Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure

• Category: Oil Gas and Minerals - Waivers
• State: Multi-State
• County: Mecklenburg
• Control #: US-OG-155
• Format: Word; Rich Text

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. A Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legal agreement between a landowner (lessor) and a lessee who wants to engage in drilling activities on the leased property in Mecklenburg County, North Carolina. This provision aims to protect the lessor's interests and prohibit drilling activities within a certain distance from any structure located on the surface they own. By including this provision in the lease agreement, the lessor ensures that drilling operations don't pose a risk to the integrity and safety of structures on their property, protecting valuable investments and minimizing potential damages. It also helps maintain the overall aesthetic and stability of the property. Within this type of waiver provision, there can be variations depending on specific circumstances and requirements. Some potential variations of the Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may include: 1. Minimum Distance Requirement: The provision may specify the minimum distance that must be maintained between the drilling site and structures on the lessor's property to ensure safety and minimize potential disturbance. 2. Exemptions for Certain Structures: The waiver may exempt certain types of structures from the prohibition, such as non-permanent or temporary structures. This allows flexibility for the lessor and lessee to negotiate the terms based on the specific needs of the property. 3. Notification and Approval Process: The provision might outline a procedure whereby the lessee must provide prior notification to the lessor and obtain their approval before commencing drilling activities within the specified distance of any structures. This ensures open communication and allows the lessor to assess the potential impact before granting permission. 4. Damages and Liability: The agreement may specify the responsibilities of the lessee in the event of any damages caused to the structures due to the drilling activities, clearly outlining the liability and compensation procedures. 5. Termination Rights: The waiver provision may grant the lessor the right to terminate the lease agreement if the lessee violates the prohibition on drilling within the specified distance of structures. This safeguards the lessor's interests and ensures compliance with the agreed terms. In conclusion, a Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a vital component of lease agreements in this area, ensuring the protection of property value, safety, and aesthetic integrity. The provision can have various forms and include specific clauses tailored to the needs of both parties involved.

A Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a legal agreement between a landowner (lessor) and a lessee who wants to engage in drilling activities on the leased property in Mecklenburg County, North Carolina. This provision aims to protect the lessor's interests and prohibit drilling activities within a certain distance from any structure located on the surface they own. By including this provision in the lease agreement, the lessor ensures that drilling operations don't pose a risk to the integrity and safety of structures on their property, protecting valuable investments and minimizing potential damages. It also helps maintain the overall aesthetic and stability of the property. Within this type of waiver provision, there can be variations depending on specific circumstances and requirements. Some potential variations of the Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure may include: 1. Minimum Distance Requirement: The provision may specify the minimum distance that must be maintained between the drilling site and structures on the lessor's property to ensure safety and minimize potential disturbance. 2. Exemptions for Certain Structures: The waiver may exempt certain types of structures from the prohibition, such as non-permanent or temporary structures. This allows flexibility for the lessor and lessee to negotiate the terms based on the specific needs of the property. 3. Notification and Approval Process: The provision might outline a procedure whereby the lessee must provide prior notification to the lessor and obtain their approval before commencing drilling activities within the specified distance of any structures. This ensures open communication and allows the lessor to assess the potential impact before granting permission. 4. Damages and Liability: The agreement may specify the responsibilities of the lessee in the event of any damages caused to the structures due to the drilling activities, clearly outlining the liability and compensation procedures. 5. Termination Rights: The waiver provision may grant the lessor the right to terminate the lease agreement if the lessee violates the prohibition on drilling within the specified distance of structures. This safeguards the lessor's interests and ensures compliance with the agreed terms. In conclusion, a Mecklenburg North Carolina Waiver of Lease Provision by Lessor Who Owns Surface, Prohibiting Drilling within Specified Distance of Structure is a vital component of lease agreements in this area, ensuring the protection of property value, safety, and aesthetic integrity. The provision can have various forms and include specific clauses tailored to the needs of both parties involved.