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.
Virginia Surface Lease Agreement
Category:
State:
Multi-State
Control #:
US-OG-254
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Surface Lease Agreement?
Are you currently inside a position that you will need files for both enterprise or person functions just about every time? There are plenty of authorized papers web templates available on the Internet, but finding kinds you can depend on isn`t simple. US Legal Forms offers a huge number of develop web templates, like the Virginia Surface Lease Agreement, that happen to be published to meet federal and state specifications.
If you are presently acquainted with US Legal Forms website and possess your account, basically log in. Afterward, you can down load the Virginia Surface Lease Agreement format.
Unless you have an account and would like to begin to use US Legal Forms, abide by these steps:
- Find the develop you will need and ensure it is for the appropriate area/county.
- Utilize the Preview button to analyze the shape.
- Look at the explanation to actually have chosen the right develop.
- If the develop isn`t what you`re seeking, use the Lookup field to discover the develop that meets your requirements and specifications.
- When you find the appropriate develop, click Acquire now.
- Pick the rates strategy you would like, fill in the necessary information to produce your money, and pay for an order with your PayPal or Visa or Mastercard.
- Pick a handy file file format and down load your duplicate.
Get every one of the papers web templates you have bought in the My Forms food selection. You can obtain a extra duplicate of Virginia Surface Lease Agreement anytime, if required. Just go through the essential develop to down load or printing the papers format.
Use US Legal Forms, by far the most considerable collection of authorized varieties, to save lots of efforts and steer clear of blunders. The service offers professionally made authorized papers web templates which can be used for an array of functions. Make your account on US Legal Forms and start producing your daily life a little easier.
Form popularity
FAQ
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.
Mineral rights can expire if the owner does not renew them or if they go unclaimed for a certain period of time. Mineral rights can also be sold, fractionalized, or transferred through gifting or inheritance.
To locate your mineral rights records, begin at the county recorder's office. The legal description of the property should be in county deed books. You can specifically search the book and page where the property is located if you have a take-off.
In Virginia, owners can separate mineral rights from other property rights. Since future deeds may not specify that mineral rights aren't included, title searches are important.
One quick and dirty approach is the ?rule of thumb.? Those following the rule of thumb say that mineral rights are worth a multiple of three to five times the yearly income produced. For example, a mineral right that produces $1,000 a year in royalties would be worth between $3,000 and $5,000 under the rule of thumb.
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.