Guam Term Royalty Deed that Terminates Upon Expiration of Lease

State:
Multi-State
Control #:
US-OG-046
Format:
Word; 
Rich Text
Instant download

Description

This form provides for a conveyance of royalty for a limited period of time. The interest conveyed terminates and reverts to the Grantor when the identified oil and gas lease terminates.

Guam Term Royalty Deed that Terminates Upon Expiration of Lease is a legal agreement that pertains to the termination of a lease and the associated royalties in the U.S. territory of Guam. This type of deed outlines the specific terms and conditions under which the lease will expire, and subsequently, the termination of any associated royalty payments. Keywords: Guam, Term Royalty Deed, Termination, Expiration of Lease There are several types of Guam Term Royalty Deeds that terminate upon the expiration of a lease. These can vary depending on the specific circumstances and agreements between parties involved. Some examples include: 1. Residential Property Term Royalty Deed: This type of deed relates to lease agreements for residential properties in Guam. When the lease term ends, this deed terminates the lease and any associated royalty payments. 2. Commercial Property Term Royalty Deed: This specific deed applies to lease agreements for commercial properties in Guam. When the lease period concludes, this deed terminates the lease and all related royalty obligations. 3. Land Lease Term Royalty Deed: This type of deed applies to lease agreements specifically for land in Guam. Upon the expiration of the lease, this deed terminates the lease and any royalties payable for the use of the land. 4. Industrial Property Term Royalty Deed: This deed pertains to lease agreements for industrial properties in Guam. When the lease term expires, this deed terminates the lease and any associated royalty payments. It is important to note that the specific terms and conditions of each Guam Term Royalty Deed that terminates upon the expiration of a lease can vary. Therefore, it is crucial to review and understand the terms outlined in the particular deed to ensure compliance and a smooth termination of the lease agreement. Seeking legal advice or consulting an attorney experienced in Guam real estate law is recommended to navigate the complexities of such agreements.

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This form provides for a conveyance of royalty for a limited period of time. The interest conveyed terminates and reverts to the Grantor when the identified oil ... Follow the instructions below to fill out Term Royalty Deed that Terminates Upon Expiration of Lease online quickly and easily: Sign in to your account. Log in ...This form provides for a conveyance of royalty for a limited period of time. The interest conveyed terminates and reverts to the Grantor when the identified ... Rent or royalty is simply the income received from the lease of the mineral estate. ... term for rent based upon quantity of coal or ore removed from a mine. SURRENDER OF PREMISES.​​ Upon the expiration of the term hereof, Tenant shall surrender the Premises in as good a state and condition as they were at the ... If the tenant remains in possession without the landlord's consent after expiration of the term of the rental agreement or its termination, the landlord may ... (a) The Government may purchase the equipment provided on a lease or rental basis under this contract. The Contracting Officer may exercise this option only ... Unless cancelled for lack of funds, terminated, renewed, or extended prior to expiration, this Agreement shall expire at the end of the Initial term or at the ... Oct 31, 2022 — The objective is to determine the period over which the parties have enforceable rights and obligations. Factors to consider, among others, ... ... in the lease upon the payment of a suitable royalty. §214. Use of surface of ... the expiration of the initial five-year term of the lease. No extension ...

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Guam Term Royalty Deed that Terminates Upon Expiration of Lease