Tennessee Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure

• Category: Oil Gas and Minerals - Waivers
• State: Multi-State
• Control #: US-OG-155
• Format: Word; Rich Text

Description

This form serves to amend an oil and gas lease to allow a lessee to drill at any location on lands subject to a lease, including a location in close proximity to a building or structure on the lands subject to a lease. A Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, is a legal agreement that outlines the terms and conditions for the use of land owned by the lessor. This provision is commonly used in situations where the lessor wants to protect the integrity and safety of their structures and property. The essence of this provision is to prevent drilling or any other activities that may pose a risk to the structure or cause damage to the surface. By including this waiver in the lease agreement, the lessor has the legal right to prohibit any drilling operations within a specified distance of the structure. This waiver serves as a protective measure for property owners, ensuring that their structures are not compromised or adversely affected by drilling activities. It allows the lessor to maintain the structural integrity and safety of their property, as well as protect the value of their investment. Keywords: Tennessee, waiver of lease provision, lessor, surface owner, drilling, specified distance, structure, legal agreement, land use, integrity, safety, property, activities, risk, damage, lease agreement, protective measure, property owners, compromise, adversely affect, structural integrity, investment. Different types of Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, could include: 1. General Waiver of Lease Provision: This type of provision outlines the broad terms and conditions for prohibiting any drilling operations near the structure owned by the lessor. 2. Specific Distance-Based Waiver: In this type of provision, the lessor specifies the exact distance from the structure where drilling activities are prohibited. This can vary depending on the nature of the structure and the potential risks associated with drilling. 3. Time-limited Waiver: Some lessors may choose to include a provision that specifies a specific timeframe during which drilling is prohibited near a structure. This could be a temporary measure to prevent any potential harm during construction or renovation work. 4. Conditional Waiver: This type of provision may require certain conditions to be met before drilling activities near the structure are allowed. For example, the lessor may require the lessee to provide proof of appropriate insurance coverage or demonstrate compliance with safety regulations. In conclusion, a Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, is a crucial component of a lease agreement. It protects the lessor's property and ensures the integrity and safety of the structures on their land. Different types of provisions may exist depending on the specific circumstances and needs of the lessor.

A Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, is a legal agreement that outlines the terms and conditions for the use of land owned by the lessor. This provision is commonly used in situations where the lessor wants to protect the integrity and safety of their structures and property. The essence of this provision is to prevent drilling or any other activities that may pose a risk to the structure or cause damage to the surface. By including this waiver in the lease agreement, the lessor has the legal right to prohibit any drilling operations within a specified distance of the structure. This waiver serves as a protective measure for property owners, ensuring that their structures are not compromised or adversely affected by drilling activities. It allows the lessor to maintain the structural integrity and safety of their property, as well as protect the value of their investment. Keywords: Tennessee, waiver of lease provision, lessor, surface owner, drilling, specified distance, structure, legal agreement, land use, integrity, safety, property, activities, risk, damage, lease agreement, protective measure, property owners, compromise, adversely affect, structural integrity, investment. Different types of Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, could include: 1. General Waiver of Lease Provision: This type of provision outlines the broad terms and conditions for prohibiting any drilling operations near the structure owned by the lessor. 2. Specific Distance-Based Waiver: In this type of provision, the lessor specifies the exact distance from the structure where drilling activities are prohibited. This can vary depending on the nature of the structure and the potential risks associated with drilling. 3. Time-limited Waiver: Some lessors may choose to include a provision that specifies a specific timeframe during which drilling is prohibited near a structure. This could be a temporary measure to prevent any potential harm during construction or renovation work. 4. Conditional Waiver: This type of provision may require certain conditions to be met before drilling activities near the structure are allowed. For example, the lessor may require the lessee to provide proof of appropriate insurance coverage or demonstrate compliance with safety regulations. In conclusion, a Tennessee waiver of lease provision by the lessor who owns the surface, prohibiting drilling within a specified distance of a structure, is a crucial component of a lease agreement. It protects the lessor's property and ensures the integrity and safety of the structures on their land. Different types of provisions may exist depending on the specific circumstances and needs of the lessor.