lease agreement

we inherited royalties in LA.  where or who do we find a copy of original lease agreement?

thanks,

g. gray

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 3, 2014 at 6:48

In the public records of the parish where the mineral interest is located.  Depending on the parish and the date of the lease a copy may be available online.

Permalink Reply by glyn allen gray on February 8, 2014 at 8:37

thanks. didn't red yours until after i had responded to Bobi.  i'll try company but i won't hold my breath.  Cheaper than driving to parish seat tho.

G.Gray


landownerPermalink Reply by Henry on February 3, 2014 at 13:58

I would think the company could also provide a copy to you, right?


landownerPermalink Reply by Bobi Carr ("parker") on February 3, 2014 at 14:47

I hope it's recorded and not a memorandum of lease.  If it is a memorandum of Lease, the attorney who prepared the lease should have a copy.

Permalink Reply by glyn allen gray on February 8, 2014 at 8:33

thanks,  "memo" will be hard to trace i think since wells were drilled in '70s.

otherwise where would it be recorded?  i'm in Texas and have no idea about how this stuff gets where its going in LA.

 

G. Gray


landownerPermalink Reply by Bobi Carr ("parker") on February 8, 2014 at 8:44

If it's from the 70's, it won't be a memorandum of lease.

As Skip said, it will be recorded in the Clerk of Court records of the Parish where the property is located.  


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 8, 2014 at 14:35

Ask jffree1.

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