Form and structure of mineral option and lease (ARCHIVED)

This guidance note is now out of date and held on isurv for information purposes only. It was aimed at professionals in the field of negotiations for rights to minerals and also touches on leases of void space. It is generally biased to those working for the landowner, however, it can also inform the tenant and its professional advisers. The guidance note serves to remind us of what the basic building blocks of a mineral lease comprise. It also reminds us that there is no such thing as a standard mineral lease. Hence each case should be considered on its individual merits.