Land Lease

Signed a lease with Wishgard almost a year ago with absolutely no action yet.  Hard to get a hold of anybody as to why we haven't heard from them (no money, no recording, etc.).  Any suggestions?

 

 

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Permalink Reply by Dane Ridenour on March 1, 2013 at 7:29am

send them a certified letter for failure of payment, give them 30 days to cure default.

Permalink Reply by Farmhouse on March 1, 2013 at 11:33am

Your lease SHOULD have language regarding their obligation to pay.

If they are in breach of that agreement then do as Dane says and send certified letter with 30 days to cure default.

Or one step better, have an Atty. do for you. 

IMHO

Permalink Reply by Thomas Gaffney on March 1, 2013 at 2:12pm

Thanks!

Permalink Reply by Dane Ridenour on March 1, 2013 at 2:28pm

what county is your property in?

Permalink Reply by Samuel J. Orr on March 1, 2013 at 3:43pm

Thomas: Why did you sign with an out fit like Wishgard?. This company is an obvious shell. You get paid bonus money only if and when they are able to assign ("flip") your lease to a real O$G company for more money! Sad that landowners continue to sign leases  with fly by night companies like this. I just don't get it! But it happens over and over and over again???

Permalink Reply by Thomas Gaffney on March 1, 2013 at 4:53pm

Wetzel County.  I live in Ohio.  I am not really "in touch" with who or what is available down there.

Permalink Reply by D Thomas on March 1, 2013 at 5:40pm

Yea.. forget about Wishgard.. doesn't appear it's going to happen.

Join with a group of Landowners who actually hAve a sAy in the contract.. seems to be the ONLY way to get a Fair Lease.. otherwise some poorly structured attorney's groups usually just want to make a fast buck.. at your expense.

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