New Mexico Entire Interest Assigned

State:
Multi-State
Control #:
US-OG-494
Format:
Word; 
Rich Text
Instant download

Description

This form expresses the intent of the assignor in this assignment to assign and convey to assignee, subject to all the stated reservations and conditions in this assignment, all of assignor's rights, title, and interests on the Effective Date, in and to the oil and gas leases and lands that are the subject of this assignment, regardless, as to the descriptions, of the omission of any lease or leases, errors in description, any incorrect or misspelled names or any transcribed or incorrect recording references.

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FAQ

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

Generically the answer is "no;" courts will enforce a statute instead of a conflicting contract. However, many statutes either explicitly or implicitly allow contracts to override them in at least some situations.

Suing the Government Fraud4 years (NMS § 37-1-4)Libel or Slander3 years (NMS § 37-1-8)Injury to Person3 years (NMS § 37-1-8)If against the government, 2 years plus a 90-day tort claim notice from the date of accident if against the government (NMS §§ 37-1-24)Injury to Personal Property4 years (NMS § 37-1-4)7 more rows ?

Probate can be filed any time between 5 days and 3 years after the decedent's death. Note: A probate case may be filed after the 3 year period for the limited purpose of transferring title to real property from the decedent's name to the decedent's heirs.

If the property is in New Mexico and the owner dies without leaving a will, one-fourth of the property passes to the surviving spouse and three-fourths to the children.

The statute of limitations depends on the classification of the crime. If a first degree felony, no statute of limitations; or 1. If a second degree felony, within six years after commission of the offense; or 2. If a third or fourth degree felony, within five years after commission of the offense.

The majority of contracts need include only two things to be legally enforceable: All the parties involved must agree, once an offer has been extended by one party and subsequently accepted by the other party.

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New Mexico Entire Interest Assigned