When you sell your oil and gas mineral rights, should you reach out to a Title Company near you or a Title Company in the county in which the rights are located?
Is it better to go through a title company or an attorney when selling your mineral rights?
I have never been through a selling process of mineral rights before. What should I be cautious about during the process?
Thank you!
The most important thing is to know what you own and what you are selling. The 2nd most is to never turn over a mineral deed to a buyer before 1st getting total consideration in hand, preferably a wire transfer or cashier’s check. If you use a 3rd party intermediary such as a title company, they will handling the closing in a proper manner.
Good Luck.
I don’t know of any title companies that would aid or even deal in mineral rights. Legal advice is always a good idea.
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