I just received a lease and find it unbelievable that they would blatantly direct me to sign a legal document, notarize it and return it back to them without any compensation at all until, 30 days from the return of their lease which, in no doubt puts them in the best of positions! Then, if that's not enough to ruffle your feathers, they purport to add clauses to give themselves a way out of not paying you if they so choose or worse, can record the lease that you signed and make you fight for your money while they proceed to whatever they want.
After you sign the lease, you are not given the same leeway (as they give themselves) to get out of anything, but they will hold your feet to the fire because, its a legal binding contract that you, not them, signed. This is outrageous and I can't believe this actually goes on!
Furthermore, they have had ample time to verify that I am the actual owner of the mineral rights, but feel this is used as an excuse to hold your money and buy them time while holding your lease!
I would never consider conveying any deed over before being fully compensated at the same time.
Google Michigan to read about what happened with the mineral leases there!
Why is business being done this way??