Canadian county section 16, T13, North R 7 west

Be offered $2,500 for 3/16, $1,500 per acre at 1/5 and $0 at 1/4.

What would you do?

I would take the 1/4th. But I would negotiate the terms of the lease. The first one they put in front of you is most likely all in their favor and not in yours.

1 Like

I would counter them with $5,000 an acre and 1/4.

But I would negotiate the terms of the lease. The first one they put in front of you is most likely all in their favor and not in yours.

Counter but the lease terms could bind you, your heirs & their heirs for decades.