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District of Columbia Assignment for Nonproducing Lease on Part of Lands Subject to Lease

State:
Multi-State
Control #:
US-OG-276
Format:
Word; 
Rich Text
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Description

This form is used when Assignor assigns, sells, and conveys to Assignee, all of Assignor's rights, title, and interests, being no less than a stated undivided working interest and net revenue interest, in the Oil and Gas Lease.

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FAQ

If the lessee transfers his or her entire remaining interest in the tenancy, then the transfer is known as an assignment. If the lessee transfers only part of his or her interest, then the transfer is known as a sublease.

A landlord can't force you to move out before the lease ends unless you fail to pay the rent or violate another significant term, such as repeatedly throwing large and noisy parties. In these cases, landlords in District of Columbia must follow specific procedures to end the tenancy.

(a) A tenant shall allow access to his or her dwelling unit, at reasonable times, to the unit owner or the owner's employee or representative to facilitate any work or inspection required under this subchapter following the provision of written notice by the owner at least 48 hours prior to the work or inspection; ...

Required Landlord Disclosures in Washington, D.C, Landlords in Washington, D.C, must disclose certain information to their tenant, such as the amount of the security deposit and any nonrefundable fees, the identity of the landlord or property manager, and a move-in checklist.

No owner shall place (or cause to be placed) in a lease or rental agreement a provision waiving the right of a tenant of residential premises to a jury trial, or requiring that the tenant pay the owner's court costs or legal fees, or authorizing a person other than the tenant to confess judgment against a tenant.

In the event that a unit is rendered uninhabitable and repairs are not made as provided for in § 5758, the Project Owner shall abate the tenant's total tenant payment in proportion to the seriousness of the damage and loss in value as a dwelling.

What is included in a Lease Assignment? The type of lease (residential or commercial) The property's location. Details about the assignor, assignee, and landlord. The original lease term (start and end dates) The start date of the lease transfer.

If the lease is not registered then a Deed of Assignment will be used. Deeds of Guarantee can also be required to ensure the Assignee can meet their obligations under the lease. An underletting is where a Tenant grants a lease out of their own lease (called an 'underlease').

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District of Columbia Assignment for Nonproducing Lease on Part of Lands Subject to Lease