Hello, I'm completely new to the leasing business and have a question or 2. I was recently contacted by JB Land Service w/an offer of leasing my part of an undivided property. The other family member involved, which has controlling interest of the property, already signed a lease w/JB Land. I've been told by a friend that I would probably be better off if I didn't sign a lease since my portion of land is small and undivided. I believe their point was if I wasn't under a lease the land company would still have to pay me if any production was made. My question is would I be better off signing or not signing the lease. I've read over their terms and they seem to be what's on the table for everyone, $300. an acre for 3 years. I've talked w/neighbors in the community and they have been signed as well w/JB. Any help and/or advice would be greatly appreciated!!
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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