Rental Reviews, Damage Assessments and Settlements

Rental Reviews

• Write and mail or deliver Lessor notification letters, of right to have rental reviewed (required by legislation), if desired.
• Review rentals, giving thorough consideration to current rates and trends with regard to Loss of Use and Adverse Effect.
• Contact other area operators and active land companies / counterparts to further research area compensation trends.
• Research soil types and crop yield potentials.
• Discuss crop yields and pricing for area crops with various marketing companies.
• Negotiate rentals.
• Represent clients at Surface Rights Board rental review hearings, if reasonable rental is not achieved and Lessor applies for subsequent SRB hearing.

Damage Assessments and Settlements

• View affected area, either off lease impacts or the Right of Way, after construction completion.
• Assess impacts and actual damages.
• Take any photographs deemed appropriate.
• Facilitate any further clean up work or restoration required.
• Complete any necessary research.
• Undertake and complete all required negotiations and work towards reaching an acceptable and fair settlement.
• Obtain a release upon settlement.