Maine Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation

State:
Multi-State
Control #:
US-OG-099
Format:
Word; 
Rich Text
Instant download

Description

If an operator elects to abandon wells, a landowner may want to take the wells over, to continue to produce them, or convert them to some other use. This form provides for a transfer of the equipment in exchange for the assumption of the obligation to plug the well(s).

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How to fill out Bill Of Sale For Equipment In Consideration Of Buyer Assuming Plugging Obligation?

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FAQ

Vehicles that are 25 model years and newer are required to have a title in the State of Maine (1998 model year and newer). As of October 25, 2023, vehicles that are 1997 model year and older are title exempt. As of January 1, 2024, vehicles that are 1998 model year and older are title exempt.

Maine Motor Vehicle Title Instructions The correct location for the seller to sign is marked "OF SELLER(s). Please do not sign in any other location. Maine Vehicle Titles must be notarized.

Finalize Transferring Your Vehicle Title with Maine BMV A vehicle title application or manufacturers certificate of origin (form MVT-2) Bill of sale. Proof of a release of lien (if applicable) An odometer disclosure statement. Proof of a valid ME vehicle insurance policy. Payment for the title transfer fee: $33.

Hear this out loud PauseAnyone can create and present a bill of sale, however bills of sale in Maine require a notary to witness the signatures. In general, a bill of sale is not a complicated legal document. You can use online services to create a perfectly usable bill of sale or draft one yourself.

Hear this out loud PauseAn equipment bill of material (EBOM) lists all of the components of an asset, including its assemblies and subassemblies. With a reliable equipment bill of materials, a planner can determine exactly what parts are needed.

Documents needed: Signed bill of sale (bill of sale template) Title, if the vehicle is model year 1995 or newer, signed over the title to new owner from the previous owner(s) Evidence of insurance (ID card, policy or binder)

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Maine Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation