Transaction process overview
We appreciate your time to learn more. We always strive to provide the smoothest, simplest transaction process possible, and our transactions are typically closed within 21 - 45 days of initial landowner contact. Below, we have included an overview of our simple 5-step transaction process.
01.
Initial diligence & indicative value
Seller provides 1) the amount of historical payments received from the wind farm operator each year and 2) a copy of the wind energy lease or easement agreement. Utilizing this information, we are able to complete preliminary due diligence and provide an offer.
02.
Binding agreement
Subsequently, we provide a binding Purchase & Sale Agreement that includes the amount of the initial deposit, the total purchase price, the length of time for the closing due diligence period and other terms & conditions of the transaction.
03.
CLOSING DUE DILIGENCE
We review title, surface conditions and other customary closing diligence items.
04.
Transaction closing
We send the transaction closing documents for your review and signatures. At closing, we send you the purchase price. Once we’ve received the signed transaction documents, Notus files the documentation with the county clerk.