mineral lease

A lease in which the lessee has the right to explore for and extract oil, gas, or other minerals.

• The rent is usu. based on the amount or value of the minerals extracted. [Cases: Mines and Minerals 56–81. C.J.S. Mines and Minerals §§ 194–325, 442.]

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词条贡献者

法律翻译Frank，毕业于英国一流的高级翻译学院，专注翻译各类与娱乐、体育及媒体有关的法律文件。