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The Right to Limit or Prohibit Mineral Lease Transfers

By Blake A. Watson

Suppose one is considering two offers to lease mineral rights. The leases differ only as to the right to transfer. The first lease “may not be assigned or otherwise transferred without the consent of the lessor.” The second lease “may not be assigned or otherwise transferred without the consent of the lessor, which consent shall not be unreasonably withheld.”

Minerals being mined in stone quarry

Minerals being mined in stone quarry

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