Ohio 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. Ohio Appointment of Agent to Receive Rentals by Lessor is a legal document used in the state of Ohio that grants authority to an agent to receive rental payments on behalf of a lessor. This document is necessary when the lessor, who is the owner of the property or premises, wants to appoint another person or entity to handle the collection of rental payments from tenants. By signing the Ohio Appointment of Agent to Receive Rentals by Lessor, the lessor authorizes the agent to perform various tasks related to the collection of rental payments. These tasks may include receiving rent, issuing receipts, depositing the funds into specified accounts, and providing the lessor with regular reports on rental income. This document is important as it establishes a legal relationship between the lessor and the appointed agent. It ensures that rental payments are received in a timely manner and provides a clear understanding of the responsibilities and obligations of both parties involved. In Ohio, there are no specific types of Appointment of Agent to Receive Rentals by Lessor. However, the document can be customized to suit the specific needs and requirements of the lessor. Some additional terms and conditions that may be included in the document are the duration of the appointment, compensation for the agent's services, and any limitations or restrictions on the agent's authority. When drafting an Ohio Appointment of Agent to Receive Rentals by Lessor, it is crucial to use relevant keywords such as "Ohio," "appointment of agent," "receive rentals," "lessor," "rental payments," "property," "premises," "authorization," "tasks," "responsibilities," "obligations," "customization," "terms and conditions," and "compensation." These keywords ensure that the document is easily searchable and provide a comprehensive understanding of the purpose and implications of appointing an agent to handle rental payments on behalf of a lessor in Ohio.

Ohio Appointment of Agent to Receive Rentals by Lessor is a legal document used in the state of Ohio that grants authority to an agent to receive rental payments on behalf of a lessor. This document is necessary when the lessor, who is the owner of the property or premises, wants to appoint another person or entity to handle the collection of rental payments from tenants. By signing the Ohio Appointment of Agent to Receive Rentals by Lessor, the lessor authorizes the agent to perform various tasks related to the collection of rental payments. These tasks may include receiving rent, issuing receipts, depositing the funds into specified accounts, and providing the lessor with regular reports on rental income. This document is important as it establishes a legal relationship between the lessor and the appointed agent. It ensures that rental payments are received in a timely manner and provides a clear understanding of the responsibilities and obligations of both parties involved. In Ohio, there are no specific types of Appointment of Agent to Receive Rentals by Lessor. However, the document can be customized to suit the specific needs and requirements of the lessor. Some additional terms and conditions that may be included in the document are the duration of the appointment, compensation for the agent's services, and any limitations or restrictions on the agent's authority. When drafting an Ohio Appointment of Agent to Receive Rentals by Lessor, it is crucial to use relevant keywords such as "Ohio," "appointment of agent," "receive rentals," "lessor," "rental payments," "property," "premises," "authorization," "tasks," "responsibilities," "obligations," "customization," "terms and conditions," and "compensation." These keywords ensure that the document is easily searchable and provide a comprehensive understanding of the purpose and implications of appointing an agent to handle rental payments on behalf of a lessor in Ohio.