Get Application & Checklist For Highway Right Of Way Lease 1 Lessee - Glo Texas

Filling out the Application & Checklist For Highway Right Of Way Lease 1 Lessee - Glo Texas can seem daunting. However, with the right guidance, you can complete the form accurately and efficiently, ensuring compliance with all necessary requirements.

Follow the steps to complete the application online with ease.

1. Press the ‘Get Form’ button to obtain the form and open it in your editing platform.
2. Fill in the lessee's name and address exactly as you wish it to appear on the lease. Ensure that all spelling and formatting is correct.
3. Provide the highest adjacent bonus per acre paid in the designated field. This figure should reflect recent transactions.
4. State the total consideration to the Commissioner of General Land Office. This includes specifying the net acres and the corresponding amount.
5. Indicate the term duration for the lease, which should be aligned with the longest term remaining on adjoining leases but not exceeding three years.
6. Complete the fields for the highest adjacent lease royalty rate and shut-in royalty, making sure to follow the minimum requirement for shut-in royalties.
7. Input the total gross acres and total net acres for the lease in their respective fields.
8. Specify the county where the highway or roadway is located.
9. List all names of the road, highway, or street being leased in the provided section.
10. Answer the questions regarding control of minerals or leasehold adjacent to the highway/roadway and if the location is on Relinquishment Act Lands by marking 'Yes' or 'No'.
11. Ensure you complete the checklist on the second page, collecting all necessary documents and confirmations as listed.
12. Once all sections are filled out, you may save, print, or share the completed document as needed.

Begin your application process online today to secure your highway right-of-way lease.