Colorado Partial Release of Lien on Assigned Overriding Royalty Interest

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-406
• Format: Word; Rich Text

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/ Grantor's Assignee all of Lienholder's rights, claims, and liens under the Mortgage/Deed of Trust in and to an undivided overriding royalty interest. A Colorado Partial Release of Lien on Assigned Overriding Royalty Interest refers to a legal document that removes or releases a portion of a previously filed lien on an assigned overriding royalty interest in Colorado. This partial release is typically used when a lien holder agrees to release a portion of the assigned royalty interest that has been secured by a lien, allowing the assignee to regain control over a part of the assigned interest. The Colorado Partial Release of Lien on Assigned Overriding Royalty Interest is a crucial document in the oil, gas, and mining industries, where assigning overriding royalty interests is common. This legal instrument ensures that the lien holder's rights are protected while also providing a means for the assignee to unlock the value of their assigned interest. Different types of Colorado Partial Release of Lien on Assigned Overriding Royalty Interest may include: 1. Mineral Rights Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release specifically deals with the assignment of overriding royalty interests in relation to mineral rights. It is filed when a lien is partially released from a specific portion of the assigned mineral rights, giving the assignee control over a reduced part of the overriding royalty interest. 2. Oil and Gas Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release pertains to the assignment of overriding royalty interests associated with oil and gas rights. It outlines the partial release of a lien from specific portions of the assigned overriding royalty interest, enabling the assignee to retain control over a reduced percentage of the interest. 3. Mining Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release applies to the assignment of overriding royalty interests related to mining operations. It allows the lien holder to partially release their lien from a certain portion of the assigned overriding royalty interest, granting the assignee control over a diminished part of the interest. The Colorado Partial Release of Lien on Assigned Overriding Royalty Interest serves as a safeguard to protect the rights and investments of both the lien holder and the assignee while facilitating the transfer of assigned interests. It ensures transparency and clarity in assignments and releases, paving the way for smooth and efficient operations in the oil, gas, and mining industries.

A Colorado Partial Release of Lien on Assigned Overriding Royalty Interest refers to a legal document that removes or releases a portion of a previously filed lien on an assigned overriding royalty interest in Colorado. This partial release is typically used when a lien holder agrees to release a portion of the assigned royalty interest that has been secured by a lien, allowing the assignee to regain control over a part of the assigned interest. The Colorado Partial Release of Lien on Assigned Overriding Royalty Interest is a crucial document in the oil, gas, and mining industries, where assigning overriding royalty interests is common. This legal instrument ensures that the lien holder's rights are protected while also providing a means for the assignee to unlock the value of their assigned interest. Different types of Colorado Partial Release of Lien on Assigned Overriding Royalty Interest may include: 1. Mineral Rights Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release specifically deals with the assignment of overriding royalty interests in relation to mineral rights. It is filed when a lien is partially released from a specific portion of the assigned mineral rights, giving the assignee control over a reduced part of the overriding royalty interest. 2. Oil and Gas Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release pertains to the assignment of overriding royalty interests associated with oil and gas rights. It outlines the partial release of a lien from specific portions of the assigned overriding royalty interest, enabling the assignee to retain control over a reduced percentage of the interest. 3. Mining Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release applies to the assignment of overriding royalty interests related to mining operations. It allows the lien holder to partially release their lien from a certain portion of the assigned overriding royalty interest, granting the assignee control over a diminished part of the interest. The Colorado Partial Release of Lien on Assigned Overriding Royalty Interest serves as a safeguard to protect the rights and investments of both the lien holder and the assignee while facilitating the transfer of assigned interests. It ensures transparency and clarity in assignments and releases, paving the way for smooth and efficient operations in the oil, gas, and mining industries.