What constitutes mineral rights ownership?
Posted on Tuesday, September 16th, 2014 at 5:26 pm
Owning mineral rights means you have the option to make money by selling the minerals found in your property. This means greater economic flexibility, especially during life-altering events and unexpected financial situations.
When you decide to sell, it is essential to know the components of ownership you are relinquishing. Under the Texas Law, selling the ownership of your mineral rights means selling your right to:
- Use the mineral estate and the surface estate necessary to acquire the minerals
- Lease your mineral properties
- Receive bonuses from that lease
- Receive delay rentals, royalties, and other benefits due under a leasing agreement
When planning to sell your mineral rights, seek the help of experienced mineral rights brokers who have a wide network of competitive buyers to help you get the best value. To learn more about what we do and how we can be of help, call The Mineral Auction at (512) 698-2802 today.
