FOLIO Ontology

Resource Lease

IRI:
https://folio.openlegalstandard.org/R8e6XPDUvLQ6Y84qiuw7rgE
Preferred Label Ground Lease
Alternative Labels

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Definition

A Resource Lease is an agreement granting rights to extract natural resources (like minerals, timber, or oil) from a property in exchange for payments, typically royalties based on the amount extracted.

Class Relationships

Children 0

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Identifier

N/A

Deprecated

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Source and Origin

No source or origin information available