Maine Subordination of Surface Rights Agreement (Subordination by Mineral Owner)

• Category: Oil Gas and Minerals - Subordination
• State: Multi-State
• Control #: US-OG-1146
• Format: Word; Rich Text

Description

This form is a subordination of surface rights agreement with subordination by mineral owner. Maine Subordination of Surface Rights Agreement is a legal document that allows the mineral owner to surrogate or subordinate the surface rights to their mineral rights. This agreement states that the surface rights are ranked below the mineral rights in terms of priority and usage. It clarifies that the surface owner must allow access, exploration, drilling, extraction, and transportation activities related to mineral rights without interference. This agreement ensures that the mineral owner has the legal authority to exercise their rights over the property's subsurface without any hindrance caused by surface restrictions. It protects the mineral owner's interests by granting them exclusive control and utilization rights over the minerals beneath the surface. There are different types of Maine Subordination of Surface Rights Agreements, including: 1. Exclusive Subordination of Surface Rights Agreement: This agreement provides the mineral owner with exclusive control over the usage and access to the surface area, restricting the surface owner from interfering in any way. The mineral owner has the right to conduct any necessary activities for the exploration, extraction, and transportation of minerals. 2. Partial Subordination of Surface Rights Agreement: This agreement grants the mineral owner certain rights to access and explore the subsurface, restricting the surface owner's interference to some extent. The surface owner may retain limited rights for specific activities, such as farming or construction, but must cooperate with the mineral owner's activities. 3. Temporary Subordination of Surface Rights Agreement: This agreement allows the mineral owner temporary and limited subordination of surface rights for a specified period. It usually occurs when exploration or mineral extraction activities are planned for a limited time, after which the surface rights revert to the surface owner. 4. Subordination with Compensation Agreement: In some cases, the surface owner may receive financial compensation for subordinating their surface rights to the mineral owner. This agreement ensures that the surface owner is adequately compensated for any damages or restrictions caused by the mineral owner's activities. In conclusion, the Maine Subordination of Surface Rights Agreement grants the mineral owner the primary authority and control over the surface area, ensuring unrestricted access to explore, extract, and transport minerals. The agreement may come in different forms, such as exclusive, partial, temporary, or compensation-based, depending on the specific circumstances and agreements between the surface and mineral owners.

Maine Subordination of Surface Rights Agreement is a legal document that allows the mineral owner to surrogate or subordinate the surface rights to their mineral rights. This agreement states that the surface rights are ranked below the mineral rights in terms of priority and usage. It clarifies that the surface owner must allow access, exploration, drilling, extraction, and transportation activities related to mineral rights without interference. This agreement ensures that the mineral owner has the legal authority to exercise their rights over the property's subsurface without any hindrance caused by surface restrictions. It protects the mineral owner's interests by granting them exclusive control and utilization rights over the minerals beneath the surface. There are different types of Maine Subordination of Surface Rights Agreements, including: 1. Exclusive Subordination of Surface Rights Agreement: This agreement provides the mineral owner with exclusive control over the usage and access to the surface area, restricting the surface owner from interfering in any way. The mineral owner has the right to conduct any necessary activities for the exploration, extraction, and transportation of minerals. 2. Partial Subordination of Surface Rights Agreement: This agreement grants the mineral owner certain rights to access and explore the subsurface, restricting the surface owner's interference to some extent. The surface owner may retain limited rights for specific activities, such as farming or construction, but must cooperate with the mineral owner's activities. 3. Temporary Subordination of Surface Rights Agreement: This agreement allows the mineral owner temporary and limited subordination of surface rights for a specified period. It usually occurs when exploration or mineral extraction activities are planned for a limited time, after which the surface rights revert to the surface owner. 4. Subordination with Compensation Agreement: In some cases, the surface owner may receive financial compensation for subordinating their surface rights to the mineral owner. This agreement ensures that the surface owner is adequately compensated for any damages or restrictions caused by the mineral owner's activities. In conclusion, the Maine Subordination of Surface Rights Agreement grants the mineral owner the primary authority and control over the surface area, ensuring unrestricted access to explore, extract, and transport minerals. The agreement may come in different forms, such as exclusive, partial, temporary, or compensation-based, depending on the specific circumstances and agreements between the surface and mineral owners.