Florida Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-518
• Format: Word; Rich Text

Description

This form is used by the Assignor to transfer, assign, and convey to Assignee an overriding royalty interest in a Lease, convertible to a working interest. Florida Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that outlines the transfer of rights to receive royalties from an oil and gas lease in Florida. This assignment allows the owner of a working interest to assign a portion of their royalty interest to another party, known as the assignee. This long-form document is specifically designed for situations where the working interest owner has multiple leases and wants to transfer a percentage of their overriding royalty interest to the assignee. The assignment includes limited warranty provisions that protect the assignee against any prior or subsequent claims on the assigned royalty interest. Keywords: Florida, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form. Different types of Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form in Florida may include variations based on specific terms and conditions agreed upon by the parties involved in the assignment. These variations can include: 1. Assignment of Overriding Royalty Interest with Multiple Leases and Limited Warranty — Long Form for a specific geographic area or oil and gas field in Florida. 2. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for a specific term, such as a fixed number of years or until a specific event occurs. 3. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form with additional provisions related to royalty payment schedules, bonus payments, or deductions. 4. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for transfers involving multiple assignors and assignees, creating a complex network of royalty interest assignments. These different types of assignments may vary in their specific provisions, but their purpose remains the same — to transfer overriding royalty interests from a working interest owner to another party in a manner that ensures limited warranty and protects the assignee's rights. Keywords: Florida, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form, geographic area, oil and gas field, specific term, payment schedules, bonus payments, deductions, assignors, assignees, network of assignments.

Florida Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that outlines the transfer of rights to receive royalties from an oil and gas lease in Florida. This assignment allows the owner of a working interest to assign a portion of their royalty interest to another party, known as the assignee. This long-form document is specifically designed for situations where the working interest owner has multiple leases and wants to transfer a percentage of their overriding royalty interest to the assignee. The assignment includes limited warranty provisions that protect the assignee against any prior or subsequent claims on the assigned royalty interest. Keywords: Florida, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form. Different types of Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form in Florida may include variations based on specific terms and conditions agreed upon by the parties involved in the assignment. These variations can include: 1. Assignment of Overriding Royalty Interest with Multiple Leases and Limited Warranty — Long Form for a specific geographic area or oil and gas field in Florida. 2. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for a specific term, such as a fixed number of years or until a specific event occurs. 3. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form with additional provisions related to royalty payment schedules, bonus payments, or deductions. 4. Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for transfers involving multiple assignors and assignees, creating a complex network of royalty interest assignments. These different types of assignments may vary in their specific provisions, but their purpose remains the same — to transfer overriding royalty interests from a working interest owner to another party in a manner that ensures limited warranty and protects the assignee's rights. Keywords: Florida, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form, geographic area, oil and gas field, specific term, payment schedules, bonus payments, deductions, assignors, assignees, network of assignments.