This form is used when Grantors own the mineral interest in and control the executive rights to the mineral estate in and under the Lands and the Grantee desires to enter into this Agreement to enable it, in accordance with the terms and conditions of this Agreement, to identify, delineate, generate, configure, and lease oil and gas prospects on the Lands.
Arkansas Seismic Exploration and Option to Lease Agreement - Long Form
Category:
State:
Multi-State
Control #:
US-OG-238
Format:
Word;
Rich Text
Instant download
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How to fill out Arkansas Seismic Exploration And Option To Lease Agreement - Long Form?
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FAQ
An Arkansas month-to-month lease agreement is a document that allows either the landlord or tenant to terminate the agreement with thirty (30) days' notice. The length of the lease has no end date unless notice is provided by one (1) of the parties.
An Arkansas month-to-month lease agreement is a contract (written or oral) that allows a tenant to rent property from a landlord, in exchange for a fee (?rent?), for a period of thirty days at a time. The agreement remains active until either party gives proper notice to end it.
Similar to standard leases, rent for a month-to-month lease is usually paid every month. The tenant or landlord can end this type of lease for almost any reason. The party must do this by giving the other party a written lease termination notice that says the lease will end no sooner than one month away.
Key Takeaways. Month-to-month tenancy is a periodic tenancy wherein the tenant rents from the owner on a monthly basis. This type of tenancy is most commonly found in residential leases. Other variations of tenancies found in lease contracts include tenancy for years, tenancy at will, and tenancy at sufferance.
In Arkansas, a landlord may give notice of lease termination for any reason. Even model tenants may be subject to having a lease terminated. The landlord must give one rental period's notice for an oral lease, or provide notice ing to the terms of a written lease.