The King Washington Underground Storage Lease and Agreement (Surface Only) is a legal document that outlines the terms and conditions for leasing and using underground storage facilities in King Washington. This agreement is specifically designed to cover the surface rights associated with the leased underground storage space. The purpose of the King Washington Underground Storage Lease and Agreement (Surface Only) is to establish a contractual relationship between the lessor (the owner of the underground storage space) and the lessee (the party leasing the space). It details the rights and responsibilities of both parties, ensuring a fair and mutually beneficial arrangement. This lease agreement covers various essential aspects, including the description and location of the underground storage space, the duration of the lease term, and the permitted uses of the surface area above the storage facility. It may also include information on the size and capacity of the storage space, any restrictions or limitations on use, and any required maintenance or repair responsibilities. The King Washington Underground Storage Lease and Agreement (Surface Only) may also include provisions regarding payment terms, insurance requirements, liability and indemnification, default and termination conditions, and dispute resolution mechanisms. These provisions aim to protect the interests of both parties and establish a clear framework for their obligations throughout the lease period. It's important to note that specific types of King Washington Underground Storage Lease and Agreement (Surface Only) may exist, depending on the nature of the storage space. Examples may include agreements tailored for oil or gas storage, hazardous waste storage, or general commercial storage purposes. Each type of lease agreement may have distinct provisions and considerations, depending on the specific use and associated regulations. Overall, the King Washington Underground Storage Lease and Agreement (Surface Only) is a comprehensive legal document that ensures a clear understanding between the lessor and lessee. It protects the rights of both parties and provides a framework for the successful and secure utilization of underground storage facilities in King Washington.