Selling Your Mineral Rights
MBH Minerals has helped many individuals, trusts and non-profit organizations turn low value mineral rights into a lump sum cash payment. You probably already know why you would want to sell your mineral rights. But here are a few reasons that you may not have considered.
Small Fractional Interest
It is very common for mineral owners to own a small fraction of mineral rights. This happens when mineral rights are passed down over many years and become a smaller fraction with each generation.
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Once the mineral rights become diluted they also become difficult to sell. This is because transferring ownership can cost more than the value of the mineral rights.
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That is why MBH Minerals covers all of the taxes, fees and costs associated with selling your mineral rights.
Taxes
Owning a small fraction of mineral rights can also come with a tax burden. Staying current with the local tax office can be time consuming and is often not worth the small royalties that you may be receiving. Failing to pay even a small tax bill can lead to fees and can have legal consequences.
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Some counties also tax non producing minerals so you may be burdened with paying a tax even though you are not receiving any royalties.
Estate Planning
Mineral rights can be a burden to those you leave behind. Lease negotiations, royalty management and taxes can be a major time investment, especially if your heirs are new to the process.
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Dividing the mineral rights amongst many heirs can also be costly and could lead to disagreement.
MBH Minerals will give you cash for your mineral rights that you can add to your estate which can be a much better gift to your heirs.
Improve Your Life
Small Royalty checks have little impact on your finances. But a large lump sum would allow you to:
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Travel
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Buy A House
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Remodel
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Bring Family Together
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Start A Business
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Enjoy Retirement
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Fund Your Hobby
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MBH Minerals will cover all of the costs and fees associated with transferring ownership of your oil and gas rights. Our quick and easy process will leave you wondering why you waited this long.
Frequently Asked Questions
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What are Mineral Rights?Mineral rights refer to the legal entitlement to explore, extract, and sell natural resources found beneath the surface of a piece of land. These resources can include oil, gas, coal, metals, and other valuable geological deposits. When you own mineral rights, you have the authority to access and profit from these minerals, either by extracting them yourself or by leasing or selling your rights to another party. This ownership can be separate from the land's surface rights, meaning you can own the mineral rights without owning the surface land above it. Essentially, having mineral rights gives you control over the underground resources of a property.
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Who Owns the Mineral Rights on My Property?The ownership of mineral rights on a property can vary and is not always straightforward. In some cases, the landowner also owns the mineral rights, meaning they have full control over the underground resources. However, mineral rights can be sold or leased separately from the land, meaning a different individual or company could own the mineral rights even if you own the surface land.
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How long does it take to sell my mineral rights?In many cases oil and gas owners receive payment within 30 days of MBH receiving a signed agreement. MBH purchases many oil and gas interests every year. We will move quickly to make an offer for your oil and gas rights. After you accept the offer we can schedule payment and signing. We work hard to make sure our oil and gas owners are informed and know what to expect. We will be there every step of the way.
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Will I have to pay anything upfront?No! You will not have to pay anything at all. MBH Minerals will cover all costs, taxes and fees.
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When will I receive payment?MBH will communicate to you when payment will be made. We have paid hundreds of oil and gas owners and pride ourselves on getting deals done for you.