest. A title company or attorney reviews the chain of title (the history of deeds and conveyances) to verify that you own what’s being sold and that the title is clear.

This is standard in every mineral rights transaction and protects both parties. If there are any title issues, we work through them before closing.

Step 6: Deed Preparation and Closing

Once title is confirmed, we prepare the mineral deed, the legal document that transfers ownership from you to us. You sign the deed, which in many cases can be notarized electronically in counties that accept it.

The deed is then recorded with the county clerk’s office, and you receive your payment.

Step 7: Operator Notification

After closing, we notify the operator of the ownership change and file a new division order. Future royalty payments are redirected to us. You may receive one or two more checks during the transition period. This is normal and depends on how quickly the operator processes the change.

How Long Does It Take?

From submitting your check stub to receiving your cash, the entire process typically takes 30-45 days. The biggest variable is title work; simple, clean titles close faster; more complex ownership histories take a bit longer.

What Does It Cost You?

Nothing. We cover all costs: title work, deed preparation, filing fees, and closing costs. There are no broker fees, no commissions, and no hidden charges.

Ready to Get Started?

The first step is simple: submit your royalty check stub, and we’ll send you a cash offer within 48 hours. No cost, no obligation, and Robert personally reviews every submission.

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