I have leased property to a company. Another company has offered to buy the property and said that the lease would not matter. How could it not matter?
They may mean that the existence of the lease was something that they were already aware of and it doesn’t change the purchase price. If the lease is still in it’s primary term or held by production, it sounds like they want to acquire the mineral interest, subject to the lease. An Operator would then be notified and need documented evidence of the transfer to change the new owner to be the recipient of any royalties going forward. Depending on your title status, they may need your assistance to cure any title issues.