Hi there,
I’m a newbie and need guidance. I received an email from a landman saying that we had spoken already (we hadn’t) regarding a surface waiver agreement for our mineral interest in Jones County. The email goes on to state the tract(s) that Funston Solar would like to request a waiver of surface rights for. They offer compensation in exchange for executing the waiver in the amount of $500 for the execution of the waiver, and 1,000 upon start of construction.
Questions: Will there by additional compensation? (There’s an attached agreement and W-9). What exactly is this? Is it fair compensation? Is this a lease? Forgive my lack of knowledge. Thanks in advance.