Bryson:
Thanks for the vote of confidence. I'll take a look a my lease. Thanks, again and have a good day.
Bryson Wallace said:
It all depends on the language used in the original lease. Sometime there is a grace period and sometimes there is not. I was able to locate your land and there is no way they will not extend your lease. It sits in a prime area. Your payday will come.
Mark A. Baird said:Bryson:
Thank you for information. The property is 1 mile south of the Wilson County/Karnes County line on Hwy 123. Pretty much all of the land owners here in the M.I. Leal Survey signed leases within weeks of each other on the same terms. Assuming the Lessee has not pooled my land into a unit or contacted me on the third anniversary of the lease (6/11/12), would the lease then be considered expired or is there a grace period?
Thanks.