Franklin Ohio Subordination of Surface Rights Agreement (Subordination by Mineral Owner) is a legal document that establishes the prioritization of mineral rights over surface rights in the state of Ohio. This agreement allows the mineral owner to exercise their rights and interests in extracting minerals from underneath a particular property, while subordinating the surface owner's rights in order to facilitate the exploration and extraction process. In Franklin Ohio, there are two types of Subordination of Surface Rights Agreement (Subordination by Mineral Owner): 1. Absolute Subordination: This type of agreement grants the mineral owner complete authority and control over the surface rights. The surface owner holds no rights or limitations over the use of their property surface when it comes to mineral extraction activities. The mineral owner can conduct drilling, excavation, and other related activities without any interference or consent from the surface owner. 2. Limited Subordination: Unlike absolute subordination, this type of agreement allows for some limitations on the mineral owner's rights to access and utilize the surface land. The surface owner retains certain rights, such as negotiating appropriate compensation, establishing access routes, specifying working hours, and implementing environmental protections. These limitations aim to strike a balance between the interests of both parties involved. Keywords: Franklin Ohio, Subordination of Surface Rights Agreement, Subordination by Mineral Owner, mineral rights, surface rights, prioritization, exploration, extraction process, absolute subordination, limited subordination, drilling, excavation, compensation, access routes, working hours, environmental protections.
Franklin Ohio Subordination of Surface Rights Agreement (Subordination by Mineral Owner)
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