Question on Addendum

I'm looking to get out of lease.

On the original lease  time for bonus payment is 150 days+ a 30 day letter to pay up.

Addendum says it shall prevail when in conflict with orignal terms

on Addendum it says bonus shall be paid in 120 days after receipt of executed lease.no 30 day  letters or nothing.

So am I in the clear after 120 days???

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Permalink Reply by mark on May 10, 2014 at 12:21am

morning adam

   the addenda overrides any thing in the original lease I think the question would be what they define as a executed lease. filed at the courthouse?  stamped? maybe should contact O&G company or your lawyer  to find out exactly what constitutes an executed lease IMHO

Permalink Reply by adam sorell on May 10, 2014 at 1:27am

The O&G company doesn't really exist. It's a shell company with only a PO BOX.  Nothing was recorded yet. But if they do record then i'm screwed because how would I get it removed without costly legal work.

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