In The Rights Not Assigned form, the assignor reserves all oil and gas rights not specifically described in an assignment, and all mineral and leasehold rights at any depths and all rights of ingress, egress, use, occupancy, and any and all other surface rights granted by the Oil and Gas Leases necessary or convenient to exercise and enjoy all oil, gas, mineral, and leasehold rights reserved to assignor.
New Mexico Rights Not Assigned refers to the legal status of certain rights or properties in the state of New Mexico that have not been assigned or transferred to specific individuals or entities. When these rights or properties have no clear ownership or assignment, they are considered as rights not assigned. There are several types of New Mexico Rights Not Assigned, including: 1. Mineral Rights Not Assigned: These refer to the ownership of underground minerals, oil, gas, or other valuable substances that have not been officially leased or assigned to anyone. These rights can be held by the state, private individuals, or entities and often require proper legal procedures to determine ownership. 2. Water Rights Not Assigned: New Mexico, like many western states, follows a system of water rights allocation. Water rights not assigned signify that no specific individual or entity holds the right to use or divert water from a particular source. Such rights must be established through the comprehensive adjudication process, which involves determining priority, seniority, and usage limitations. 3. Land Rights Not Assigned: This category encompasses various types of land rights that have not been officially assigned, such as unregistered land, disputed ownership, or land with unclear boundaries. These rights commonly require legal proceedings to clarify ownership and determine rightful possessors. 4. Intellectual Property Rights Not Assigned: This type of rights refers to intangible creations of the mind, such as patents, trademarks, copyrights, or trade secrets that have not been assigned or transferred to any individual or entity. This could occur when the creator of the intellectual property has not taken necessary steps to protect or assign these rights to others. In all cases of New Mexico Rights Not Assigned, it is crucial to establish proper legal documentation and procedures to clarify ownership and prevent any disputes or potential exploitation of these rights. Legal professionals specializing in property law, natural resources law, or intellectual property law can assist in navigating the complexities associated with these unassigned rights and ensuring their proper assignment.
