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.
Michigan Seismic Exploration and Option to Lease Agreement - Long Form
Category:
State:
Multi-State
Control #:
US-OG-238
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Seismic Exploration And Option To Lease Agreement - Long Form?
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FAQ
Hear this out loud PauseKey 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.
Hear this out loud PauseLeases don't have to be in writing. But if a lease is written, it must include the name and address where the landlord will notify the tenant of changes to the lease. The lease must tell tenants they must give the landlord a forwarding address in writing where they can be reached within four days after moving out.
Hear this out loud PauseEither you or your landlord can end the month-to-month lease with one month's notice. If your landlord wants you to move, you should be given a Notice to Quit for termination of tenancy. If you want to move, give your landlord a written, one month's notice. Always keep a copy of your notice for your records.
A Michigan month-to-month lease agreement is between a landlord and tenant for the renting of residential property without an end date. The lease will continue for an indefinite period until either the landlord or tenant decide to terminate by sending a notice to the other party.
Hear this out loud PauseSimilar 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.