A New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that outlines the transfer of a portion of the working interest in oil, gas, or mineral rights from one party to another in the state of New Jersey. This assignment specifically focuses on overriding royalty interests, which allow the assignee to receive a percentage of the revenue generated from the production of the minerals. This assignment is applicable when there are multiple leases involved, meaning that the working interest is owned by multiple parties. It details the percentage of the overriding royalty interest being assigned, as well as the specific leases from which the assignor holds working interest rights. The document also includes a limited warranty, providing assurances to the assignee that the assignor has the legal authority to transfer the overriding royalty interest. Keywords: New Jersey, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form. Types of New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: 1. New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form For Oil and Gas: This type of assignment specifically pertains to the transfer of overriding royalty interest in oil and gas leases in New Jersey. It outlines the specific terms and conditions related to the extraction and production of oil and gas resources. 2. New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form For Mineral Rights: This variant focuses on the transfer of overriding royalty interest in mineral rights leases in New Jersey. It covers the extraction and production of various minerals, such as coal, iron ore, limestone, and other valuable resources. 3. New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form For Natural Gas: This assignment specifically addresses the transfer of overriding royalty interest in natural gas leases in New Jersey. It includes relevant terms and conditions specifically related to the exploration, extraction, and production of natural gas resources. 4. New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form For Renewable Energy: This type of assignment deals with the transfer of overriding royalty interest in renewable energy leases in New Jersey. It encompasses the rights and obligations related to the generation of renewable energy, such as wind or solar power. 5. New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form For Multiple Resources: This variant of the assignment covers situations where the working interest includes multiple resources, such as oil, gas, and minerals, simultaneously. It outlines the specific terms and conditions applicable to each resource and the proportional allocation of the overriding royalty interest.
New Jersey Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form
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