Surface lease with subsurface agreement no state of form
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SURFACE LEASE AGREEMENT
(For Production Equipment and Facilities)
STATE:
COUNTY:
LESSOR: (Name and Address)
LESSEE: (Name and Address)
EFFECTIVE DATE: For adequate consideration, the receipt and sufficiency of which is acknowledged,
Lessor, named above, leases and lets to Lessee, named above, the following lands (the “Lands”)
located in the county and state named above:
(Description of Lands)
For adequate consideration, this Agreement is entered into and a Surface Lease (the
“Lease”) is granted by Lessor and accepted by Lessee on the following terms:
1. The term of this Lease shall extend for a period of ____, with Lessee having the opt ion,
at the end of that period, to renew this Lease annually thereafter, from year to yea r, so long as
Lessee makes use of the Lands for the purposes provided below, at the annual rental of $____, to
be paid annually in advance as provided below. The rental date will be the ____ day of ____
each year.
2. This Lease is granted for the purpose of allowing Lessee the right to construct, operate,
and maintain on the Lands a pumping and injection station, oil production facility, bui ldings,
pipeline connections, tanks, offices, and fixtures necessary for that station. Lessee shall ha ve the
full, free, and exclusive use of the surface of the Lands during the term of this Lease, t ogether
with the right of ingress and egress to and from the Lands, and from, over, and across other la nds
owned by Lessor.
3. All equipment, fixtures, and facilities placed on the Lands by Lessee, shall be and remain
the property of Lessee. Upon expiration of this Lease, Lessee shall have a reasonable time, not
to exceed ____, in which to remove all of Lessee's equipment, fixtures, and facilitie s. Following
the termination of the Lease, Lessee shall restore the Lands, as nearly as pract icable, to its
original condition.
4. Lessor shall pay the ad valorem taxes on the Lands. Lessee shall pay all taxe s assessed
against any structure, material, equipment, fixtures, and facilities placed on the Lands by Lessee.
5. Lessee shall fence and maintain the Lands. Any changes in roads or entrances to the
Lands must be approved in writing by Lessor.
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6. This Lease, and all of its terms and provisions shall extend to and be binding on the heirs,
devisees, executors, administrators, representatives, successors and assigns of Lessor and Lessee.
This Lease is executed by Lessor and Lessee as of the date of acknowledgment of t heir
signatures, but shall be effective as of the Effective Date stated above.
Lessor
Lessor
(Acknowledgments)
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
A surface lease agreement is a legal document that allows one party to use the surface of a property for specific purposes, such as drilling or agricultural use, while the underlying mineral rights may be owned by another party. This agreement ensures clarity on the terms of use, compensation, and responsibilities of both parties involved.
airSlate SignNow provides businesses with an intuitive platform to create, edit, and eSign surface lease agreements quickly and securely. With customizable templates and easy-to-use tools, you can streamline the process of drafting agreements to suit your specific needs, saving time and reducing errors.
Yes, airSlate SignNow offers various pricing plans tailored to fit businesses of all sizes. You can choose a plan that best meets your needs, whether you’re a small business or a large enterprise, ensuring that your surface lease agreement processes remain budget-friendly and efficient.
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