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This form is used when a question has arisen as to the exact interest in the Leases acquired and owned by each of the Parties. The Parties to this ... Jun 26, 1986 — SESSION 3 - ASSIGNMENTS OUT OF THE LEASEHOLD INTEREST. I. The Assignment ... undivided interest in the lease, assigns the A/~ leasehold to ...BASIC OIL AND GAS FORMS PROGRAM · Assignment (Undivided Interest in Producing Lease) · Assignment and Bill of Sale (To Life Tenant and Remainderman) · Assignment ... Jan 13, 2023 — • DDS would assign its 40% undivided interest in all of the unexpired jointly owned, nonproducing leases to U.S. Energy;. • DDS and U.S. ... by RE Sullivan · 1955 · Cited by 10 — the lease; he can transfer his entire interest and reserve an undivided inter- est or a fractional interest payable only out of production; or he can grant. Our editor is super easy to use and effective. Try it out now! be ready to get more. Complete this form in 5 minutes or less. Involves multiple owners, each of whom has a partial, undivided interest in the property. A tenancy in common is generally created by the words “to A and B.” A ... Jul 23, 2010 — It is personal property and concerns the proceeds from oil and gas leases if and when there is production. 3. The term " mineral interest" ... If A owns an undivided 50% leasehold interest in Section 17 and conveys to B 1/16 of 7/8 of 8/8 of production, the express terms of the assignment will. assignment or a stipulation of interests signed by all parties to the original conveyance which created the interest or the current owners of those interests.