Wake 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: Wake
• 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 Wake North Carolina waiver of lease provision by a lessor who owns the surface, prohibiting drilling within specified distance of a structure is a legal agreement that outlines the terms and conditions related to drilling activities near structures on a property owned by the lessor. This provision aims to protect the structural integrity and safety of existing buildings by restricting any drilling activities within a certain distance. There can be different types of Wake North Carolina waiver of lease provisions by a lessor who owns the surface, prohibiting drilling within specified distance of a structure, depending on the specific requirements and stipulations set by the lessor. Here are a few possible variations: 1. Residential Property Waiver: This type of waiver is common for residential properties. It prohibits drilling within a specified distance of structures such as homes, garages, or sheds, ensuring the safety and wellbeing of the occupants. 2. Commercial Property Waiver: This variation is applicable to commercial properties, including office buildings, retail spaces, or warehouses. It restricts drilling activities near the structures, protecting the property value and preventing any potential damages or disruptions to business operations. 3. Historical or Cultural Sites Waiver: In some cases, certain structures may hold historical or cultural significance. This type of waiver ensures the preservation and protection of these sites by prohibiting drilling activities within a certain distance, safeguarding their integrity and value. 4. Environmental Protection Waiver: For properties with ecological value or sensitive ecosystems nearby, this waiver may be implemented to prevent any harm to the environment caused by drilling activities. It sets specific limitations on drilling proximity to the structures, prioritizing the preservation of the natural surroundings. 5. Infrastructure Protection Waiver: Certain structures, such as bridges, roads, or utility lines, may require additional protection against potential drilling-related accidents or damages. This type of waiver sets clear restrictions on drilling activities near these critical infrastructures to minimize risks and ensure ongoing functionality. It is important to note that the specifics of these waivers may vary depending on individual agreements and the laws of Wake North Carolina. Landowners and lessees should consult with legal professionals to draft appropriate and compliant provisions for their specific property lease agreements.

A Wake North Carolina waiver of lease provision by a lessor who owns the surface, prohibiting drilling within specified distance of a structure is a legal agreement that outlines the terms and conditions related to drilling activities near structures on a property owned by the lessor. This provision aims to protect the structural integrity and safety of existing buildings by restricting any drilling activities within a certain distance. There can be different types of Wake North Carolina waiver of lease provisions by a lessor who owns the surface, prohibiting drilling within specified distance of a structure, depending on the specific requirements and stipulations set by the lessor. Here are a few possible variations: 1. Residential Property Waiver: This type of waiver is common for residential properties. It prohibits drilling within a specified distance of structures such as homes, garages, or sheds, ensuring the safety and wellbeing of the occupants. 2. Commercial Property Waiver: This variation is applicable to commercial properties, including office buildings, retail spaces, or warehouses. It restricts drilling activities near the structures, protecting the property value and preventing any potential damages or disruptions to business operations. 3. Historical or Cultural Sites Waiver: In some cases, certain structures may hold historical or cultural significance. This type of waiver ensures the preservation and protection of these sites by prohibiting drilling activities within a certain distance, safeguarding their integrity and value. 4. Environmental Protection Waiver: For properties with ecological value or sensitive ecosystems nearby, this waiver may be implemented to prevent any harm to the environment caused by drilling activities. It sets specific limitations on drilling proximity to the structures, prioritizing the preservation of the natural surroundings. 5. Infrastructure Protection Waiver: Certain structures, such as bridges, roads, or utility lines, may require additional protection against potential drilling-related accidents or damages. This type of waiver sets clear restrictions on drilling activities near these critical infrastructures to minimize risks and ensure ongoing functionality. It is important to note that the specifics of these waivers may vary depending on individual agreements and the laws of Wake North Carolina. Landowners and lessees should consult with legal professionals to draft appropriate and compliant provisions for their specific property lease agreements.