Income Producing Mineral Properties Typically Pay Every Month

2 years ago
1

Oil companies usually send the Royalty Income every month. The income received this month may be for the oil and gas produced 2 months ago. We call this getting paid 2 months in rears.

The effective date is the day you take ownership of the property and is also the day you should start earning a Royalty Income if the property is producing and generating revenue. With your ownership recorded at the County Courthouse, the effective date should be on your Deed.

If you would like to learn more and know more how you can take advantage of a Royalty income from a producing Mineral property, be sure to contact us at your convenience. Just visit our website link below for the contact information.

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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.

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