A New Hampshire Surface Use Agreement refers to a legally binding contract between surface landowners and oil, gas, or mineral companies outlining the terms and conditions regarding exploration, extraction, and usage of natural resources found on or beneath the surface of the land in the state of New Hampshire. It establishes the rights and responsibilities of both parties and ensures that the process is carried out in compliance with state laws and regulations. The agreement typically specifies the duration of the arrangement, permitting the company to operate on the land for a specific period. It outlines the activities permissible during this time, encompassing drilling, hydraulic fracturing, mining, or any other related operations. Additionally, it covers the financial aspects, including compensation and royalty payment structures, often based on a percentage of the value of resources extracted. There are several types of New Hampshire Surface Use Agreements, depending on the specific resources being exploited or the nature of the project. These may include: 1. Oil and Gas Surface Use Agreement: This agreement focuses on the exploration and extraction of oil and gas resources. It outlines the protocols, safety measures, and environmental considerations related to drilling and production activities. 2. Mineral Extraction Surface Use Agreement: This type of agreement addresses the extraction of valuable minerals, such as coal, gold, copper, or limestone, from the land. It details the procedures for mining, reclamation, and rehabilitation of the site once the extraction is complete. 3. Wind Energy Surface Use Agreement: In the context of growing renewable energy sources, this agreement pertains to the development and operation of wind farms on the land. It covers matters like wind turbine placement, access routes construction, noise mitigation, and restoration once the project ends. 4. Solar Energy Surface Use Agreement: Similarly, this agreement relates to the utilization of land for installing solar panels to harness solar energy. It outlines the installation, maintenance, and eventual removal of the solar panels or associated infrastructure. These agreements are essential to protect the interests of both landowners and resource companies. They provide a framework for sustainable resource development while ensuring environmental standards are upheld and compensation is fair. It is advisable for all parties involved to seek legal advice before entering into a New Hampshire Surface Use Agreement to safeguard their rights and effectively manage the land-use arrangement.
New Hampshire Surface Use Agreement
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How to fill out New Hampshire Surface Use Agreement?
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Surface Right means the right in rem of an individual or a legal entity, which is established for a time period of up to 99 years, to construct a building within public property and to exercise on such building the powers captured by the right of ownership, in ance with Articles 18 to 26 of Law 3986/2011, as in ...
1. The land use change tax is ?10% of the full and true value? of the land that no longer qualifies for current use (RSA 79-A:7). The 10% land use change tax is not based upon the amount of taxes saved over the years in which the property was in current use.
A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.
A surface use agreement is a legal document that outlines the specific terms and conditions of the lease. It protects both the company and the landowners by detailing things like compensation, environmental regulations, and safety measures.
Current use is the means for encouraging the preservation of open space and conserving the land, water, forest, agricultural, and wildlife resources. Property owners with 10 or more acres of land, which are left in their natural state may apply.
Surface Lease means a lease, easement, or other agreement providing the holder with the right to enter the surface of any land for the purpose of constructing and operating a well, facility, flowline, roadway, or power line; Sample 1.
A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.
GETTING OUT OF CURRENT USE Owner must physically change the use of the land to a non-qualifying use, or through sale or other disposal means, create a parcel less than 10 acres. Only the changed portion comes out, the rest remains in current use if it is still 10 acres or more or meets other criteria.