Monday 29 June 2015

How Can Contacting Buyer of Mineral Royalties Be a Profitable Move for You?


Buyer of Mineral Royalties
Mineral Royalties
Not just one, but several things need to be considered before you finalize your decision to sell your mineral rights of the land. If the land is yielding a mineral like coal, then most probably a one-time deal will be made with you in which a lump sum amount of money will be paid to you against the mineral rights before any work commences. It will have to be mentioned in the deal before you start receiving any royalties on your minerals. Any buyer of mineral royalties might trick you into signing the deal as fast as possible therefore; you should consider hiring a trusted lawyer that could take care of any paper work, which will be great at securing extra payouts you might have expected. Although, it seems easy to work out but selling your mineral rights without splitting them up might open you up to losses in the longer term.

The clever thing would be to first have a geologist inspect the property and figure out exactly what minerals lay beneath the surface of your property. Most minerals like coal are bought on a leasehold deal and therefore, the buyer has a certain amount of time to start harvesting minerals in the land. Some mineral royaltiesdeal solely as the intermediary, buying leaseholds from property owners so that resale to mining companies is possible in the future. When a mining firm buys mineral rights from you through a leasehold process, you will have to accept a smaller payment upfront however, once the production or extraction of minerals has started, your gas and oil royalties will begin to pay out. If leasehold is prepared correctly and the seam or well below your property is yielding large quantities of oil and gas, you will be making large amounts of money.

This is the point where having a good lawyer will prove to be profitable. In any deal, both parties will need protection especially, the one that is paying you or has promised to pay you oil royalties or gas royalties. The important point to remember is that the royalties you have been receiving from any mineral royaltie can be sold at any time, at a later stage. Just imagine yourself selling a stake of mines production value and you will immediately understand why people pay a good amount readily to buy mineral royalties from previously established wells and mines.

Uni Royalties is a well-known and trusted buyer of mineral royalties. We effectively help landowners in signing leasehold deals and help them score the best amount for their mineral rights. For more information, visit our website www.uniroyalties.com or call us on our toll free number: 1 (888) 916 0220.