The Arizona Assignment of Overriding Royalty Interest — Short Form is a legal document used in the state of Arizona to transfer ownership of an overriding royalty interest from one party to another. An overriding royalty interest is a non-operating interest in an oil or gas well or mineral lease that entitles the owner to a share of the revenue generated from the production of the minerals. The Assignment of Overriding Royalty Interest — Short Form in Arizona outlines the terms and conditions of the transfer, including the identification of the current owner (assignor) and the new owner (assignee). It also specifies the specific oil or gas well or mineral lease to which the overriding royalty interest applies. Keywords: Arizona, Assignment of Overriding Royalty Interest, Short Form, legal document, transfer, ownership, overriding royalty interest, non-operating interest, oil, gas well, mineral lease, revenue, production, minerals. Different types of Arizona Assignment of Overriding Royalty Interest — Short Form may include variations in terms and conditions, such as the percentage of the overriding royalty interest being transferred, the effective date of the assignment, and any additional provisions required by the parties involved. However, the basic purpose of the document remains the same — to legally transfer ownership of an overriding royalty interest.
Arizona Assignment of Overriding Royalty Interest - Short Form
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