Payment on Lease

SUSAN FINCH LAYMON · 2025-12-07T21:35:49Z

I know it has been said many times, “don’t hand over the signed lease until you have the money in hand”, but….the terms of the lease we are being offered gives the company 45 days “due diligence” in which to remit payment. We have dealt with this particular landman in the past and payment has been prompt as soon as they receive the leases and required documentation. The only other option I know of is to pay a lawyer to hold the signed leases until payment has been made. To do everything absolutely correct, we’d be paying out the majority of our benefits to the lawyer! Does everyone spend that much money to protect their payment? We did hire an attorney to review the lease and shared the cost between family members. That worked as we are all signing the same lease.

General Mineral Rights Discussion

SUSAN_FINCH_LAYMON December 9, 2025, 6:51pm 9

Okki Industries is the company.