New Mexico Seismic Option and Lease Agreement

State:
Multi-State
Control #:
US-OG-077
Format:
Word; 
Rich Text
Instant download

Description

This is a short form agreement. The lessor is identified as owning all the mineral estate in the lands covered by the agreement. A form of oil and gas lease will need to be attached as an exhibit to the agreement.
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FAQ

A New Mexico month-to-month rental agreement is a legal document that is created between a landlord and tenant that allows either party to cancel the contract with 30 days' notice. The document offers the same protections by law for both parties as a standard lease.

A New Mexico month-to-month lease agreement is a contract between a landlord and tenant that establishes terms for the renting of residential real estate on a monthly basis. A month-to-month lease has no fixed term and renews automatically unless sufficient notice is given.

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New Mexico Seismic Option and Lease Agreement