Austin Texas Lessor's Notice of Election to Take Royalty in Kind
Category:
State:
Multi-State
City:
Austin
Control #:
US-OG-105
Format:
Word;
Rich Text
Instant download
Description
Many forms of oil and gas leases allow the lessor to take the royalty share of oil (and sometimes gas) in kind. This form is a notice by a lessor, to be delivered to a lessee, of the lessor's intent to exercise that right under the terms of a lease, and take the lessor's share of royalty production in kind.
