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Points to understand when talking about mineral rights
Mineral rights are the right of the owner to utilize any or all of the minerals below the surface of their property.According to Geology.com, the following are some important notes when dealing with selling or leasing your mineral rights:
- Seek professional help – The complicated process and transaction that is enveloped in mineral rights involve a large sum of money. If someone has tapped you about selling your mineral rights, you must seek legal help at once. Mineral rights-knowledgeable lawyers will be able to carry your transaction and build your case.
- Surface owner has rights – The state law provides basic rights for surface owners, although, owners may decide on needing stronger protections for their own discretion.
- Buyers and sellers must be alert – The owner’s own knowledge of the subject will greatly determine the transaction’s success.
If you are looking to sell or lease your mineral rights, please consult first with our team of attorneys at Auction Mineral Rights to further understand all aspects of mineral rights process. Call us today at (512) 698-2802.
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We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
The Mineral Auction provided me with an invaluable exit strategy when selling a mineral interest that one of my clients had. I’d recommend them to anyone who has the need to create some liquidity.
Blake is excellent. We have used him in numerous family issues and find him always direct and very helpful. He is incredibly informed and our go-to guy.
Blake and I have worked on several deals together and they have always gone off without a hitch. Both parties leave the table satisfied. Highly recommended!
Blake hit it out of the park! He did everything he said he would do, and then some. He far exceeded our expectations within a day! If you are concerned about paying commission or being restricted to a broker – don’t be. He will max out the value of your minerals. I tried to negotiate with several buyers on my own and didn’t come within the same universe.
Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. I found Blake to be very knowledgable about whole process and took the time to answer all our questions. We were very satisified with the transaction and have already recommended Blake and The Mineral Auction to some our friends. Thanks again.
I have mineral rights to natural gas and Blake was excellent in his advice regarding my situation. Thanks a lot for your help!
