Indiana Rental Lease Pooling Provision

State:
Indiana
Control #:
IN-OG-002
Format:
Word; 
Rich Text
Instant download

Description

This form is an Indiana Lease agreement wherein Lessor grants, leases, and lets exclusively to Lessee the lands described within for the purposes of conducting seismic and geophysical operations, exploring, drilling, mining, and operating for, producing and owning oil, gas, sulfur, and all other minerals whether or not similar to those mentioned (collectively the oil or gas), and the right to make surveys, lay pipelines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges, dig canals, build tanks, power stations, power lines, telephone lines, and other structures on the Lands, necessary or useful in Lessee's operations on the Lands or any other land adjacent to the Lands. This lease form also provides for pooling.

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FAQ

The 45-day letter rule in Indiana requires landlords to send a letter 45 days before increasing the rent or making significant changes to a lease. This rule aims to provide tenants with ample time to consider their options. The Indiana Rental Lease Pooling Provision may also be relevant if it affects your lease terms or shared rental agreements. Always keep an eye on your notification periods for various lease changes.

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Indiana Rental Lease Pooling Provision