A division order is a document that outlines the proportions in which the revenue generated from the production of minerals and oil should be distributed among the owners of the land or mineral rights. In the case of New York, the New York Division Order is specifically applicable within the state. The New York Division Order includes important details about the ownership of minerals or oil produced within the state. It specifies the names of the legal owners, their addresses, and the precise amount of their ownership interest or decimal interest. Additionally, it consists of information regarding the actual production location, the lease or contract under which the production takes place, and important dates such as the effective date of production and the date of the division order itself. One type of New York Division Order is the generic division order, which is used for all types of mineral and oil production in the state. Another type is the specific division order, which is tailored for a particular lease or contract. Specific division orders include additional terms and conditions that are specific to a particular lease, making them more detailed and specific than the generic ones. Keywords: New York Division Order, division order, minerals, oil, owners, ownership interest, decimal interest, production, location, lease, contract, generic division order, specific division order.
New York Division Order
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How to fill out New York Division Order?
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