Wisconsin 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. The Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legal document that enables the lessor (property owner) to include a provision in a lease agreement that prohibits any drilling activities within a certain distance of a structure on the surface. This provision is crucial for protecting the structural integrity and safety of buildings and other human-made structures located on the leased property. It helps prevent any potential damage or disruption caused by drilling activities, such as vibrations, noise, or accidents that could harm the structure or its occupants. The Wisconsin Waiver of Lease Provision is applicable in various situations where the property owner wants to safeguard their structures against any drilling-related risks. This can include residential, commercial, or industrial properties, as well as other structures such as bridges, towers, or underground facilities. The provision allows the lessor to specify the distance within which drilling activities are prohibited, considering factors like the type of structure, depth, and nature of the drilling operations. By enforcing this waiver, the lessor maintains control over their property and ensures the safety and well-being of tenants or occupants. Different types of the Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may exist depending on factors such as property type, drilling activity intensity, or location-specific regulations. Some common variations of this waiver include: 1. Commercial Lease Provision: This waiver is designed specifically for commercial properties such as office buildings, shopping centers, or warehouses. It helps protect the value and integrity of these properties, enabling smooth business operations and minimizing disruptions caused by drilling activities. 2. Residential Lease Provision: Aimed at protecting residential properties, this waiver ensures that drilling operations do not jeopardize the safety and tranquility of tenants' homes. By stipulating the distance within which drilling is prohibited, the lessor takes measures to safeguard the residents' comfort and peace of mind. 3. Industrial Lease Provision: Industrial properties, such as manufacturing facilities or power plants, require this type of waiver to guarantee a secure and uninterrupted production process. By establishing a no-drilling zone around critical structures, the lessor minimizes the risk of accidents, equipment damage, or potential harm to employees. 4. Government Property Lease Provision: This waiver applies to properties leased by government entities, including federal, state, or local levels. It ensures that public structures, infrastructure, or facilities remain safe, well-maintained, and undisturbed by drilling activities. When drafting a Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure, it is crucial to adhere to state and local regulations, consult legal professionals, and consider the specific needs and characteristics of the property in question.

The Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legal document that enables the lessor (property owner) to include a provision in a lease agreement that prohibits any drilling activities within a certain distance of a structure on the surface. This provision is crucial for protecting the structural integrity and safety of buildings and other human-made structures located on the leased property. It helps prevent any potential damage or disruption caused by drilling activities, such as vibrations, noise, or accidents that could harm the structure or its occupants. The Wisconsin Waiver of Lease Provision is applicable in various situations where the property owner wants to safeguard their structures against any drilling-related risks. This can include residential, commercial, or industrial properties, as well as other structures such as bridges, towers, or underground facilities. The provision allows the lessor to specify the distance within which drilling activities are prohibited, considering factors like the type of structure, depth, and nature of the drilling operations. By enforcing this waiver, the lessor maintains control over their property and ensures the safety and well-being of tenants or occupants. Different types of the Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may exist depending on factors such as property type, drilling activity intensity, or location-specific regulations. Some common variations of this waiver include: 1. Commercial Lease Provision: This waiver is designed specifically for commercial properties such as office buildings, shopping centers, or warehouses. It helps protect the value and integrity of these properties, enabling smooth business operations and minimizing disruptions caused by drilling activities. 2. Residential Lease Provision: Aimed at protecting residential properties, this waiver ensures that drilling operations do not jeopardize the safety and tranquility of tenants' homes. By stipulating the distance within which drilling is prohibited, the lessor takes measures to safeguard the residents' comfort and peace of mind. 3. Industrial Lease Provision: Industrial properties, such as manufacturing facilities or power plants, require this type of waiver to guarantee a secure and uninterrupted production process. By establishing a no-drilling zone around critical structures, the lessor minimizes the risk of accidents, equipment damage, or potential harm to employees. 4. Government Property Lease Provision: This waiver applies to properties leased by government entities, including federal, state, or local levels. It ensures that public structures, infrastructure, or facilities remain safe, well-maintained, and undisturbed by drilling activities. When drafting a Wisconsin Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure, it is crucial to adhere to state and local regulations, consult legal professionals, and consider the specific needs and characteristics of the property in question.