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NEW MEXICO STATE LAND OFFICE APPLICATION FOR A RULE 3 (19.2.3 MAC) MINERAL LEASE ON STATE TRUST LAND TO:Commissioner of Public Lands Post Office Box 1148 Santa Fe, New Mexico 875041148FOR LAND OFFICE
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A lease is a contractual agreement where one party, the lessor, allows another party, the lessee, to use an asset for a specific period of time in exchange for payment.
Both the lessor and lessee are required to file a lease agreement.
To fill out a lease, both parties need to provide their personal information, details of the asset being leased, terms of the lease agreement, and signatures.
The purpose of a lease is to legally bind the lessor and lessee in an agreement regarding the use of an asset.
The lease agreement must include details of the asset, payment terms, lease duration, and responsibilities of both parties.
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