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Members of the Forest Landowners Association are a diverse group of individual & institutional landowners, consulting foresters, and corporations. Motives for their support are varied but FLA is an advocate of all private landowners-regardless of size, corporate structure, location, certification status, or tax classification.
In 2024, some local drillers reported paying landowners an average of $500 per acre, but lease bonus payments in southeast Ohio can range from $3,000–$6,000 per acre, according to McCleery Law ...
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
Ohio was a world leader in oil production in the late 19th and early 20th centuries. The Ohio oil and natural gas industries employ 14,400 citizens, resulting in $730 million in wages. The industries paid $202 million in royalties to landowners, and $84 million in free energy. [7]
It was 1747, the year in which residents west of the Susquehanna lobbied the PA Assembly to let future York County withdraw from Lancaster County.
The property owners paid the fee to the homeowners' association. [177] The Court agreed that "a covenant to pay a sum of money is a personal affirmative covenant which usually does not touch or concern the land." [178] Nonetheless, the court reasoned that property owners gained access to public roads, beaches, and public parks, and public ...
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The royalty paid is a function of the net value of the proceeds from the sale of the oil, gas, or other substance, multiplied by the owner's revenue interest decimal, less any amounts deducted for taxes or other deductions. [17] The revenue decimal used to calculate the amount of an owner's royalty check is calculated with the following ...