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

State:
Multi-State
Control #:
US-OG-518
Format:
Word; 
Rich Text
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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. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that serves to transfer the ownership of a portion of royalty interests from the working interest owner to a third party in relation to multiple leases. This agreement provides a detailed and comprehensive record of the terms and conditions under which the assignment takes place. The Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form encompasses various types, depending on the specific conditions under which the assignment is made. Some possible variations of this assignment document may include: 1. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Oil and Gas Leases: This specific variant of the assignment agreement pertains to the transfer of overriding royalty interests from the working interest owner to a third party in relation to oil and gas leases. It outlines the terms and provisions specific to these types of leases, taking into account the complexities and nuances of the oil and gas industry in Idaho. 2. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Mining Leases: Mining leases involve the extraction of valuable minerals or ores and often require separate considerations compared to oil and gas leases. This variant of the assignment agreement caters to the transfer of overriding royalty interests related to mining leases, covering specific aspects such as minerals, excavation rights, and environmental concerns in Idaho. 3. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form with Limited Warranty: The inclusion of "limited warranty" in this assignment indicates that the assignor (working interest owner) provides certain warranties and assurances regarding the assigned royalty interests. However, the extent of these warranties might be limited compared to a full warranty. This variant highlights the specific conditions and limitations of the warranty provided by the assignor. 4. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Renewable Energy Leases: With the growing significance of renewable energy sources, this variant of the assignment agreement pertains to the transfer of overriding royalty interests related to leases for renewable energy projects. It may address specific provisions related to wind, solar, geothermal, or hydroelectric leases, as Idaho seeks to embrace clean and sustainable energy options. In summary, the Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form covers various forms tailored to specific lease types and warranty conditions. These assignments provide a detailed framework for the transfer of royalty interests and serve as legally binding agreements in the state of Idaho.

Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that serves to transfer the ownership of a portion of royalty interests from the working interest owner to a third party in relation to multiple leases. This agreement provides a detailed and comprehensive record of the terms and conditions under which the assignment takes place. The Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form encompasses various types, depending on the specific conditions under which the assignment is made. Some possible variations of this assignment document may include: 1. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Oil and Gas Leases: This specific variant of the assignment agreement pertains to the transfer of overriding royalty interests from the working interest owner to a third party in relation to oil and gas leases. It outlines the terms and provisions specific to these types of leases, taking into account the complexities and nuances of the oil and gas industry in Idaho. 2. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Mining Leases: Mining leases involve the extraction of valuable minerals or ores and often require separate considerations compared to oil and gas leases. This variant of the assignment agreement caters to the transfer of overriding royalty interests related to mining leases, covering specific aspects such as minerals, excavation rights, and environmental concerns in Idaho. 3. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form with Limited Warranty: The inclusion of "limited warranty" in this assignment indicates that the assignor (working interest owner) provides certain warranties and assurances regarding the assigned royalty interests. However, the extent of these warranties might be limited compared to a full warranty. This variant highlights the specific conditions and limitations of the warranty provided by the assignor. 4. Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases — Long Form for Renewable Energy Leases: With the growing significance of renewable energy sources, this variant of the assignment agreement pertains to the transfer of overriding royalty interests related to leases for renewable energy projects. It may address specific provisions related to wind, solar, geothermal, or hydroelectric leases, as Idaho seeks to embrace clean and sustainable energy options. In summary, the Idaho Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form covers various forms tailored to specific lease types and warranty conditions. These assignments provide a detailed framework for the transfer of royalty interests and serve as legally binding agreements in the state of Idaho.

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