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LSDefine

Simple English definitions for legal terms

surface interest

Read a random definition: lease-lend

A quick definition of surface interest:

Surface interest refers to the ownership rights of the surface of a property, excluding any mineral rights. The owner of the surface interest has the right to use and enjoy the surface of the property, but must allow the owner of the mineral interest to access and use the surface for mineral extraction. The surface owner is entitled to any non-mineral substances found on or under the surface of the property.

A more thorough explanation:

Definition: Surface interest refers to every right in real property other than the mineral interest. The owner of the surface interest has the right to the surface of the property, but the mineral-interest owner has the right to use the surface. The surface-interest owner is entitled to whatever nonmineral substances are found in or under the soil.

Example: Let's say John owns a piece of land that has oil and gas reserves underneath it. John sells the mineral interest to a company that wants to extract the oil and gas. However, John retains the surface interest, which means he still owns the land and has the right to use it for any purpose that does not interfere with the mineral extraction. The company has the right to use the surface to extract the minerals, but they must compensate John for any damage caused to the surface.

Explanation: This example illustrates how surface interest works in the context of oil and gas extraction. The owner of the surface interest has the right to use the land for any purpose that does not interfere with the mineral extraction. The mineral-interest owner has the right to use the surface to extract the minerals, but they must compensate the surface-interest owner for any damage caused to the surface. This ensures that both parties can benefit from the property without infringing on each other's rights.

surface-damage clause | surface issue

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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