Louisville Kentucky Agreement that Statement of Account is True, Correct and Settled
Category:
State:
Multi-State
City:
Louisville
Control #:
US-1107BG
Format:
Word;
Rich Text
Instant download
Description
A mineral lease is an agreement between a property owner and another party who is allowed to explore and extract minerals that are found on the property for a stated time. The property owner receives payments based on the value of the minerals that are extracted. In other words, a mineral lease is a right given to use land for the purpose of exploration for a particular period of time or indefinitely upon payment of royalties to the landowner.
