Number of credits for a AA/AS Degree The number of credits that are required to complete an associate's degree will depend upon the state mandate and your program of study. Typically, this degree requires 60 to 64 semester hours or 95 to 105 quarter hours.
Delay rental payments This is money paid to the landowner for the period of time after you've signed the lease but before the gas company begins drilling. This is a per-acre amount that is much small than the up-front bonus (can be as low as five dollars per acre).
What is 'Economic Rent'. Economic rent is an excess payment made to or for a factor of production over the amount required by the property owner to proceed with the deal. This often occurs when a buyer, working to attain a good or service that is considered exclusive, makes an offer prior to hearing what a seller considers an acceptable price.