Royality payments going up and down!!!!
My aunt has about 10 acres not far from Longwood general store and has signed a lease a few years ago and she said that her royality payments go up and down depending on activity has anyone experienced this that has already have leases. I just didn't know how that works i would think that the percentage of royality that they offer would apply to the full lease aggreement.
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Permalink Reply by J Todd on
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The royalty percentage stays the same I believe. But since it is a PERCENTAGE, it will vary. For example 25% of $100 is very different from 25% of $100,000, but the percentage rate is the same. Royalty income will always be dependent on the current value of the product which is being leased. Hope this is the case.
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