Rhode Island Assignment of Record Title Interests

State:
Multi-State
Control #:
US-OG-519
Format:
Word; 
Rich Text
Instant download

Description

This form of assignment provides for the assignment of record title interests in an oil and gas lease.

How to fill out Assignment Of Record Title Interests?

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FAQ

If you would like to obtain documentation in lieu of a title, you must provide the following documents: Bill of Sale (if you are not the current registered owner). Identification. Application for Registration and/or Drivers License Information. Fee of $12.50.

Redemption Period After a Property Tax Sale in Rhode Island In Rhode Island, the purchaser must wait one year after the sale before starting the foreclosure to wipe out your right of redemption. (R.I. Gen. Laws § 44-9-25.)

Rhode Island is a state that does allow alimony, unlike other states that are considered community property states. It's important to keep in mind that alimony is considered spousal support and is separate from child support or other payments that fall under a child custody agreement.

In Rhode Island, marital property is subject to equitable division under statute § 15-5-16.1. The assignment of property in cases of divorce is divided and managed fairly between the two spouses depending on various factors. This does not mean that property is split 50/50; rather, it is split in a just and proper way.

Rhode Island is a ?no fault state.? Is property divided 50 /50 in a divorce? Property, assets and debts are not divided 50/50 in all divorces in Rhode Island. The vast majority of divorces in Rhode Island result in an equal split of the marital assets.

When selling real estate in Rhode Island, all transactions have a real estate conveyance tax, pursuant to RIGL 44-25-1. This payment is collected at closing and a portion of these funds are remitted to the State of Rhode Island and a portion is remitted to the local city or township.

Rhode Island is one of nine states that still recognizes common law marriages as legally binding. If two people want to end a common law marriage, it's possible; however, the process is much different than divorcing from a traditional marriage.

Is RI a community property state? No. Rhode Island is a ?common law? state. This means that any assets you acquired individually (not using shared funds) are considered yours, even if you acquired them during the marriage.

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Rhode Island Assignment of Record Title Interests