Kansas Underground Storage Lease and Agreement (Surface Only)

State:
Multi-State
Control #:
US-OG-1182
Format:
Word; 
Rich Text
Instant download

Description

This form is an underground storage lease and agreement for surface only.
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  • Preview Underground Storage Lease and Agreement (Surface Only)
  • Preview Underground Storage Lease and Agreement (Surface Only)
  • Preview Underground Storage Lease and Agreement (Surface Only)
  • Preview Underground Storage Lease and Agreement (Surface Only)
  • Preview Underground Storage Lease and Agreement (Surface Only)

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FAQ

Key terms in a lease include: How long the lease is, and what flexibility you will have if you want to leave the premises before the lease comes to an end. What the costs will be, including rent and any service charge.

The property owner is called the "landlord" or the "lessor." The person who is entitled to occupy property is called the "tenant" or "lessee." As with any contract, the rental agreement should be in writing to avoid misunderstandings and should contain all of the terms agreed to by the parties.

Amount of rent and due dates, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any. Amount of security deposit and the account where it is held.

One-year leases are by far and large the most popular length for leases. They're good if you have high-quality tenants and an effective tenant screening process in place. In this case, year-long leases are good because it secures good tenants for a long period of time.

In most cases, the lease agreement will outline the terms of the renter's tenancy, including the length of time they're renting, the upfront fees they'll pay, the monthly rental amount, and the rules and regulations governing the property's use.

In Kansas, the landowner usually owns the subsurface rights, but sometimes these rights have been severed, or separated from the surface ownership. Severance of mineral rights occurs when the owner of both the surface and mineral rights sells or grants by deed the mineral rights underlying their property.

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Kansas Underground Storage Lease and Agreement (Surface Only)