District of Columbia Agreement Designating Agent to Lease Mineral Interests

State:
Multi-State
Control #:
US-OG-016
Format:
Word; 
Rich Text
Instant download

Description

This agreement provides for a mineral owner to designate a person as his/her agent for purposes of dealing with third parties, and representing the owner in leasing mineral interests. The agreement sets out, in detail, the lease terms, the compensation to be paid to the agent, and the method of delivering compensation.
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  • Preview Agreement Designating Agent to Lease Mineral Interests
  • Preview Agreement Designating Agent to Lease Mineral Interests
  • Preview Agreement Designating Agent to Lease Mineral Interests
  • Preview Agreement Designating Agent to Lease Mineral Interests
  • Preview Agreement Designating Agent to Lease Mineral Interests
  • Preview Agreement Designating Agent to Lease Mineral Interests

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FAQ

Also known as a mineral estate, mineral rights are just what their name implies: The right of the owner to utilize minerals found below the surface of property. Besides minerals, these rights can apply to oil and gas. Interestingly, mineral rights can be separate from actual land ownership.

The Fluid Mineral estate consists ofthe. subsurface resources ofHydrocarbons (Oil and natural gas, and various othFr gases such. as hydrogen, carbon dioxide, helium, and nitrogen) and Oeo1hermal (where the heat of. the earth can be captured). Fluid Mineral Estate Procedural Handbook - Indian Affairs Bureau of Indian Affairs (.gov) ? dup ? raca ? handbook ? pdf Bureau of Indian Affairs (.gov) ? dup ? raca ? handbook ? pdf PDF

Ownership of Real Property ? Investing in mineral rights grants ownership of a tangible and appreciating asset, often referred to as ?real? property. This type of ownership can provide a sense of security and stability, as well as potential tax advantages associated with real estate investments.

Mineral rights are ownership rights that allow the owner the right to exploit minerals from underneath a property. The rights refer to solid and liquid minerals, such as gold and oil. Mineral rights can be separate from surface rights and are not always possessed by the property owner. How To Understand Your Mineral Rights | Rocket Mortgage rocketmortgage.com ? learn ? mineral-rights rocketmortgage.com ? learn ? mineral-rights

The Mineral Leasing Act for Acquired Lands of 1947 (30 U.S.C. §§ 351 et seq.) extended the mineral leasing laws (the Mineral Leasing Act, etc.) to all lands acquired by the United States. The Act allowed the United States to maintain title to the land and establish lease terms for all minerals found on acquired land. Mining Law Revision (2) | U.S. Department of the Interior doi.gov ? ocl ? hearings ? MiningLawRevisi... doi.gov ? ocl ? hearings ? MiningLawRevisi...

Mineral rights are the rights to any natural resources that are present beneath a piece of property, such as oil, gas, coal or even gold.

A mineral lease is a contractual agreement between the owner of a mineral estate (known as the lessor), and another party such as an oil and gas company (the lessee). The lease gives an oil or gas company the right to explore for and develop the oil and gas deposits in the area described in the lease.

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District of Columbia Agreement Designating Agent to Lease Mineral Interests