This form is used when Assignor assigns, sells, and conveys to Assignee an undivided % of all of Assignor's rights, title and interests in an Oil and Gas Lease. This Assignment covers and includes a like interest in all equipment and fixtures located on the Lease.
Arkansas Assignment of Undivided Interest in Producing Lease
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Multi-State
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US-OG-255
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Word;
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How to fill out Arkansas Assignment Of Undivided Interest In Producing Lease?
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In the State of Arkansas when a person sells a piece of property the mineral rights automatically transfer with the surface rights, unless otherwise stated in the deed.
The rule followed is generally known as the Strohacker Doctrine, named for the case of Missouri Pacific Railroad Co. v. Strohacker,s in which the Arkansas Supreme Court affirmed a chan- cery court decision that reservations of "coal and mineral deposits" in 1892 and 1893 deeds did not reserve the oil and gas.
The amount that a spouse gets under dower and curtesy depends on whether they have children. The surviving spouse is entitled to one third of the dead spouse's real property. If there are no children, the surviving spouse is entitled to half.
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by CA Morgan · Cited by 2 — The Guardian can also assign the interest in a lease owned by the ward or sell any mineral interest owned by the ward if the Guardian deems such to be in ... This form is used when Assignor assigns, sells, and conveys to Assignee an undivided % of all of Assignor's rights, title and interests in an Oil and Gas ...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 ... by RE Sullivan · 1955 · Cited by 10 — the lease; he can transfer his entire interest and reserve an undivided inter- est or a fractional interest payable only out of production; or he can grant. Make the steps below to fill out Assignment of Undivided Interest in Producing Lease online easily and quickly: Log in to your account. Log in with your ... by SW Wright · 1986 · Cited by 12 — The basic interests in oil and gas are the leasehold, mineral, and royalty interests, which differ from each other in significant respects. Leasehold Interests. by JS Lowe · 2017 — An assignment of interest in a lease under a farmout agreement may cover all substances covered by the lease. A farmout that is not specifically limited ... A royalty interest is the right to receive production proceeds of an oil or gas well without other rights of participation (i.e. signing a lease). A royalty ... by TA Daily · Cited by 16 — Normally the overriding royalty interest is conveyed as an interest in the lease, rather ... to acquire for its own benefit, deeds, leases, or assignments cover-. by CJ Clegg · 1998 — The transfer may be ei- ther a permanent transfer or may be for a limited period pending recoupment out of the share of production attributable to the interest.
