This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
New Hampshire Express Covenants refer to legally binding agreements or promises made between parties involved in a real estate transaction in the state of New Hampshire. These covenants are written into deeds or other legal documents and are used to establish specific rights and obligations for the parties involved. One common type of New Hampshire Express Covenant is the Covenant of Basin. This covenant guarantees that the granter (seller) holds legal ownership and possession of the property being conveyed. It ensures that the property is free from any claims or liens that could affect the buyer's ownership rights. Another essential type is the Covenant Against Encumbrances. This covenant guarantees that the property is free from any liens, mortgages, easements, or other encumbrances that could potentially limit the buyer's full enjoyment or use of the property. The Covenant of Warranty is also common when it comes to New Hampshire Express Covenants. This covenant guarantees that the granter will defend and protect the buyer's ownership rights against any future claims made by other parties. It provides assurance to the buyer that they will be protected from any legal disputes arising from the property's title. Additionally, New Hampshire Express Covenants may include the Covenant for Quiet Enjoyment. This covenant ensures that the buyer will have undisturbed possession and use of the property without any interference from the seller or any third-party claims. The Covenant for Further Assurances is another type of covenant that might be included in New Hampshire Express Covenants. This covenant requires the granter to take any necessary actions or execute additional documents to perfect the buyer's ownership rights if any defects or deficiencies arise in the title. These New Hampshire Express Covenants are crucial elements of a real estate transaction, providing protection and peace of mind to both buyers and sellers. By clearly outlining the rights and obligations of each party, they ensure the smooth transfer of property ownership and minimize the risk of future disputes.
