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SURFACE LEASE WITH SUBSURFACE AGREEMENT NO. STATE OF LOUISIANA PARISH OF WITNESSED THAT, under the provisions of L.R.S. 30:171, 39:11(c), 41:1 and 41:1173, this agreement is entered into by and between

How to fill out surface lease with subsurface

How to Fill Out Surface Lease with Subsurface:

1. Begin by identifying the parties involved in the lease agreement, including the lessor (surface owner) and the lessee (subsurface owner or operator). This information should be clearly stated at the beginning of the lease document.
2. Specify the duration of the lease, including the start and end dates. You may also include any renewal or termination provisions if necessary.
3. Clearly outline the rights and responsibilities of each party regarding the use of the surface and subsurface. This should include details such as access rights, surface activities, and compensation for damages.
4. Include provisions for compensation, such as lease payments, royalties, or other financial arrangements. Specify the frequency and method of payment along with any specific terms regarding adjustments.
5. Address any necessary permits, licenses, or approvals required by local, state, or federal regulations for the specific activities proposed in the lease agreement.
6. Include provisions for liability and insurance requirements, ensuring that both parties are adequately protected and responsible for their actions.
7. Specify any dispute resolution mechanisms, such as arbitration or mediation, in case conflicts arise during the lifespan of the lease agreement.
8. Ensure that the document is properly executed and signed by all relevant parties, including witnesses if necessary.
9. Keep a copy of the fully executed lease agreement for your records and provide copies to all parties involved.

Who Needs Surface Lease with Subsurface:

1. Landowners who own the surface but not the subsurface rights may need a surface lease with subsurface to allow operators or owners of the subsurface rights to access and conduct activities on their property.
2. Subsurface owners or operators who require access to the surface for exploration, drilling, extraction, or other activities may need a surface lease with subsurface to obtain permission from the surface owner.
3. Government agencies or regulatory bodies may require a surface lease with subsurface to ensure that the activities conducted on the surface are properly regulated and managed.
4. Companies or individuals looking to extract minerals, oil, gas, or other natural resources from the subsurface may need a surface lease with subsurface to secure access to the designated areas.

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What is surface lease with subsurface?

Surface lease with subsurface is a type of agreement where the rights to the surface of a property, as well as the rights to the minerals or resources beneath the surface, are leased or granted to another party.

Who is required to file surface lease with subsurface?

Any party involved in a surface lease with subsurface agreement is required to file the agreement with the appropriate regulatory or governing body.

How to fill out surface lease with subsurface?

To fill out a surface lease with subsurface agreement, parties must include information about the surface rights, subsurface rights, terms of the lease, and any other relevant details.

What is the purpose of surface lease with subsurface?

The purpose of a surface lease with subsurface agreement is to outline the rights and responsibilities of parties involved in the use and extraction of resources from a property.

What information must be reported on surface lease with subsurface?

Information such as the names of parties involved, description of property, details of surface and subsurface rights, terms of the lease, and any other relevant information must be reported on a surface lease with subsurface agreement.