The Kentucky Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure encompasses a crucial aspect of leasing agreements in the state. This provision allows the lessor, who owns the surface rights of a property, to restrict or prohibit drilling activities within a certain distance of a structure located on the leased premises. In Kentucky, the waiver of lease provision is implemented to safeguard the interests of landowners and maintain the integrity and safety of structures. By incorporating this provision into lease agreements, lessors can ensure that drilling operations do not pose any potential risks or disturbances to the structures located nearby. There are a few different types or variations of the Kentucky Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure that can be customized based on individual requirements. These may include: 1. Minimum distance requirement: This type specifies a minimum distance that must be maintained between any drilling activities and the structures on the leased land. For instance, the lessor may require that drilling operations be conducted no closer than 500 feet from any structure. 2. Absolute prohibition: In some cases, the lessor may choose to completely prohibit any drilling on or near the leased premises, regardless of the distance from structures. This ensures the utmost protection for the structures without any exceptions. 3. Exemption for certain structures: Under this type, the lessor may allow drilling within a specified distance of certain structures that are less sensitive or not prone to damage. For example, the provision may allow drilling within 200 feet of barns or sheds but maintain a greater distance requirement for residential or commercial buildings. 4. Temporary restrictions: This variation allows the lessor to impose temporary restrictions on drilling activities within a specified distance of structures during certain periods. This could be to protect structures during critical phases of construction or when they are undergoing repairs or renovations. The Kentucky Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a crucial component of lease agreements. It empowers lessors to safeguard their structures from potential risks associated with drilling activities while preserving the rights and interests of the lessee in utilizing the leased land for other purposes.
Kentucky Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure
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