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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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

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Posted by Char on May 29, 2025 at 14:42

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