South Dakota Surface Use Agreement (Contains Provisions Relative to Indemnity)

State:
Multi-State
Control #:
US-OG-1197
Format:
Word; 
Rich Text
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Description

This form is a surface use agreement that contains provisions relative to indemnity, release of liability and allocation of risk.

The South Dakota Surface Use Agreement is a legal document that outlines the terms and conditions for the use of the surface area of land in the state of South Dakota. It is especially relevant to industries such as oil and gas exploration, mining, and other forms of natural resource extraction. This agreement is crucial to ensure the responsible and sustainable use of the land while protecting the rights and interests of both the landowner and the party seeking to utilize the land for their industrial activities. One important provision included in the South Dakota Surface Use Agreement is the indemnity clause. This provision addresses the issue of liability and seeks to allocate responsibility between the involved parties in case of any damages or losses that may occur during the surface use activities. The indemnity clause typically determines which party will bear the financial or legal burdens resulting from accidents, environmental damage, or any other unforeseen events that may arise during the course of operations on the land. In South Dakota, there can be different types of Surface Use Agreements based on the specific industry or land use involved. Some common variations include: 1. Oil and Gas Surface Use Agreement: This type of agreement is specific to the oil and gas industry. It outlines the terms for exploration, drilling, extraction, and the accompanying surface installations required, such as well pads, access roads, and pipelines. 2. Mining Surface Use Agreement: This agreement pertains to the mining industry and details the terms of mineral extraction, including surface disturbances, waste disposal, reclamation requirements, and potential environmental impacts. 3. Renewable Energy Surface Use Agreement: With the increasing focus on renewable energy sources, this type of agreement deals with the utilization of land for wind farms, solar energy projects, or other forms of renewable energy generation. It covers issues like land leasing, access, and the installation and maintenance of the necessary infrastructure. 4. Pipeline Surface Use Agreement: Pipeline companies require agreements to access land for installation, operation, maintenance, and repair of pipelines. These agreements outline the terms for landowners allowing the construction of pipelines across their property, along with provisions related to safety, environmental protection, and land restoration. It is important for all parties involved in South Dakota Surface Use Agreements to carefully review and negotiate the terms regarding indemnification, insurance requirements, and liability allocation. Seeking legal advice and ensuring clear communication between the parties involved can help establish a fair and equitable agreement that protects the interests of all stakeholders while minimizing risks associated with surface use activities.

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FAQ

A major drawback of a contract for deed for buyers is that the seller retains the legal title to the property until the payment plan is completed. On one hand, this means that they're responsible for things like property taxes. On the other hand, the buyer lacks security and rights to their home. What are the Disadvantages of a Contract for Deed? - PandaDoc pandadoc.com ? ask ? what-are-the-disadva... pandadoc.com ? ask ? what-are-the-disadva...

A deed is similar to a contract, but there are some key differences as follows: deeds have to be written, whereas a contract can be verbal and written. contracts require 'consideration' (i.e. something is given in return), deeds do not. What is the difference between a deed and a contract? - LawBite lawbite.co.uk ? resources ? blog ? what-is-th... lawbite.co.uk ? resources ? blog ? what-is-th...

Contract for deed is a contract for the sale of land which provides that the buyer will acquire possession of the land immediately and pay the purchase price in installments over a period of time, but the seller will retain legal title until all payments are made. contract for deed | Wex | US Law | LII / Legal Information Institute cornell.edu ? wex ? contract_for_deed cornell.edu ? wex ? contract_for_deed

A contract for deed is a contract where the seller remains the legal owner of the property and the buyer makes monthly payments to the seller to buy the house. The seller remains the legal owner of the property until the contract is paid.

Statutory section line highways in South Dakota are sixty-six feet wide, thirty-three feet on each side of the section line. S.D.C.L. § 31-18-2 (1984).

The board of county commissioners may vacate or change the location of any section-line highway under its jurisdiction and the board of supervisors of an organized township may vacate or change the location of any section-line highway under its jurisdiction, as provided in this title, but neither board may vacate or ...

In a contract for deed, the purchase of property is financed by the seller rather than a third-party lender such as a commercial bank or credit union. The arrangement can benefit buyers and sellers by extending credit to homebuyers who would not otherwise qualify for a loan. Risks and realities of the contract for deed minneapolisfed.org ? article ? risks-and-reali... minneapolisfed.org ? article ? risks-and-reali...

The South Dakota Condominium Law regulates condominium associations in the state. These condominium associations must explicitly choose to be governed by this Act by recording a declaration or master deed in the county register of deeds where the condominium is situated.

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This form is a surface use agreement that contains provisions relative to indemnity, release of liability and allocation of risk. Free preview. The commissioner of school and public lands shall conduct all leasing of mineral interests owned by the state, or held in trust by the state, including school, ...43-2-11 Ownership of property by several persons. 43-2-12 Joint tenancy interest--Title created by will or transfer. 43-2-13 Conveyance of interest in property ... Oct 27, 2014 — All contracts should contain an adequate hold harmless/indemnification clause which ensures that the party responsible for actions resulting in ... 1980) (finding indemnification clause in license agreement void under Section 56-3-18). Enforceability of Waiver of Consequential Damages Clauses. Author ... Under this law, construction contracts, plans, and specification that contain indemnification provisions shall include the following provisions: The ... A mineral owner's response to the offer to lease its minerals for oil and gas exploration and production can range from a refusal to discuss the possibility of ... South Dakota have found the intent to indemnify against a party's negligence, even ... Any provision contained in any contract relating to the planning or design. Make the steps below to complete Surface Use Agreement (Contains Provisions Relative to Indemnity) online quickly and easily: Sign in to your account. Log in ... The indemnities of the indemnifying party in this Agreement do not cover or include any amounts that the indemnified party actually recoups prior to the ...

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South Dakota Surface Use Agreement (Contains Provisions Relative to Indemnity)