FAO Warns Landowners about Selling Surface Leases Go back

Tuesday, May 31, 2016

On April 22nd, the Farmers' Advocate Office (FAO) released an advisory to landowners regarding recent reports of enterprise offering to buy surface leases. 

According to the FAO, "As an increasing number of operators face insolvency or other financial restraints, selling surface leases is apparently being promoted as a means of eliminating a perceived risk of landowners not receiving their annual compensation."

The FAO plans to release more details about these proposed sale arrangements, and has cautioned landowners to consider possible implications that these sales may have.

Aggregate Facts

In the past 60 years, the per capita consumption of aggregate has increased from 3.5 tonnes per year to 12 tonnes annually.