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  2. Preemption Act of 1841 - Wikipedia

    en.wikipedia.org/wiki/Preemption_Act_of_1841

    The Preemption Act of 1841, also known as the Distributive Preemption Act (27 Cong., Ch. 16; 5 Stat. 453), was a US federal law approved on September 4, 1841. It was designed to "appropriate the proceeds of the sales of public lands... and to grant 'pre-emption rights' to individuals" who were living on federal lands (commonly referred to as "squatters".)

  3. Royalty payment - Wikipedia

    en.wikipedia.org/wiki/Royalty_payment

    A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.

  4. Royalty Exchange - Wikipedia

    en.wikipedia.org/wiki/Royalty_Exchange

    Royalty Exchange is an American company that operates an online platform for buying and selling royalty assets of any type, mostly music, where royalty owners can sell their future payments to investors as alternative assets. The company hosts a centralized marketplace and online auction platform that connects a community of over 22,500 ...

  5. Senior housing locations across Illinois listed for sale ...

    www.aol.com/senior-housing-locations-across...

    The nonprofit company served 12 communities of independent living, assisted living and long-term health services for seniors across Illinois, Indiana, Iowa and Missouri.

  6. Mineral rights - Wikipedia

    en.wikipedia.org/wiki/Mineral_rights

    The royalty paid is a function of the net value of the proceeds from the sale of the oil, gas, or other substance, multiplied by the owner's revenue interest decimal, less any amounts deducted for taxes or other deductions. [17] The revenue decimal used to calculate the amount of an owner's royalty check is calculated with the following ...

  7. The 5-bedroom, 6-bathroom house located in Winnetka, Illinois was put up for sale at $5.25 million late May, according to the Zillow listing. The home's exterior was used as the McCallister's ...

  8. This NJ home sold for $255K over asking price — here’s why ...

    www.aol.com/news/unassuming-jersey-home-sold-255...

    A modest home in the Butterworth Farms neighborhood of Morris Township, New Jersey turned heads this month when it sold for an eye-popping $255,000 above the asking price, marking a staggering 26% ...

  9. Overriding Royalty Interest - Wikipedia

    en.wikipedia.org/wiki/Overriding_royalty_interest

    The overriding royalty interest, for well units, is calculated as follows: (Overriding Royalty Rate) × (Working Interest) × (Mineral Interest) × (Tract Participation Factor) = ORRI [2] Where the terms are defined as follows: Working interest is the ownership interest that would require the participation in production expenses. [3]