Harris Texas Assignment and Conveyance of Overriding Royalty Interest

State:
Multi-State
County:
Harris
Control #:
US-OG-280
Format:
Word; 
Rich Text
Instant download

Description

This form is used by the Assignor to transfer, assign, and convey to Assignee all of Assignor's overriding royalty interest in a Lease and all oil, gas and other minerals produced, saved and sold from the Lease. The Harris County, Texas Assignment and Conveyance of Overriding Royalty Interest is a legal document that transfers the rights and benefits of an overriding royalty interest from one party to another. This document outlines the specific terms and conditions of the transfer, ensuring that all parties involved are properly informed and protected. The Harris Texas Assignment and Conveyance of Overriding Royalty Interest is commonly used in oil and gas leases, where the royalty interest holder has a share in the revenue generated from the production of oil, gas, or minerals on a specific property. Keywords: Harris County, Texas, Assignment, Conveyance, Overriding Royalty Interest, legal document, transfer, rights, benefits, terms, conditions, informed, protected, oil and gas leases, revenue, production, property. Different types of Harris Texas Assignment and Conveyance of Overriding Royalty Interest may include: 1. Partial Assignment: This type of assignment transfers only a portion of the overriding royalty interest from the assignor to the assignee. It can involve a specific percentage or fraction that represents the assigned interest. 2. Full Assignment: In contrast to a partial assignment, a full assignment transfers the entire overriding royalty interest from the assignor to the assignee. This means that the assignor relinquishes all rights and benefits associated with the royalty interest. 3. Temporary Assignment: Sometimes, the assignment and conveyance of an overriding royalty interest may be temporary. It could be for a specific duration or until certain conditions are met, such as the completion of a certain number of wells or the expiration of a lease agreement. 4. Perpetual Assignment: This type of assignment transfers the overriding royalty interest indefinitely, with no set expiration or termination clause. It grants the assignee the rights to the royalty interest for an unlimited duration. 5. Assignment with Diversionary Clause: This type of assignment may include a diversionary clause where the overriding royalty interest may revert to the assignor or another designated party under certain circumstances. This clause is typically triggered by specific events, such as the non-production of the property or the termination of a lease. Keywords: Partial Assignment, Full Assignment, Temporary Assignment, Perpetual Assignment, Assignment with Diversionary Clause, overriding royalty interest, assignor, assignee, temporary, duration, circumstances, diversionary clause, lease, revenue, production, oil, gas, minerals, assignment, conveyance.

The Harris County, Texas Assignment and Conveyance of Overriding Royalty Interest is a legal document that transfers the rights and benefits of an overriding royalty interest from one party to another. This document outlines the specific terms and conditions of the transfer, ensuring that all parties involved are properly informed and protected. The Harris Texas Assignment and Conveyance of Overriding Royalty Interest is commonly used in oil and gas leases, where the royalty interest holder has a share in the revenue generated from the production of oil, gas, or minerals on a specific property. Keywords: Harris County, Texas, Assignment, Conveyance, Overriding Royalty Interest, legal document, transfer, rights, benefits, terms, conditions, informed, protected, oil and gas leases, revenue, production, property. Different types of Harris Texas Assignment and Conveyance of Overriding Royalty Interest may include: 1. Partial Assignment: This type of assignment transfers only a portion of the overriding royalty interest from the assignor to the assignee. It can involve a specific percentage or fraction that represents the assigned interest. 2. Full Assignment: In contrast to a partial assignment, a full assignment transfers the entire overriding royalty interest from the assignor to the assignee. This means that the assignor relinquishes all rights and benefits associated with the royalty interest. 3. Temporary Assignment: Sometimes, the assignment and conveyance of an overriding royalty interest may be temporary. It could be for a specific duration or until certain conditions are met, such as the completion of a certain number of wells or the expiration of a lease agreement. 4. Perpetual Assignment: This type of assignment transfers the overriding royalty interest indefinitely, with no set expiration or termination clause. It grants the assignee the rights to the royalty interest for an unlimited duration. 5. Assignment with Diversionary Clause: This type of assignment may include a diversionary clause where the overriding royalty interest may revert to the assignor or another designated party under certain circumstances. This clause is typically triggered by specific events, such as the non-production of the property or the termination of a lease. Keywords: Partial Assignment, Full Assignment, Temporary Assignment, Perpetual Assignment, Assignment with Diversionary Clause, overriding royalty interest, assignor, assignee, temporary, duration, circumstances, diversionary clause, lease, revenue, production, oil, gas, minerals, assignment, conveyance.

Free preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Harris Texas Assignment And Conveyance Of Overriding Royalty Interest?

Preparing legal paperwork can be difficult. Besides, if you decide to ask a lawyer to write a commercial agreement, papers for ownership transfer, pre-marital agreement, divorce papers, or the Harris Assignment and Conveyance of Overriding Royalty Interest, it may cost you a fortune. So what is the most reasonable way to save time and money and draft legitimate forms in total compliance with your state and local regulations? US Legal Forms is an excellent solution, whether you're looking for templates for your individual or business needs.

US Legal Forms is biggest online library of state-specific legal documents, providing users with the up-to-date and professionally checked forms for any use case gathered all in one place. Consequently, if you need the current version of the Harris Assignment and Conveyance of Overriding Royalty Interest, you can easily find it on our platform. Obtaining the papers takes a minimum of time. Those who already have an account should check their subscription to be valid, log in, and pick the sample using the Download button. If you haven't subscribed yet, here's how you can get the Harris Assignment and Conveyance of Overriding Royalty Interest:

  1. Glance through the page and verify there is a sample for your region.
  2. Check the form description and use the Preview option, if available, to make sure it's the template you need.
  3. Don't worry if the form doesn't satisfy your requirements - search for the correct one in the header.
  4. Click Buy Now once you find the required sample and pick the best suitable subscription.
  5. Log in or register for an account to purchase your subscription.
  6. Make a transaction with a credit card or via PayPal.
  7. Choose the document format for your Harris Assignment and Conveyance of Overriding Royalty Interest and save it.

Once finished, you can print it out and complete it on paper or import the template to an online editor for a faster and more convenient fill-out. US Legal Forms enables you to use all the paperwork ever obtained many times - you can find your templates in the My Forms tab in your profile. Try it out now!

Trusted and secure by over 3 million people of the world’s leading companies

Harris Texas Assignment and Conveyance of Overriding Royalty Interest