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There are a large number of people who would tell you that you should never sell mineral rights. This is bad advice! It’s important to understand that selling mineral rights depends on your personal situation. The decision to sell mineral rights ultimately comes down to many different factors.
Everyone's situation is different and life events such as job loss or medical bills may necessitate the sale of mineral rights to meet immediate financial needs. Here are 5 important tips if you are thinking of selling mineral rights in a situation where you must sell some or all of your minerals.