# Resource Lease

**IRI:** https://folio.openlegalstandard.org/R8e6XPDUvLQ6Y84qiuw7rgE

## Labels

**Preferred Label:** Ground Lease

## Definition

A Resource Lease is an agreement granting rights to extract natural resources (like minerals, timber, or oil) from a property in exchange for payments, typically royalties based on the amount extracted.

## Sub Class Of

- https://folio.openlegalstandard.org/R7I7inwWLqKi8ZMm0Ey6dkK
- https://folio.openlegalstandard.org/R8RfDzMtuMPdmNTonmhBxu

## See Also

- https://folio.openlegalstandard.org/R7t2Hg7cfHArl1MVLOotjPG
- https://folio.openlegalstandard.org/R9jGsr6LEcgGQxDRMlckOMm
- https://folio.openlegalstandard.org/RBioeVhKaUUVmf39x6B5LRh
- https://folio.openlegalstandard.org/RCRdGhCbWvSVjIhz7sM0FzY
- https://folio.openlegalstandard.org/RCkPc0XIMxDInzRipCUUZ1q

**Deprecated:** False