Should I insist on a Pugh clause on my lease?

Is a Pugh clause necessary on a lease

Not necessary, but generally a good idea. Especially as to split horizons.

Best,

Buddy Cotten

I agree. It is not a dealbreaker but it is something that I would certainly want if it was my interest. Pugh clauses can be vertical or horizontal and vary in scope, so try to negotiate for the one that gives the operator the least amount of wiggle room.

Thankyou, good information, I appreciate it, my siblings and I are pretty new at this and I’m getting all the information I can!

This topic was automatically closed after 60 days. New replies are no longer allowed.