Santa Clara California Surface Tenant's Consent for Subordination to An Oil, Gas, and Mineral Lease

State:
Multi-State
County:
Santa Clara
Control #:
US-OG-310
Format:
Word; 
Rich Text
Instant download

Description

This form is used when a Tenant is the lessee under a (Surface Lease, Agricultural Lease, Grazing Lease, etc.) which covers all or a portion of the Land and the Operator, the owner of the Lease and the Lessee, desires that the Tenant subordinate the Tenant's rights to the leasehold estate and rights created by the Lease.

How to fill out Surface Tenant's Consent For Subordination To An Oil, Gas, And Mineral Lease?

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FAQ

What is a surface lease? Since the provincial government owns most subsurface mineral rights in the province, oil companies obtain mineral leases directly from the government. But it is the landowner, not the government, that owns the land above the minerals.

A property owner with mineral rights may explore, extract, and sell natural deposits found underneath the land surface. But surface rights only refer to exclusive rights to all physical property on the land.

A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.

A property owner with mineral rights may explore, extract, and sell natural deposits found underneath the land surface. But surface rights only refer to exclusive rights to all physical property on the land.

Surface Lease Agreement A legal, binding contract between a. company and a landowner that. specifies the terms and conditions. for use of the land surface, including how impacts to the land.

Surface rights refer to the ability to control the surface of the land. A person who owns surface rights to a tract of land may build on it, plant and sell crops and timber, use the surface water, lease the land, or sell it.2

Surface owner means the person who holds record title to or has a purchaser's interest in the surface of real property.

Surface rights include physical structures, trees, plants, and water. In some states, surface rights only include ownership to a particular soil depth. For example, you have enough soil ownership to plant trees or other plants but may not be able to drill for oil and gas.

Louisiana Mineral Rights are somewhat unique. Unlike other states, Louisiana mineral rights revert back to the original owner after 10 years from the date of sale or from the date of last production.

1. Surface rights include any structure on the property. Surfaces rights are the rights to the surface area of a piece of land as well as any structures on the property. Surface rights also include farmland or above-ground resources like trees, plants, or water.

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Santa Clara California Surface Tenant's Consent for Subordination to An Oil, Gas, and Mineral Lease