This form is used when working interest owners desire to adopt, ratify, and confirm the Unit Designation insofar as it covers their rights, title, and interests in and to the Oil, Gas, and Mineral Leases and the lands included in the Unit created by the Unit Designation, and agree their respective interests are subject to all terms and provisions of the Unit Designation.
Connecticut Ratification of Unit Designation by Working Interest Owners
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Multi-State
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US-OG-386
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Word;
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How to fill out Ratification Of Unit Designation By Working Interest Owners?
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FAQ
PA 83-474 provides, with certain exceptions, that the declaration of a residential common interest community can be amended only by vote of unit owners to which at least 67% of the association votes are allocated.
Common Interest Ownership Act is a Connecticut General Statute that governs all Condominiums and Cooperative Associations. Otherwise known as CIOA, this statute protects the unit owners and guides the board of directors on how the associations must be governed.
The Colorado Common Interest Ownership Act (CCIOA) was established in 1992 to form a clear, comprehensive, and uniform framework for the creation and operation of common interest communities.
A unit owner is not liable to a purchaser for the failure or delay of the association to provide the certificate and documents in a timely manner, but the purchase contract is voidable by the purchaser until (1) the expiration of five days, excluding Saturdays, Sundays and legal holidays, after the certificate and ...
Common Ownership Types of ?common interest community? include condominiums, planned communities and homeowners' associations and timeshares. Common interest properties are gaining in popularity as more people live in condos or use timeshares for vacations.
Common-interest communities are also known as common-interest developments or CIDs. CIDs are comprised of individually owned units with an undivided interest in common areas. A subdivision developer creates a CID by recording a subdivision plat and a set of legal governing documents.
