This form of release is used when Lessor releases, relinquishes, and quit claims to the present owners of the Lease all of a Production Payment interest. From and after the Effective Date, the Production Payment interest in the Lease is deemed to have terminated and is no longer a burden on the leasehold estate created by the Lease.
Michigan Release of Production Payment by Lessor
Category:
State:
Multi-State
Control #:
US-OG-400
Format:
Word;
Rich Text
Instant download
Description
How to fill out Release Of Production Payment By Lessor?
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