Tract definition

Tract means 2 or more parcels that share a common property line and are under the same ownership.

Tract means a contiguous area of land that consists of one or more parcels, lots, or sites that have been separately surveyed regardless of whether the individual parcels, lots, or sites have been recorded and regardless of whether the one or more parcels, lots, or sites are under common or different ownership.

Tract means one or more contiguous lots or parcels under the same ownership.

Examples of Tract in a sentence

• An error or omission in the nominating party’s Tract description may require that a State mineral lease or geophysical agreement be modified, canceled or abrogated due to the existence of conflicting leases, operating agreements, private claims or other future obligations or conditions within the Tract described.

• Any mineral lease or geophysical agreement selected from this Tract and awarded by the Louisiana State Mineral and Energy Board shall be without warranty of any kind, either express, implied or statutory including, but not limited to, title or the implied warranties of merchantability and fitness for a particular purpose.

• The above description of the Tract nominated for the purpose of acquiring a mineral lease or a geophysical agreement has been provided and corrected, where required, exclusively by the nominating party.

More Definitions of Tract

Tract means an aliquot part of a section, a lot within an official plat, or a government lot.

Tract means a single, individually taxed parcel of land appearing on the tax list.

Tract means a parcel of land in the Production Allocation Area described and assigned a Tract number in Exhibit “A” and shown outlined on Exhibit “B”;

Tract means any area of land that is:

Tract means an expanse of land representing the surface expression of the underlying mineral estate that includes oil and gas rights. A tract:

Tract means one or more contiguous lots or parcels in the same ownership. A tract shall not be considered to consist of less than the required acreage because it is crossed by a public road or waterway.

Tract means a group of Lots owned by the same Property Owner.