Frequently Asked Questions

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There are numerous reasons to sell, including securing the current value, earning a lump sum, estate planning and retirement, pursue other businesses, or simply taking advantage of the market.

Every situation and interest is different, some interests are larger than others, some are concentrated in one area, others are spread out in multiple areas, basins, or even multiple states. These factors all impact the speed and timing of closing. Relic can close a transaction in as few as 3 days for a smaller interest, and larger interests can take 30 days to close. 

We need copies of the most recent revenue statements, legal descriptions, ownership percentage, and information on the record title holders of the interests to be sold. We may need additional information prior to closing, but in most cases can provide an offer with minimal information from you.