Question

minimum rent in royalties?​

Answer 1

Answer:

Minimum Rent:

Usually, the royalty agreements contain a clause for the payment of a fixed minimum amount to the lessor every year as royalty—irrespective of the actual benefit to be taken by the lessee—simply in order to assure the lessor of a certain regular income from his property.

Hope it's helpful for you mate

Please follow me

And please mark it as a brainlist