MRP 256: Beware of this Tricky Term Royalty Deed Scam
Update: 2024-08-22
Description
As a royalty interest owner, you need to be on the lookout for a new type of deceptive scam that's been making the rounds - the "term royalty deed" scheme. This tricky tactic is preying on unsuspecting mineral owners, so it's crucial to understand how it works so you don't fall victim.
Experts in the mineral rights space have been sounding the alarm on this scam, which involves a particular unscrupulous landman acquiring what appears to be a simple one-year "term royalty assignment" from mineral owners. However, the fine print in these agreements is where the deception lies. Listen to learn more.
As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.
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