This form is used when an Assignor assigns, sells and conveys to an Assignee, all of the Assignor's rights, title, and interests in the Oil and Gas Leases and lands described in the Assignment , together with all of Assignor's rights, title, and interests in all wells located on the Lands, whether or not such interests, Leases, and Lands are accurately described.
Michigan Assignment and Bill of Sale for all Assignor's Interest in Multiple Producing Leases
Category:
State:
Multi-State
Control #:
US-OG-258
Format:
Word;
Rich Text
Instant download
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How to fill out Assignment And Bill Of Sale For All Assignor's Interest In Multiple Producing Leases?
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FAQ
Michigan Bill of Sale Requirements All bills of sale should clearly identify the seller, the buyer, the item being transferred, and all the details of the transaction, such as the price and date. Both the buyer and seller need to sign the bill of sale for it to be valid.
A Michigan general bill of sale is a document used to prove the legal sale and purchase of a personal item between two (2) private parties. It provides all necessary information about the buyer, the seller, and the property being sold. The form requires notarization.
You will need to present your bill of sale showing you paid the sales tax when you purchased the trailer. In addition, you will have to pay a license plate fee when you register your boat trailer. This fee applies regardless of whether you are required to pay the 6% use tax.
When buying a vehicle from a private seller, a bill of sale must include: full name and address of the seller(s) and buyer(s) vehicle identification number (VIN) make, model/series, style, colour and year of the vehicle. cost of the vehicle. signature from both the buyer(s) and seller(s)
While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper. What's most important is to include all of the pertinent details in the bill of sale in order to protect both parties.
The assignor normally remains liable unless there is an agreement to the contrary by the other party to the contract. The effect of a valid assignment is to remove privity between the assignor and the obligor and create privity between the obligor and the assignee.