Kansas Surface Lease Agreement

State:
Multi-State
Control #:
US-OG-254
Format:
Word; 
Rich Text
Instant download

Description

This form ias used when the Lessor grants the Lessee the right to construct, operate, and maintain on the Lands a pumping and injection station, oil production facility, buildings, pipeline connections, tanks, offices, and fixtures necessary for that station. Lessee shall have the full, free, and exclusive use of the surface of the Lands during the term of this Lease, together with the right of ingress and egress to and from the Lands, and from, over, and across other lands owned by Lessor.

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FAQ

Typically, mineral rights are associated with rural agricultural land. Agricultural land is not appraised at market value in Kansas. Thus, unsevered subsurface mineral rights are not assessed or taxed.

To own oil or any other mineral coming from your land, you must have mineral rights in addition to your property rights. In other countries, the government has a sovereign claim over all mineral rights. In the United States, private individuals can own mineral rights, unless already reserved by the government.

Transfer By Will It is also possible to transfer or pass down mineral rights by will. The right to minerals transfers at the time of death to the individuals named as beneficiaries. If no specific beneficiaries to the mineral rights are designated, ownership passes to the property and real estate heir.

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.

Landowners should consider consulting with a local mineral rights expert when it comes to reviewing the quality of a lease offer to determine if it is mutually beneficial- LandGate can refer mineral owners to a local expert. There are many factors that influence the calculation of mineral worth.

In Kansas, like in many other states, the mineral estate is considered as being 'dominant' over the surface estate to allow the owner of the oil, gas and other minerals to exploit and extract the gas and oil from underneath the land, and to use as much of the surface estate as is necessary to explore for and develop ...

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... the new operator must file the notice with an accompanying lease assignment. ... Yes, and you should indicate yourself as the surface owner on the Form KSONA-1. Jul 1, 2014 — If the lease contains gas wells, you must complete the information for each well on Side Two of this form. 1c. Gas Gathering System. Check this ...Feb 5, 2018 — An oil and gas lease is like a surface lease in that the owner gives the right to use real estate for a period of time in exchange for payment. Upon completion of any such work, Tenant shall provide Landlord with “as built” plans, copies of all construction contracts, and proof of payment for all labor ... Mar 6, 2006 — Subject: 2023 Eastern Kansas Crude Oil Price Schedule. For leases subject to the Kansas severance tax (K.S.A. 79-4217), use column designated. A statement as to the primary term of the lease. This may be of any mutually agreed to period of time, but is usually for five or 10 years. A provision for the ... How to Write a Land Lease Agreement? Follow the steps below to write your land lease agreement. Step 1 – Fill in Landlord and Tenant Information. 1. Landlord ... Sep 28, 2020 — ... the surface owner by filling out the top section of this form and that I am being charged a $30.00 handling fee, payable to the KCC, which ... You can click on the button that says "Make document" to take a closer look at the Kansas Rental Contract sample and see what information you'll need to create ... An oil and gas lease is a legal agreement that grants an oil and gas operator a license to explore and extract minerals from beneath the leased acreage. A ...

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Kansas Surface Lease Agreement