This form is used when the Assignor sells, assigns, and conveys to Assignee, an undivided percentage of all of Assignor's rights, title, and interests in his Oil and Gas Leases. By this Assignment, Assignor also sells, assigns, and conveys to Assignee a like undivided interest in all equipment, personal property, and fixtures located on the lands covered by the Leases.
The Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form is a legal document used in the state of Texas for transferring ownership of an undivided interest in multiple producing leases. This assignment and bill of sale outlines the terms and conditions of the transfer, protecting the interests of both the buyer and the seller. Keywords: Harris Texas Assignment, Bill of Sale, Undivided Interest, Multiple Producing Leases, Short Form. There are different variations of the Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form based on specific circumstances and requirements. These variations include: 1. Individual Lease Transfer: This form is used when the assignment and bill of sale pertain to a single lease or property. It details the specifics of the transfer, such as the lease name, description, acreage, production records, and any additional terms and conditions. 2. Multiple Lease Transfer: This form is utilized when transferring ownership of an undivided interest in multiple leases or properties. It provides a comprehensive list of all the leases involved, along with their respective descriptions, acreages, production details, and any related terms and conditions. 3. Partial Interest Transfer: This variation is applicable when only a portion of the undivided interest in the multiple producing leases is being transferred. It specifies the percentage or fraction of interest being sold, as well as any reserved rights or obligations for the seller. 4. Royalty Interest Transfer: In some cases, the assignment and bill of sale may solely focus on transferring the royalty interest in multiple producing leases. This form specifically outlines the percentage or fraction of the royalty interest being sold, along with relevant details regarding payment terms and any retained rights. 5. Conveyance with Covenants: This type of short form includes additional covenants and warranties from the seller towards the buyer, ensuring that the interest being sold is free from any liens, claims, or encumbrances. It provides an added layer of protection for the buyer to confirm the marketable title of the interest being transferred. Note: It is essential to consult with legal professionals or Texas-specific resources to obtain the most up-to-date and accurate versions of the Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form that align with the specific requirements of your transaction.The Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form is a legal document used in the state of Texas for transferring ownership of an undivided interest in multiple producing leases. This assignment and bill of sale outlines the terms and conditions of the transfer, protecting the interests of both the buyer and the seller. Keywords: Harris Texas Assignment, Bill of Sale, Undivided Interest, Multiple Producing Leases, Short Form. There are different variations of the Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form based on specific circumstances and requirements. These variations include: 1. Individual Lease Transfer: This form is used when the assignment and bill of sale pertain to a single lease or property. It details the specifics of the transfer, such as the lease name, description, acreage, production records, and any additional terms and conditions. 2. Multiple Lease Transfer: This form is utilized when transferring ownership of an undivided interest in multiple leases or properties. It provides a comprehensive list of all the leases involved, along with their respective descriptions, acreages, production details, and any related terms and conditions. 3. Partial Interest Transfer: This variation is applicable when only a portion of the undivided interest in the multiple producing leases is being transferred. It specifies the percentage or fraction of interest being sold, as well as any reserved rights or obligations for the seller. 4. Royalty Interest Transfer: In some cases, the assignment and bill of sale may solely focus on transferring the royalty interest in multiple producing leases. This form specifically outlines the percentage or fraction of the royalty interest being sold, along with relevant details regarding payment terms and any retained rights. 5. Conveyance with Covenants: This type of short form includes additional covenants and warranties from the seller towards the buyer, ensuring that the interest being sold is free from any liens, claims, or encumbrances. It provides an added layer of protection for the buyer to confirm the marketable title of the interest being transferred. Note: It is essential to consult with legal professionals or Texas-specific resources to obtain the most up-to-date and accurate versions of the Harris Texas Assignment and Bill of Sale of Undivided Interest in Multiple Producing Leases — Short Form that align with the specific requirements of your transaction.
