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Simple English definitions for legal terms

entirety clause

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A quick definition of entirety clause:

An entirety clause is a part of a mineral lease or deed that says if the property is divided after the lease is given, the royalties must be divided too. This means that if the owner of the property sells a part of it, the person who leased the property will have to pay more royalties. It's like a rule that makes sure everyone gets their fair share.

A more thorough explanation:

An entirety clause is a provision in a mineral lease or deed that states that royalties must be divided if the property is divided after the lease is granted. This means that if the owner of the property decides to sell or lease a portion of the land, the royalties from the oil and gas extracted from that portion will be divided between the original owner and the new owner.

For example, let's say that John owns a piece of land and leases it to an oil company for drilling. The lease agreement includes an entirety clause. A few years later, John decides to sell a portion of the land to his neighbor, Jane. If the oil company continues to extract oil and gas from the entire property, the royalties will be divided between John and Jane. John will receive royalties for the portion of the land he still owns, and Jane will receive royalties for the portion she purchased.

The purpose of an entirety clause is to ensure that all parties involved are aware of their rights and responsibilities if the property is divided. It also helps to prevent disputes between the original owner and any new owners.

entirety | entire use

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19:02
Hmmm. I guess that’s okay.
19:03
Honestly, idk what I would call myself these days. Will probably not know until I can reflect on this part of my life which will be idk, in like 5 years when I am 32.
19:06
Does your life come in 5 year epochs typically?
19:06
Someone told me a while ago that I was probably molested as a kid because I don’t really have any clear memories of my childhood. But I don’t think I was.
1a2b3c4d26z
19:10
Inside thoughts!
19:10
this is where I post my inside thoughts
19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
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