Buy Oil and Gas Royalties – All You Need To Know About the Concept of Escheat It is every year that millions worth of gas and oil royalties are produced in different US states such as Texas. However, at the very same time, a large amount of this money is lost by owners through a process called “escheat�. This, in simple terms, means that when petroleum companies, who buy oil and gas royalties are not able to find the original owner of the mineral producing property, they must then give those royalties (money) to the Texas comptroller. Such contingencies arise due to simple oversights from the side of the true owners of the property who may die due to natural causes without informing their heirs or next of kin about the deed of the land, which is producing specific minerals. These simple oversights affect the heirs in how they will be receiving their payments because if for example, the company has been paying a minimum amount in royalties and if the property is divided among many heirs then each of them will not be receiving that minimal amount at a single point in time. Therefore, it is a lesson for landowners that it costs to make certain that you are being involved with a trusted and reputed mineral royalties firm. Moreover, the people that is entitled in reality to receive the royalties from the petroleum firms that buy oil and gas royaltiesmay be original landowners who have died. In
circumstances, these people fail to leave a will behindthen according to law, there is no one entitled to receive the money from the royalties. Alternatively, in case of any legal reason like wills not being probated or even if wills have been probated but executors had failed to make the transfer deed, then the country records would show absolutely nothing about who the true owner of the property is on which gas and oil or other minerals have been found. If you are all tangled up in one such situation then you need to have a good Texas attorney by your side who will know how to investigate these kinds of matters. All you would need to do is provide the legal attorney with a document that is related to your land, which is enough evidence for an expert lawyer to help you in the recovery of dues on the mineral royalties or contact the firms directly that buy oil and gas royalties. Uni Royalties is a reputed petroleum asset management company that buys oil and gas royalties. We also help you sign profitable deals with other buyers of mineral royalties through careful assessment of your land and a leasehold agreement. For more information on how to buy oil and gas royalties, the concept of Escheat, land analysis and leasehold agreements, visit Uni Royalties (www.uniroyalties.com). You can also call us on our toll free number; 1 888 916 0220. You can also email us at sellroyalties@gmail.com and get out support 24 / 7. http://www.4shared.com/web/preview/pdf/HHbBYWT3ba