Montana Mineral Owner Consent Agreement (to Underground Gas Storage Lease and Agreement)

State:
Multi-State
Control #:
US-OG-1044
Format:
Word; 
Rich Text
Instant download

Description

This form is a mineral owner consent agreement to for a underground gas storage lease and agreement.
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FAQ

To determine if you own the mineral rights on a parcel, you will first need to check the deed. The mineral rights may have been severed from the surface at some point in time. If your deed does not list this information, you will need to contact the County Clerk in the county where your minerals are located.

A Montana month-to-month rental agreement is a lease between a landlord and tenant for the renting of property without an end date. The only way to terminate or change the lease is to provide notice of at least thirty (30) days or the notice period in the agreement, whichever is longer. Free Montana Month-to-Month Rental Agreement - PDF | Word - eForms eforms.com ? rental ? montana-month-to-month-r... eforms.com ? rental ? montana-month-to-month-r...

As a mineral rights value rule of thumb, the 3X cash flow method is often used. To calculate mineral rights value, multiply the 12-month trailing cash flow by 3. For a property with royalty rights, a 5X multiple provides a more accurate valuation (stout.com).

In Texas, Oklahoma, Colorado and Montana, mineral owners can own the mineral rights indefinitely and there is no way for them to passively revert to the surface owner. If a surface owner wants to own the mineral rights under their land, they must find and contact the mineral owners and offer to purchase them.

You can hire a geologist or land surveyor to help you determine if there's something of value on your land. You can also look at mineral rights listings to see if your property has separate mineral rights for sale.

To find out who owns mineral rights, you will need to do a property search. Because mineral rights can be severed from the rest of the property, you will need to search specifically for who owns the mineral rights. The deed to the property is a good place to start researching mineral rights for property in Montana. Montana Mineral Rights ? DELGER REAL ESTATE ranchrealestategroup.com ? montana-mineral-rights ranchrealestategroup.com ? montana-mineral-rights

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Montana Mineral Owner Consent Agreement (to Underground Gas Storage Lease and Agreement)