Queens New York Subordination of Surface Rights Agreement (Subordination by Mineral Owner)

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

Description

This form is a subordination of surface rights agreement with subordination by mineral owner. A Queens New York Subordination of Surface Rights Agreement (Subordination by Mineral Owner) is a legal document that addresses the relationship between the owner of the surface rights of a property and the owner of the mineral rights underneath it. This agreement is crucial in situations where both parties need to clarify their respective rights and priorities concerning the use and exploitation of the property. In Queens, New York, there are several types of Subordination of Surface Rights Agreements which can be classified based on specific circumstances. These include: 1. Residential Property Subordination Agreement: This type of agreement occurs when the owner of a residential property in Queens, New York, wants to allow the mineral rights' holder to access and extract minerals underneath the property. The agreement outlines the conditions and terms under which the mineral owner can exercise their rights while ensuring the surface owner's well-being and property rights. 2. Commercial Property Subordination Agreement: This type of agreement is relevant when the surface owner of a commercial property in Queens, New York, wishes to grant the mineral rights' holder the authority to access and exploit minerals beneath the property. The agreement defines the obligations and restrictions imposed on both parties to protect their respective interests and minimize conflicts. 3. Industrial Property Subordination Agreement: In cases where the property in question is zoned for industrial use, a Subordination of Surface Rights Agreement becomes essential. This agreement outlines the conditions under which the mineral rights' holder can explore the underlying minerals without interfering with or causing harm to the surface owner's operations. 4. Recreational Property Subordination Agreement: If the property in Queens, New York, is primarily used for recreational purposes, such as parks, trails, or designated outdoor areas, a specific Subordination of Surface Rights Agreement may be necessary. This agreement permits the mineral rights' holder to access and extract minerals while ensuring the recreational activities are not unduly disrupted or damaged. Keywords: Queens New York, Subordination of Surface Rights Agreement, Subordination by Mineral Owner, residential property, commercial property, industrial property, recreational property.

A Queens New York Subordination of Surface Rights Agreement (Subordination by Mineral Owner) is a legal document that addresses the relationship between the owner of the surface rights of a property and the owner of the mineral rights underneath it. This agreement is crucial in situations where both parties need to clarify their respective rights and priorities concerning the use and exploitation of the property. In Queens, New York, there are several types of Subordination of Surface Rights Agreements which can be classified based on specific circumstances. These include: 1. Residential Property Subordination Agreement: This type of agreement occurs when the owner of a residential property in Queens, New York, wants to allow the mineral rights' holder to access and extract minerals underneath the property. The agreement outlines the conditions and terms under which the mineral owner can exercise their rights while ensuring the surface owner's well-being and property rights. 2. Commercial Property Subordination Agreement: This type of agreement is relevant when the surface owner of a commercial property in Queens, New York, wishes to grant the mineral rights' holder the authority to access and exploit minerals beneath the property. The agreement defines the obligations and restrictions imposed on both parties to protect their respective interests and minimize conflicts. 3. Industrial Property Subordination Agreement: In cases where the property in question is zoned for industrial use, a Subordination of Surface Rights Agreement becomes essential. This agreement outlines the conditions under which the mineral rights' holder can explore the underlying minerals without interfering with or causing harm to the surface owner's operations. 4. Recreational Property Subordination Agreement: If the property in Queens, New York, is primarily used for recreational purposes, such as parks, trails, or designated outdoor areas, a specific Subordination of Surface Rights Agreement may be necessary. This agreement permits the mineral rights' holder to access and extract minerals while ensuring the recreational activities are not unduly disrupted or damaged. Keywords: Queens New York, Subordination of Surface Rights Agreement, Subordination by Mineral Owner, residential property, commercial property, industrial property, recreational property.