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Terms Used In Texas Natural Resources Code 53.063

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

The owner of the surface may lease to any person the minerals covered by this subchapter on lease forms prepared by the land office.