Indiana Assignment of All of Assignor's Interests in Producing Properties

State:
Multi-State
Control #:
US-OG-275
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Assignor assigns, sells, and conveys to Assignee, all of Assignor's interests in all of the Oil and Gas Leases and any renewals, extensions, or ratifications of the Leases, and the lands covered by the Lease. The interests include leasehold or working interests and overriding royalty interests in the Leases.

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FAQ

Every judgment and decree of any court of record of the United States, of Indiana, or of any other state shall be considered satisfied after the expiration of twenty (20) years.

Indiana is not a community property state, so the general rule is one spouse not liable for the other spouse's separate debt, with the exception of medical debt.

If your spouse is assigned a joint debt or a debt in your name and does not pay, the creditor can still come back after you directly. Even if your divorce decree orders your ex-spouse to pay a debt, you may still be sued by a creditor if your name is on the debt.

Usually, a person is responsible only for his or her own debts. So if you did not sign the contract or loan agreement for your spouse's debt, you usually would not have to pay that debt....

Most of the time, you are not responsible for paying your spouse's credit card debt. This is true even if you are an authorized user on a credit card. The only instances where you may be obligated to pay is if you are a joint account holder or if you live in a community property state.

If the married couple or joint owners of a property do not have a tenancy by the entireties title, any lien can attach to the person's interest in the property. Whether it's judgment or confessed judgment, the lien will attach to the homeowner's interest, making the lienor a co-owner of the property.

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Indiana Assignment of All of Assignor's Interests in Producing Properties