Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor

State:
Multi-State
Control #:
US-OG-572
Format:
Word; 
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Description

The Affidavit states that the Primary Term of a Lease is Not Extended by Additional Bonus Payment.

Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor In Montana, an Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor refers to a legal document used to establish that the primary term of a lease agreement has not been extended by any additional bonus payment made by the lessor. This affidavit is particularly significant in the context of lease agreements for properties such as land, real estate, or mineral rights. Keywords: Montana, affidavit, primary term, lease, extended, additional bonus payment, lessor There are different types of Montana Affidavits That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor, depending on the specific context. Some common variations include: 1. Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment for Land Lease: This type of affidavit applies when the lease agreement involves land, typically for agricultural purposes, commercial development, or other land-related activities. The affidavit ensures that any bonus payment made by the lessor does not extend the lease's primary term. 2. Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment for Real Estate Lease: This type of affidavit is appropriate when the lease agreement pertains to commercial or residential real estate properties. It verifies that any additional bonus payment made by the lessor does not have the effect of extending the lease beyond its primary term. 3. Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment for Mineral Rights Lease: When the lease agreement involves the extraction of minerals or other natural resources, this type of affidavit plays a crucial role. It ensures that any extra bonus payment made by the lessor does not lengthen the lease's primary term, thus protecting the rights and interests of both parties involved. Each type of affidavit aims to safeguard the integrity and validity of lease agreements in Montana. By explicitly stating that any additional bonus payment does not extend the primary term, the affidavit helps avoid confusion, disputes, or potential legal issues that may arise between lessors and lessees. In summary, a Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor is a legal document used in various lease agreements to confirm that the lease term remains unchanged despite any bonus payments made by the lessor. Whether it's a land lease, real estate lease, or mineral rights lease, this affidavit ensures clarity and transparency in lease transactions, protecting the rights of both parties involved.

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How to fill out Affidavit That Primary Term Of Lease Not Extended By Additional Bonus Payment By Lessor? When it comes to drafting a legal document, it's ... Add the Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor for redacting. Click the New Document button above, then drag ...A current address and email of the applicant must be included. • The non-refundable application filing fee is $15.00 per application. An application for each ... ... long thereafter as oil or gas is produced in paying quantities from the premises; provided, further, that this lease shall not be extended for more than a ... by JH Kemp · 1982 · Cited by 8 — 3 3 The Robinson case involved a suit by a lessor to cancel an oil and gas lease on the ground that it expired by its own terms or by the lessee's breach of the ... ... the primary or extended term, nor to abridge Lessee's right to a suspension under any applicable statute of this State. 25. LEASE SECURITY: Lessee shall take ... the supplemental agreement unambiguously required payment of the bonus by January 12 and that the lease terminated by its own terms when payment was not. by JB McFarland · Cited by 3 — Most royalty owners would be surprised to know that, under the typical oil and gas lease form, the Lessor may not terminate the lease as a remedy for Lessee's ... Landlord, in consideration of the rents to be paid and the covenants and agreements to be performed and observed by the Tenant, does hereby lease to the Tenant ... by KP Jones · Cited by 4 — The lessor wishes to maximize the upfront bonus and royalty to be paid, minimize the length of the primary term, and require diligent development of the ...

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Montana Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor