More Lease Questions
Hello Everyone,
My parents leased their land in Natchitoches Parish five years ago for very little. The lease is set to expire next March 2011. There is a re-lease clause in the contract.
My question is...Is there anyway to get out of the re-lease clause? I'm afraid I know the answer but was hoping someone had a magic remedy.
Thanks,
Dennis
My parents leased their land in Natchitoches Parish five years ago for very little. The lease is set to expire next March 2011. There is a re-lease clause in the contract.
My question is...Is there anyway to get out of the re-lease clause? I'm afraid I know the answer but was hoping someone had a magic remedy.
Thanks,
Dennis
Views: 33
Replies are closed for this discussion.
Replies to This Discussion
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Permalink Reply by Mac Davis on -
If they send you a check to renew, be sure to check that the check comes on time, including being postmarked before the deadline. Don't cash it if it's late. A number of people have reported that they have not gotten renewal checks until after the deadline. I don't know if anyone has actually gotten out of a lease this way.
How many acres is it for?
Section, Township, Range? -
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