What is Royalty? And how it is being paid. What is the general terms and condi

What is Royalty? And how it is being paid. What is the general
terms and conditions for royalty/

Question Posted / kksubu1

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What is Royalty? And how it is being paid. What is the general terms and conditions for royalty/..

Answer / mallikarjuna k

Rayalty is nothing but nearly rent payable to land lord.
Rayalty paid based upon the actual agrrement like actual
out put produced or fixed rent paid. Generally there is
basic conditions for royalty based upon the agrrement
prepared by the land lord if the conditions are satisfied
by the leassee they paid that agrreed royaltu.

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