New Mexico Appointment of Agent to Receive Rentals by Lessor

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• Control #: US-OG-190
• Format: Word; Rich Text

Description

This form is used by the Lessor to appoint an Agent, as Lessor's Agent and Attorney in Fact to receive, collect, issue receipts for, and execute division orders for all payments of rentals which may be paid to Lessor under the terms of an Oil and Gas Lease. New Mexico Appointment of Agent to Receive Rentals by Lessor is a legal document used in the state of New Mexico to appoint an agent who will receive rental payments on behalf of the lessor (or landlord). This document is commonly used when the landlord is not able to directly manage the collection of rental payments, or when the property is owned by a corporate entity. The primary purpose of the Appointment of Agent to Receive Rentals by Lessor is to establish a legally binding agreement between the lessor and the agent. It ensures that the agent is authorized to accept rental payments, issue receipts, and handle any related matters on behalf of the lessor. This appointment is usually made for a specific period, with the option to renew or terminate the agreement at a later date. When drafting an Appointment of Agent to Receive Rentals by Lessor document in New Mexico, it is important to include relevant information such as the full legal names and addresses of both the lessor and the agent. Additionally, the specific rental property or properties to which the appointment applies should be clearly identified in the document. Keywords: — NeMexicoic— - Appointment of Agent - Rentals — Lesso— - Landlord - Agent to Receive Rentals — Rental Payment— - Collection of Rent - Property Management — LegaAgreementen— - Authorization - Rent Receipts — CorporatOwnershiphi— - Specific Period - Renewal — Termination Types of New Mexico Appointment of Agent to Receive Rentals by Lessor: 1. Basic Appointment of Agent to Receive Rentals by Lessor: This type of appointment is the standard agreement used to appoint an agent for the collection of rental payments. 2. Exclusive Appointment of Agent to Receive Rentals by Lessor: This type of appointment grants exclusive rights to the appointed agent, restricting other individuals or entities from accepting rental payments on behalf of the lessor. 3. Limited Appointment of Agent to Receive Rentals by Lessor: This type of appointment restricts the agent's scope of authority to certain rental properties, specific periods, or other limited conditions. 4. Corporate Appointment of Agent to Receive Rentals by Lessor: This type of appointment is used when the lessor is a corporate entity and designates an agent to handle rental payments and related matters on its behalf, taking into account the necessary corporate formalities.

New Mexico Appointment of Agent to Receive Rentals by Lessor is a legal document used in the state of New Mexico to appoint an agent who will receive rental payments on behalf of the lessor (or landlord). This document is commonly used when the landlord is not able to directly manage the collection of rental payments, or when the property is owned by a corporate entity. The primary purpose of the Appointment of Agent to Receive Rentals by Lessor is to establish a legally binding agreement between the lessor and the agent. It ensures that the agent is authorized to accept rental payments, issue receipts, and handle any related matters on behalf of the lessor. This appointment is usually made for a specific period, with the option to renew or terminate the agreement at a later date. When drafting an Appointment of Agent to Receive Rentals by Lessor document in New Mexico, it is important to include relevant information such as the full legal names and addresses of both the lessor and the agent. Additionally, the specific rental property or properties to which the appointment applies should be clearly identified in the document. Keywords: — NeMexicoic— - Appointment of Agent - Rentals — Lesso— - Landlord - Agent to Receive Rentals — Rental Payment— - Collection of Rent - Property Management — LegaAgreementen— - Authorization - Rent Receipts — CorporatOwnershiphi— - Specific Period - Renewal — Termination Types of New Mexico Appointment of Agent to Receive Rentals by Lessor: 1. Basic Appointment of Agent to Receive Rentals by Lessor: This type of appointment is the standard agreement used to appoint an agent for the collection of rental payments. 2. Exclusive Appointment of Agent to Receive Rentals by Lessor: This type of appointment grants exclusive rights to the appointed agent, restricting other individuals or entities from accepting rental payments on behalf of the lessor. 3. Limited Appointment of Agent to Receive Rentals by Lessor: This type of appointment restricts the agent's scope of authority to certain rental properties, specific periods, or other limited conditions. 4. Corporate Appointment of Agent to Receive Rentals by Lessor: This type of appointment is used when the lessor is a corporate entity and designates an agent to handle rental payments and related matters on its behalf, taking into account the necessary corporate formalities.