Tarrant Texas Subordination of Surface Rights Agreement (Subordination by Mineral Owner)

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

Description

This form is a subordination of surface rights agreement with subordination by mineral owner. Tarrant Texas Subordination of Surface Rights Agreement (Subordination by Mineral Owner) is a legal document drafted for the purpose of establishing the hierarchical order of rights between surface owners and mineral owners in Tarrant County, Texas. In this agreement, the mineral owner voluntarily subordinates their surface rights to the priority of the mineral estate. Through this agreement, the surface owner acknowledges that the mineral estate holds superior rights and the ability to access and exploit the minerals beneath the surface. Keywords: Tarrant Texas, Subordination of Surface Rights Agreement, subordination, mineral owner, surface owner, mineral estate, Tarrant County, Texas. Different Types of Tarrant Texas Subordination of Surface Rights Agreement: 1. Partial Subordination: — This type of agreement enables the surface owner to retain certain limited rights, such as surface use and development, within specified areas on the property. The mineral owner retains superior rights over the minerals present on or beneath the property. 2. Temporary Subordination: — Temporary subordination agreements are established for a specific duration or until certain conditions are met. These agreements allow the mineral owner to access and extract minerals from the property for a defined period, after which the surface owner regains their full surface rights. 3. Permanent Subordination: — Permanent subordination agreements grant complete and permanent authority to the mineral owner. The surface owner relinquishes all surface rights, allowing the mineral owner unrestricted access and control over the property to extract minerals. 4. Non-Exclusive Subordination: — Non-exclusive subordination agreements allow the mineral owner to grant rights to multiple parties to access and exploit the minerals beneath the surface. This provides flexibility for the mineral owner while maintaining the priority of the mineral estate. The Tarrant Texas Subordination of Surface Rights Agreement aims to establish a fair and clear allocation of rights between the surface owner and mineral owner to avoid any conflicts and to facilitate the extraction and development of valuable mineral resources. It is recommended that individuals seek legal advice to ensure that the agreement aligns with their specific circumstances.

Tarrant Texas Subordination of Surface Rights Agreement (Subordination by Mineral Owner) is a legal document drafted for the purpose of establishing the hierarchical order of rights between surface owners and mineral owners in Tarrant County, Texas. In this agreement, the mineral owner voluntarily subordinates their surface rights to the priority of the mineral estate. Through this agreement, the surface owner acknowledges that the mineral estate holds superior rights and the ability to access and exploit the minerals beneath the surface. Keywords: Tarrant Texas, Subordination of Surface Rights Agreement, subordination, mineral owner, surface owner, mineral estate, Tarrant County, Texas. Different Types of Tarrant Texas Subordination of Surface Rights Agreement: 1. Partial Subordination: — This type of agreement enables the surface owner to retain certain limited rights, such as surface use and development, within specified areas on the property. The mineral owner retains superior rights over the minerals present on or beneath the property. 2. Temporary Subordination: — Temporary subordination agreements are established for a specific duration or until certain conditions are met. These agreements allow the mineral owner to access and extract minerals from the property for a defined period, after which the surface owner regains their full surface rights. 3. Permanent Subordination: — Permanent subordination agreements grant complete and permanent authority to the mineral owner. The surface owner relinquishes all surface rights, allowing the mineral owner unrestricted access and control over the property to extract minerals. 4. Non-Exclusive Subordination: — Non-exclusive subordination agreements allow the mineral owner to grant rights to multiple parties to access and exploit the minerals beneath the surface. This provides flexibility for the mineral owner while maintaining the priority of the mineral estate. The Tarrant Texas Subordination of Surface Rights Agreement aims to establish a fair and clear allocation of rights between the surface owner and mineral owner to avoid any conflicts and to facilitate the extraction and development of valuable mineral resources. It is recommended that individuals seek legal advice to ensure that the agreement aligns with their specific circumstances.