Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure

State:
Multi-State
County:
Maricopa
Control #:
US-OG-155
Format:
Word; 
Rich Text
Instant download

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. Maricopa Arizona is a city known for its beautiful landscapes and vibrant community, located in Pinal County. Within the realm of leasing agreements, one significant provision that may be encountered is the Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. This specific type of waiver serves to protect the surface owner's interests, preventing any drilling activities from taking place within a specified distance of a structure. Such a provision is crucial in safeguarding the integrity of the land and ensuring the well-being of the community. The Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure recognizes the potential risks associated with drilling activities, such as property damage, contamination, or even accidents. By prohibiting drilling within a certain distance of a structure, the surface owner can rest assured that their property and its occupants are safeguarded. The provision also demonstrates a responsible approach towards environmental conservation and preservation, as drilling activities could potentially disrupt the natural balance of the area. By implementing this waiver, Maricopa Arizona emphasizes its commitment to sustainable development and protecting its unique natural surroundings. There may be variations of this waiver based on specific circumstances or legal requirements. For example, different lease agreements or regions may require different distances to be specified, taking into consideration factors such as the size of the structure, potential risks, or legal restrictions imposed by local authorities. In summary, the Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a vital component of leasing agreements in the city. By implementing this provision, the surface owner ensures the protection of their property, the well-being of occupants, and the preservation of the local environment.

Maricopa Arizona is a city known for its beautiful landscapes and vibrant community, located in Pinal County. Within the realm of leasing agreements, one significant provision that may be encountered is the Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure. This specific type of waiver serves to protect the surface owner's interests, preventing any drilling activities from taking place within a specified distance of a structure. Such a provision is crucial in safeguarding the integrity of the land and ensuring the well-being of the community. The Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure recognizes the potential risks associated with drilling activities, such as property damage, contamination, or even accidents. By prohibiting drilling within a certain distance of a structure, the surface owner can rest assured that their property and its occupants are safeguarded. The provision also demonstrates a responsible approach towards environmental conservation and preservation, as drilling activities could potentially disrupt the natural balance of the area. By implementing this waiver, Maricopa Arizona emphasizes its commitment to sustainable development and protecting its unique natural surroundings. There may be variations of this waiver based on specific circumstances or legal requirements. For example, different lease agreements or regions may require different distances to be specified, taking into consideration factors such as the size of the structure, potential risks, or legal restrictions imposed by local authorities. In summary, the Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a vital component of leasing agreements in the city. By implementing this provision, the surface owner ensures the protection of their property, the well-being of occupants, and the preservation of the local environment.

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Maricopa Arizona Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure