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Montana Partial Release of Lien on Assigned Overriding Royalty Interest

State:
Multi-State
Control #:
US-OG-406
Format:
Word; 
Rich Text
Instant download

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. Montana Partial Release of Lien on Assigned Overriding Royalty Interest is a legal document used in the state of Montana to release a portion of a lien on an assigned overriding royalty interest. This specific release form is utilized when a party wishes to remove a lien on a portion of the assigned overriding royalty interest, while still maintaining a lien on the remaining portion. Keywords: Montana, Partial Release, Lien, Assigned Overriding Royalty Interest. Types of Montana Partial Release of Lien on Assigned Overriding Royalty Interest may include: 1. Complete-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release form is used when the lien holder wants to completely release the lien on the assigned overriding royalty interest. It signifies a full release of the lien, indicating that there are no further obligations or claims on the assigned overriding royalty interest. 2. Partial-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release form is employed when the lien holder only intends to release a specific portion of the assigned overriding royalty interest. It allows for the partial release of the lien while maintaining a claim on the remaining portion of the assigned overriding royalty interest. 3. Conditional-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: In some cases, a conditional release may be used. This type of release form includes specific conditions that need to be met before the lien holder agrees to release the lien on the assigned overriding royalty interest, either partially or completely. The conditions are typically outlined in the form and must be fulfilled for the release to be effective. It is important to note that these are just a few examples of the types of Montana Partial Release of Lien on Assigned Overriding Royalty Interest documents that may exist. The exact terminology and specifications may vary depending on individual circumstances, legal requirements, and the preferences of the parties involved. When drafting or reviewing a Montana Partial Release of Lien on Assigned Overriding Royalty Interest, it is crucial to consult with a qualified attorney to ensure accuracy, adherence to local laws, and proper protection of rights and interests.

Montana Partial Release of Lien on Assigned Overriding Royalty Interest is a legal document used in the state of Montana to release a portion of a lien on an assigned overriding royalty interest. This specific release form is utilized when a party wishes to remove a lien on a portion of the assigned overriding royalty interest, while still maintaining a lien on the remaining portion. Keywords: Montana, Partial Release, Lien, Assigned Overriding Royalty Interest. Types of Montana Partial Release of Lien on Assigned Overriding Royalty Interest may include: 1. Complete-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release form is used when the lien holder wants to completely release the lien on the assigned overriding royalty interest. It signifies a full release of the lien, indicating that there are no further obligations or claims on the assigned overriding royalty interest. 2. Partial-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: This type of release form is employed when the lien holder only intends to release a specific portion of the assigned overriding royalty interest. It allows for the partial release of the lien while maintaining a claim on the remaining portion of the assigned overriding royalty interest. 3. Conditional-Montana Partial Release of Lien on Assigned Overriding Royalty Interest: In some cases, a conditional release may be used. This type of release form includes specific conditions that need to be met before the lien holder agrees to release the lien on the assigned overriding royalty interest, either partially or completely. The conditions are typically outlined in the form and must be fulfilled for the release to be effective. It is important to note that these are just a few examples of the types of Montana Partial Release of Lien on Assigned Overriding Royalty Interest documents that may exist. The exact terminology and specifications may vary depending on individual circumstances, legal requirements, and the preferences of the parties involved. When drafting or reviewing a Montana Partial Release of Lien on Assigned Overriding Royalty Interest, it is crucial to consult with a qualified attorney to ensure accuracy, adherence to local laws, and proper protection of rights and interests.

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Montana Partial Release of Lien on Assigned Overriding Royalty Interest