Fulton Georgia Amendment and Waiver of Surface Lease Rental Agreement

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Fulton
• Control #: US-OG-922
• Format: Word; Rich Text

Description

This form is an amendment and waiver of surface lease rental agreement. Fulton Georgia Amendment and Waiver of Surface Lease Rental Agreement is a legal document used in Fulton County, Georgia, to modify and waive certain terms and conditions of a surface lease rental agreement. This agreement is typically entered into between a landowner (lessor) and a tenant (lessee) for the leasing of the surface rights of a property. In Fulton County, there may be different types of Amendment and Waiver of Surface Lease Rental Agreements, depending on the specific circumstances and needs of the parties involved. Some common variations may include: 1. Extension or Renewal Amendment: This type of amendment is used when both parties agree to extend or renew the surface lease rental agreement beyond its original term. It outlines the revised duration, terms, and conditions of the extended or renewed lease. 2. Rent Adjustment Amendment: This amendment is employed when the parties wish to revise the rental amount specified in the original lease agreement. It may include changes to the base rent, percentage-based rent, or any rental escalation provisions. 3. Assignment and Subleasing Amendment: In situations where the tenant wants to assign their rights or sublease the leased property to a third party, an assignment and subleasing amendment is utilized. This document outlines the terms and conditions of such transfers and ensures the consent of the lessor. 4. Modification of Use or Purpose Amendment: If the original lease restricts or defines the permitted use or purpose of the leased property, this type of amendment allows the parties to modify those limitations. It may involve expanding or narrowing down the allowed uses. 5. Termination and Release Amendment: This amendment is employed when the parties mutually agree to terminate the surface lease rental agreement before its natural expiration. It releases both parties from their obligations under the original lease and specifies any necessary termination procedures. In drafting a Fulton Georgia Amendment and Waiver of Surface Lease Rental Agreement, it is crucial to include relevant keywords such as Fulton County, Georgia, surface lease, rental agreement, amendment, waiver, extension, renewal, rent adjustment, assignment, subleasing, modification, use, purpose, and termination. These keywords help ensure that the document accurately reflects the purpose and scope of the agreement while making it searchable and accessible to relevant stakeholders.

Fulton Georgia Amendment and Waiver of Surface Lease Rental Agreement is a legal document used in Fulton County, Georgia, to modify and waive certain terms and conditions of a surface lease rental agreement. This agreement is typically entered into between a landowner (lessor) and a tenant (lessee) for the leasing of the surface rights of a property. In Fulton County, there may be different types of Amendment and Waiver of Surface Lease Rental Agreements, depending on the specific circumstances and needs of the parties involved. Some common variations may include: 1. Extension or Renewal Amendment: This type of amendment is used when both parties agree to extend or renew the surface lease rental agreement beyond its original term. It outlines the revised duration, terms, and conditions of the extended or renewed lease. 2. Rent Adjustment Amendment: This amendment is employed when the parties wish to revise the rental amount specified in the original lease agreement. It may include changes to the base rent, percentage-based rent, or any rental escalation provisions. 3. Assignment and Subleasing Amendment: In situations where the tenant wants to assign their rights or sublease the leased property to a third party, an assignment and subleasing amendment is utilized. This document outlines the terms and conditions of such transfers and ensures the consent of the lessor. 4. Modification of Use or Purpose Amendment: If the original lease restricts or defines the permitted use or purpose of the leased property, this type of amendment allows the parties to modify those limitations. It may involve expanding or narrowing down the allowed uses. 5. Termination and Release Amendment: This amendment is employed when the parties mutually agree to terminate the surface lease rental agreement before its natural expiration. It releases both parties from their obligations under the original lease and specifies any necessary termination procedures. In drafting a Fulton Georgia Amendment and Waiver of Surface Lease Rental Agreement, it is crucial to include relevant keywords such as Fulton County, Georgia, surface lease, rental agreement, amendment, waiver, extension, renewal, rent adjustment, assignment, subleasing, modification, use, purpose, and termination. These keywords help ensure that the document accurately reflects the purpose and scope of the agreement while making it searchable and accessible to relevant stakeholders.