Beware of Implied Verbal contracts

A landman is insisting we sign an oil, gas, and mineral lease he overnighted to us because he states that we had a "verbal agreement." After reviewing the written lease, we do not want to sign it; he says since we originally said we would sign it and "get it in the mail" that it is a done deal. Any help?

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Permalink Reply by Aubrey C. Sanders, Jr. on August 11, 2008 at 11:36
Please keep us informed. I might even "add names"
Permalink Reply by Iris on August 11, 2008 at 12:08
Not just "verbal contracts" bullies...Ark La Gas tried to force us into a land usage contract several years ago by sending us a check & big words in a letter.....another local group tried to do the same...wanted it for free?!...sounds like you have some good suggestions on this site...
Permalink Reply by deer slayer on August 18, 2008 at 17:01
It the state of Louisiana any transaction that has value of $2500 must be signed before a notary and two witnesses to be binding period. There is no such thing as a verbal contract in the State of Louisiana If there was such a law the courts would be overrun with cases of he said she said scenerios.
Permalink Reply by P.G. on August 18, 2008 at 18:21
The owner doesn't have to be present in front of the notary. Only the landman and witness swearing in front of the notary that the landowner signed the lease!

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