Delaware Ratification of Unit Designation by Working Interest Owners

State:
Multi-State
Control #:
US-OG-386
Format:
Word; 
Rich Text
Instant download

Description

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.

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FAQ

Delaware Uniform Common Interest Ownership Act ("DUCIOA"), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted.

The Delaware Unit Property Act is a set of regulations that governs how multi-unit communities are managed and sold. The act establishes the principle that individual owners in a condominium complex also purchase a percentage of undivided interest in the common areas of the community. Delaware's Unit Property Act: Definition & Overview - Study.com study.com ? academy ? lesson ? delawares-unit-pr... study.com ? academy ? lesson ? delawares-unit-pr...

The Delaware Uniform Common Interest Ownership Act (the DUCIOA) The Delaware Uniform Common Interest Ownership Act, or DUCIOA authorizes and governs many requirements and options for common interest communities.

Delaware Uniform Common Interest Ownership Act ("DUCIOA"), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted. Delaware Uniform Common Interest Ownership Act - HOA hopb.co ? delaware-uniform-common-int... hopb.co ? delaware-uniform-common-int...

[1] WUCIOA defines Common Interest Community as ?real estate described in a declaration with respect to which a person, by virtue of the person's ownership of the unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance, or improvement of, or services or other expenses related to, ... The New Washington Uniform Common Interest Ownership Act helsell.com ? faq ? the-new-washington-unif... helsell.com ? faq ? the-new-washington-unif...

The Delaware Uniform Common Interest Ownership Act governs condominiums and community associations. Upon request, the association must provide a resale certificate that contains the following information: the association's rights to the unit. fee that are past due or due in the future. Delaware Uniform Common Interest Ownership Act - Study.com Study.com ? ... ? Delaware Real Estate Laws Study.com ? ... ? Delaware Real Estate Laws

The Delaware Uniform Common Interest Ownership Act applies to condominiums, cooperatives, planned unit communities, and timeshares. A condominium is real estate with sections identified for separate ownership (unit) and the remaining property dedicated to common elements with undivided interests by the unit owners.

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Delaware Ratification of Unit Designation by Working Interest Owners