Wayne Michigan Partial Release of Lien on Assigned Overriding Royalty Interest

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• County: Wayne
• Control #: US-OG-406
• Format: Word; Rich Text

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/ Grantor's Assignee all of Lienholder's rights, claims, and liens under the Mortgage/Deed of Trust in and to an undivided overriding royalty interest. Wayne Michigan Partial Release of Lien on Assigned Overriding Royalty Interest is a legal document that allows the release of a lien on an assigned overriding royalty interest in Wayne County, Michigan. In simpler terms, this document permits the removal of a claim on royalties that are being transferred or assigned to another party. A "partial release" refers to the release of only a portion of the assigned overriding royalty interest's liens, rather than a complete release. This means that there may still be some remaining liens or claims on other portions of the assigned interest. Keywords: Wayne Michigan, partial release, lien, assigned, overriding royalty interest, Wayne County, legal document, transfer, assigned interest, royalties, claim, partial release of lien. Different types of partial releases of liens on assigned overriding royalty interests in Wayne Michigan may include: 1. Partial Release of Lien on Assigned Overriding Royalty Interest — Residential Property: This type of partial release may be specific to residential properties where the assigned overriding royalty interest is tied to the extraction of natural resources, such as oil or gas. 2. Partial Release of Lien on Assigned Overriding Royalty Interest — Commercial Property: This type of partial release may apply to commercial properties where the assigned overriding royalty interest is related to the development of mineral rights or other valuable resources. 3. Partial Release of Lien on Assigned Overriding Royalty Interest — Agricultural Property: This type of partial release could be applicable to agricultural properties where the assigned overriding royalty interest is associated with farming activities or the extraction of agricultural resources. 4. Partial Release of Lien on Assigned Overriding Royalty Interest — Industrial Property: This specific type of partial release might relate to industrial properties that have assigned overriding royalty interests linked to the extraction, processing, or utilization of industrial resources. These different types highlight the potential variability in how a partial release of liens on assigned overriding royalty interests could be categorized based on the nature of the property or industry involved. In conclusion, a Wayne Michigan Partial Release of Lien on Assigned Overriding Royalty Interest refers to a legal document that allows the removal of a claim on a portion of an assigned overriding royalty interest. Various types of partial releases may exist based on the type of property or industry involved.

Wayne Michigan Partial Release of Lien on Assigned Overriding Royalty Interest is a legal document that allows the release of a lien on an assigned overriding royalty interest in Wayne County, Michigan. In simpler terms, this document permits the removal of a claim on royalties that are being transferred or assigned to another party. A "partial release" refers to the release of only a portion of the assigned overriding royalty interest's liens, rather than a complete release. This means that there may still be some remaining liens or claims on other portions of the assigned interest. Keywords: Wayne Michigan, partial release, lien, assigned, overriding royalty interest, Wayne County, legal document, transfer, assigned interest, royalties, claim, partial release of lien. Different types of partial releases of liens on assigned overriding royalty interests in Wayne Michigan may include: 1. Partial Release of Lien on Assigned Overriding Royalty Interest — Residential Property: This type of partial release may be specific to residential properties where the assigned overriding royalty interest is tied to the extraction of natural resources, such as oil or gas. 2. Partial Release of Lien on Assigned Overriding Royalty Interest — Commercial Property: This type of partial release may apply to commercial properties where the assigned overriding royalty interest is related to the development of mineral rights or other valuable resources. 3. Partial Release of Lien on Assigned Overriding Royalty Interest — Agricultural Property: This type of partial release could be applicable to agricultural properties where the assigned overriding royalty interest is associated with farming activities or the extraction of agricultural resources. 4. Partial Release of Lien on Assigned Overriding Royalty Interest — Industrial Property: This specific type of partial release might relate to industrial properties that have assigned overriding royalty interests linked to the extraction, processing, or utilization of industrial resources. These different types highlight the potential variability in how a partial release of liens on assigned overriding royalty interests could be categorized based on the nature of the property or industry involved. In conclusion, a Wayne Michigan Partial Release of Lien on Assigned Overriding Royalty Interest refers to a legal document that allows the removal of a claim on a portion of an assigned overriding royalty interest. Various types of partial releases may exist based on the type of property or industry involved.