# Mineral rights

**URL:** https://www.mineralrightsforum.com/t/mineral-rights/2127
**Category:** General Mineral Rights Discussion
**Created:** [August 28, 2017, 7:46pm UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127 "2017-08-28T19:46:33Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Jennifer\_Glasser](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jennifer_glasser/32/196_2.png) [@Jennifer\_Glasser](https://www.mineralrightsforum.com/u/Jennifer_Glasser)
#### Post date: [August 28, 2017, 7:46pm UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127/1 "2017-08-28T19:46:33Z")

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Does anyone know how long it takes to close and get paid, when you sell your mineral rights after signing PSA? The title is all clear and up to date.

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### Author: ![PT\_Brown](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/76d3ee/32.png) [@PT\_Brown](https://www.mineralrightsforum.com/u/PT_Brown)
#### Post date: [August 28, 2017, 9:35pm UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127/2 "2017-08-28T21:35:39Z")

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Usually it’s around 30 days. It’s possible Hurricane Harvey could be affecting things.

You could also put a closing date on your PSA.

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### Author: ![WV\_Mineral\_Owner](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/f08c70/32.png) [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [August 29, 2017, 2:00am UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127/3 "2017-08-29T02:00:15Z")

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That is usually stated in the Purchase Agreement. I have set closing dates of anywhere from 30 to 180 days, depending on the complexity of the transaction.

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### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson)
#### Post date: [August 29, 2017, 10:20pm UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127/4 "2017-08-29T22:20:11Z")

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If the terms of a PSA don’t have a drop dead date, it isn’t a legitimate PSA. Payment may depend on how long it takes to flip or open title negotiations.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:22pm UTC](https://www.mineralrightsforum.com/t/mineral-rights/2127/5 "2025-01-11T19:22:42Z")

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