Louisiana Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• Control #: US-OG-1046
• Format: Word; Rich Text

Description

This form is a mineral owner's subordination of rights to make use of surface estate. Louisiana Mineral Owner's Subordination is a legal term referring to the process by which a mineral owner agrees to subordinate their rights to make use of the surface estate in favor of another party or entity. This agreement is commonly found in situations where there are multiple mineral owners or when the surface owner seeks to engage in activities that may hinder or conflict with the mineral owner's ability to access and extract minerals from the property. In Louisiana, there are primarily two types of Mineral Owner's Subordination: 1. Voluntary Mineral Owner's Subordination: In this type, the mineral owner willingly agrees to subordinate their rights to the surface estate, granting priority to the surface owner or another designated party. This can be done through a voluntary agreement or contract, typically involving negotiation of terms and conditions. The purpose of such subordination is to allow the surface owner to carry out activities like construction, farming, or development without interfering with ongoing mineral operations. 2. Compulsory Mineral Owner's Subordination: This type of subordination is imposed by law or regulatory authorities, usually in cases involving conflicting interests between the mineral owner and the surface owner. Compulsory subordination may occur when the surface owner obtains a permit or authorization to undertake certain surface activities, and the mineral owner's rights must be subordinated to allow for these activities to proceed in the best interest of all parties involved. Keywords: Louisiana, mineral owner, subordination, rights, surface estate, voluntary, compulsory, agreement, contract, priority, access, extraction, activities, construction, farming, development, conflicting interests, law, regulatory authorities, permit, authorization.

Louisiana Mineral Owner's Subordination is a legal term referring to the process by which a mineral owner agrees to subordinate their rights to make use of the surface estate in favor of another party or entity. This agreement is commonly found in situations where there are multiple mineral owners or when the surface owner seeks to engage in activities that may hinder or conflict with the mineral owner's ability to access and extract minerals from the property. In Louisiana, there are primarily two types of Mineral Owner's Subordination: 1. Voluntary Mineral Owner's Subordination: In this type, the mineral owner willingly agrees to subordinate their rights to the surface estate, granting priority to the surface owner or another designated party. This can be done through a voluntary agreement or contract, typically involving negotiation of terms and conditions. The purpose of such subordination is to allow the surface owner to carry out activities like construction, farming, or development without interfering with ongoing mineral operations. 2. Compulsory Mineral Owner's Subordination: This type of subordination is imposed by law or regulatory authorities, usually in cases involving conflicting interests between the mineral owner and the surface owner. Compulsory subordination may occur when the surface owner obtains a permit or authorization to undertake certain surface activities, and the mineral owner's rights must be subordinated to allow for these activities to proceed in the best interest of all parties involved. Keywords: Louisiana, mineral owner, subordination, rights, surface estate, voluntary, compulsory, agreement, contract, priority, access, extraction, activities, construction, farming, development, conflicting interests, law, regulatory authorities, permit, authorization.