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North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description

State:
Multi-State
Control #:
US-OG-028
Format:
Word; 
Rich Text
Instant download

Description

This form is used when it is the intention of the Assignor and the Assignee to correct the description of the Oil and Gas Leases in an Assignment. North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description is a legal document used in the state of North Dakota to correct any errors or discrepancies in the lease description of an overriding royalty interest. Keywords: North Dakota, correction, assignment, overriding royalty interest, lease description Different types of Correction Assignment of Overriding Royalty Interest Correcting Lease Description in North Dakota may include: 1. Correction of Lease Description: This type of correction assignment is used when there are errors or inaccuracies in the lease description of an overriding royalty interest. It aims to rectify any mistakes and ensure that the lease description accurately reflects the property in question. 2. Assignment of Overriding Royalty Interest: This type of correction assignment is used when there is a need to transfer the ownership or interest in an overriding royalty from one party to another. It involves the assignment of the overriding royalty interest in the lease description to a new owner, correcting any errors or discrepancies in the process. 3. Correction of Royalty Interest Percentage: In certain cases, there may be errors in the recorded royalty interest percentage related to an overriding royalty interest. This type of correction assignment aims to correct and accurately reflect the actual royalty interest percentage in the lease description, ensuring proper compensation for the parties involved. 4. Overruling Previous Lease Descriptions: In some instances, a previous lease description of an overriding royalty interest may have been made in error or based on inaccurate information. This type of correction assignment is used to overrule or correct the previous lease description, ensuring accuracy and legality in the documentation. 5. Correction of Lease Boundaries: Occasionally, the lease boundaries in an overriding royalty interest may be incorrectly defined or described. This type of correction assignment is used to rectify any errors or discrepancies in the lease boundaries, ensuring that the description aligns with the actual property in question. Overall, the North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description plays a crucial role in correcting any errors, inaccuracies, or disputes related to the lease description of an overriding royalty interest, ensuring clarity, accuracy, and fairness for all parties involved.

North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description is a legal document used in the state of North Dakota to correct any errors or discrepancies in the lease description of an overriding royalty interest. Keywords: North Dakota, correction, assignment, overriding royalty interest, lease description Different types of Correction Assignment of Overriding Royalty Interest Correcting Lease Description in North Dakota may include: 1. Correction of Lease Description: This type of correction assignment is used when there are errors or inaccuracies in the lease description of an overriding royalty interest. It aims to rectify any mistakes and ensure that the lease description accurately reflects the property in question. 2. Assignment of Overriding Royalty Interest: This type of correction assignment is used when there is a need to transfer the ownership or interest in an overriding royalty from one party to another. It involves the assignment of the overriding royalty interest in the lease description to a new owner, correcting any errors or discrepancies in the process. 3. Correction of Royalty Interest Percentage: In certain cases, there may be errors in the recorded royalty interest percentage related to an overriding royalty interest. This type of correction assignment aims to correct and accurately reflect the actual royalty interest percentage in the lease description, ensuring proper compensation for the parties involved. 4. Overruling Previous Lease Descriptions: In some instances, a previous lease description of an overriding royalty interest may have been made in error or based on inaccurate information. This type of correction assignment is used to overrule or correct the previous lease description, ensuring accuracy and legality in the documentation. 5. Correction of Lease Boundaries: Occasionally, the lease boundaries in an overriding royalty interest may be incorrectly defined or described. This type of correction assignment is used to rectify any errors or discrepancies in the lease boundaries, ensuring that the description aligns with the actual property in question. Overall, the North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description plays a crucial role in correcting any errors, inaccuracies, or disputes related to the lease description of an overriding royalty interest, ensuring clarity, accuracy, and fairness for all parties involved.

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North Dakota Correction Assignment of Overriding Royalty Interest Correcting Lease Description