How long does it take for your lease to get posted at the court house after you sign, and receive you money ? It's been well over a month and ours still hasn't been posted...also does the 3 yr lease start at signing or when they post it with the court house ? thanks for any help...
The lessee can present the lease to the clerk to record at any time after it is signed by the lessor. Once presented and recorded it is then considered an authentic act. The dates on the lease are the prescriptive dates. Help any?
The lease is effective as of signing date. Some companies hold leases for a while so as not to tip off other companies that they are leasing and where. The recording can range from immediately to several months. If there are two leases, (if someone signs another lease on same property) the first one to the court house is the one that's in effect, regardless of date.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More