Daniel cohen's Blog – November 2009 Archive (1)

Lease legality

As I understand usual leases, all parties to the agreement sign. In a typical gas lease, the land owner signs, and is witnessed by the landsman. The actual oil/gas company doesn't sign. Does this make the lease either illegal, or less binding, or act as a weasel clause for the oil company to walk away from property/aquifer destruction claims? Clarification would be most appreciated.
Dan

Added by daniel cohen on November 16, 2009 at 12:25pm — 23 Comments

© 2021   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service