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Negotiating the term provision for a wind lease is one of the most important functions counsel can accomplish. Too short of a term, and the wind lease development may not be financially viable. Too long of a term, and the landowner’s heirs and assigns will be burdened by terms they never negotiated. Now, in light of government intervention in offshore wind development projects, thought has to go into whether a wind lease term should be voided based on negative government action. Learn how to negotiate and draft the correct wind lease term with this video.
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