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The nondisturbance clause, when properly worded, ensures that the rental agreement between the tenant and the landlord will continue under any circumstances, including mortgage default or the sale of the property. This is done primarily to protect the renter from eviction by the mortgagor if the property is foreclosed upon. A nondisturbance clause ensures that a tenant will not be evicted in the event that the landlord goes bankrupt or sells to a new owner.
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When did the statutory pugh clause take effect?
I think he is referring to the Statutory Pugh Clause in Oklahoma which went into effect for leases executed after May 25, 1977. Basically this is a horizontal pugh clause that does not allow leases to hold more than the producing unit (in cases where units are >160 ac) for more than 90 days after expiration of primary term. So to answer the question directly, yes you need to ensure that the lands you are running title to were not subject to an O&G Lease dated prior to 05/25/77 that covered lands outside of your tract. If those lands were included in a lease with other lands you will need to ensure that those other lands are no longer producing. The easiest way to do this is to make a note of any leases with multiple tracts as you are running the title. Then at the end you can check for possible continuous production on those tracts.
Who played Lucy in the Santa Claus 3?
Liliana Mumy Played Lucy Miller In The Santa Clause 2 And The Santa Clause 3: The Escape Clause.
Fragment vs phrase vs clause vs sentences?
clause because it simply has a subject and predicate
What does be it for commercial and non-commercial purposes?
Non-commercial refers to an activity or an entity which does not, involve commerce, at least relative to similar activities that do have a commercial objective or emphasis.
What is the background music in the discount tire commercial?
Which Commercial?
