Maine Subsurface Easement Agreement from one Lessee to Another

State:
Multi-State
Control #:
US-OG-332
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Grantor grants and conveys to Grantee a subsurface easement to enable Grantee to drill into those depths under the lands that are owned by the Grantor.

Maine Subsurface Easement Agreements are legal documents that facilitate the transfer of subsurface rights between lessees in Maine. These agreements define and regulate the permission granted by one lessee to another for the exploration, extraction, or utilization of subsurface resources on a specific property. These resources typically include minerals, oil, gas, or any other valuable substances found below the surface of the land. There are various types of Maine Subsurface Easement Agreements, each tailored to specific circumstances and requirements. Some common types include: 1. Mineral Extraction Subsurface Easement Agreement: This type of agreement allows one lessee to grant rights to another lessee for the extraction of minerals, such as coal, limestone, quartz, or various ores, from the designated property. 2. Oil and Gas Subsurface Easement Agreement: This agreement specifically deals with the exploration, extraction, and production of oil and gas resources from the subsurface of the land. It outlines the terms and conditions under which the lessee can access and utilize these resources. 3. Geothermal Subsurface Easement Agreement: Designed for geothermal energy exploration and utilization, this agreement enables one lessee to allow another to exploit the thermal energy stored beneath the land surface for electricity generation, heating, or cooling purposes. 4. Water Rights Subsurface Easement Agreement: This type of agreement applies to cases where subsurface water rights are involved. It permits one lessee to transfer the rights to another for the extraction or use of groundwater, artesian wells, or any other water sources found below the land surface. These Maine Subsurface Easement Agreements are highly customizable and contain specific provisions related to the duration, compensation, liability, environmental considerations, and dispute resolution mechanisms. It is crucial for both parties to thoroughly review and negotiate these agreements to protect their respective interests and avoid any future conflicts. Overall, Maine Subsurface Easement Agreements are vital legal instruments that facilitate the transfer and regulate the utilization of subsurface resources between lessees, ensuring transparency, clarity, and legal compliance throughout the process.

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FAQ

An easement is a "nonpossessory" property interest that allows the holder of the easement to have a right of way or use property that they do not own or possess. An easement doesn't allow the easement holder to occupy the land or to exclude others from the land unless they interfere with the easement holder's use.

An easement is the right to cross or use someone else's land for a specific purpose. The owner of the easement does not own the land, just the right to use it. The owner of the land may also use the area covered by the easement as long as they do not interfere unreasonably with the purpose of the easement.

An appurtenant easement is a property right that allows the holder to use an adjoining piece of real estate. This real property transfers with the land. A dominant tenement is the parcel of land that derives benefit from the easement while a servient tenement is the land parcel that provides the easement.

A private easement is an agreement between two property owners giving the owner of one property the right to use another's property for a specific purpose. For example, such an easement might be drawn up if a neighbor needs to run pipe under your property to get to their house. These may be freely granted or sold.

An easement is a real estate concept that allows one entity, whether an individual or organization, to use another entity's property in a stated way. Some easements come attached to a specific piece of property, with the dominant property holding the easement over the servient property.

An easement allows its holder the right to use another person's land for the purpose specified in the deed granting the easement. The landowner retains full ownership of the land and can use it in any way that does not interfere with the rights granted in the easement.

An easement is defined as the grant of a nonpossessory property interest that grants the easement holder permission to use another person's land.

An express easement is created by a written agreement between landowners granting or reserving an easement. Express easements must be signed by both parties and are typically recorded with the deeds to each property.

More info

Install a new underground water pipe running from Route 1 along the. Premises ... Otherwise Buyer shall complete the transaction and shall receive an. This form is used when the Grantor grants and conveys to Grantee a subsurface easement to enable Grantee to drill into those depths under the lands that are ...In order to meet the definition of a “qualified conservation contribution,” the conservation easement must meet several criteria: 1. Be “an easement or other ... Subsurface Easement Agreement (From One Lessee to Another) · Supplemental Right of Way Agreement (To Amend Original Agreement) · Supplemental Right of Way ... Get the up-to-date Subsurface Easement Agreement from one Lessee to Another ... Click on New Document and select the file importing option: upload Subsurface ... by KE Hermansen · 2018 · Cited by 11 — An easement is a right in the owner of one parcel of land, by reason of such ownership, to use the land of another for a special purpose not ... Jan 15, 2015 — Each Lot shall be and is hereby made subject to an easement in favor of the Association and its agents, employees, servants and contractors and. Nov 5, 2019 — Utility easements give utility companies the right to use another person's property for a specific purpose. FindLaw provides resources on ... There are two broad ways that a right-of-way easement can be established, first by express consent of the owner of the burdened estate, and second by operation ... The deed and other transfer documents are to be delivered and the Purchase Price paid on or before December 20, 2018, at. 1:00 p.m. at the offices of Buyer's ...

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Maine Subsurface Easement Agreement from one Lessee to Another