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Should a Oil Royalty seller sign a Quit Lease that was sent from a possible buyer?
Wiki User
∙ 11y ago
You need to consult an attorney in your jurisdiction.
You need to consult an attorney in your jurisdiction.
You need to consult an attorney in your jurisdiction.
You need to consult an attorney in your jurisdiction.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYou need to consult an attorney in your jurisdiction.
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What is a royalty percentage?
The royalty percentage determines how much share of the production you will receive. When you sign an oil and gas lease, you will typically be paid a lease bonus up front and also agree to a royalty percentage. The royalty percentage in your lease will determine how much cash you receive from the production since your share will be calculated based on this number. As a mineral owner, you want to negotiate the highest royalty percentage possible.
What does it mean when property information includes this phrase Seller is related to the licensee?
The seller is related to the agent listing the property for sale or lease.
Can you buy a car and turn around and lease it?
you can for a private seller but if you buy multiple car's and lease them it would be illegal unless you have a dealer license.
What happens if you trade in early A lease?
Getting Out of Your Car LeaseTrading in a car lease prior to the lease termination date is often a costly and credit damaging act. For many lease companies, they treat this as a "voluntary repossession" harming your credit and will charge an early termination fee, often being a few thousand dollars.A better route to take to get out of your lease is called a "lease assumption". In a lease assumption, a lease seller (the original lessee) transfers the vehicle and lease responsibility to a lease buyer (the new lessee). Once the lease assumption is complete, the buyer will make the remaining lease payments until the lease end date.With a lease assumption, the lease seller (original lessee) gets out of their lease without further financial responsibility saving them money. In addition, the lease company looks at this as a fulfillment of their credit obligation earning a positive mark on their credit history.For the lease buyer, they are often getting into a lease with no money down. In addition, monthly payments are often subsidized by a seller cash incentive offered by the seller, thus lowering the effective monthly payment for the lease buyer.Their are a few online marketplaces that specialize in matching lease sellers with lease buyers. The market leader, LeaseTrade.com, offers an easy to use marketplace with the highest success rates in the industry. If you are looking to get out of your lease early, they may be worth a look.
Is a lease void if the apartment is not ready on the date promised and the tenant never received a lease?
Compensation should be made for the problem, but if the lease is signed, it is in force. Check with your state for the possible remedies you have for failure to have a habitable place.
How do you register a commercial lease?
A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.
Should you call the lease creditor that you want them to reposes my lease auto?
Yes, give them a call and work it out. If at all possible avoid a repossession. It will negatively effect your credit for 7 years.
How long do you have to cancel a Lease Agreement that hasn't gone into effect?
Read the lease. It may not be possible.
Is it possible to lease a refrigerator?
Yes you can lease a refrigerator if you wanted to. These companies lets you do that: www.rentalcompanyone.com and www.fosterrefrigerator.co.uk
How do you apply for a title if a title was never issued?
If a title was never issued, how did you get the car? Every vehicle starts out with a manufacturer's certificate that can be traced. It should be possible to trace the first sale of that vehicle. If it was a legal sale and that owner never got a title and sold you the car, you should be able to contact the appropriate governmental entity and get a title. Normally when you purchase a car that has been a lease and never had a title issued, the seller has all the legal documents that you need to get the title. Frequently, you paid a fee for the seller to get you the title.
Can a failing business get out a longer term lease?
If a business is failing, management can try to negotiate with the lessor to determine if they can get out of the lease. It is possible to get out of the lease, but you will likely have to pay fees.
Where can I lease company cars?
I think people should go to lease trader. Lease trader will give you all the information that you need to tell you where you should lease a car. They make sure that you are happy when you leave there office.
