New Mexico Waiver of Preferential Right to Purchase
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How to fill out Waiver Of Preferential Right To Purchase?
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FAQ
Preferential Right means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with the execution or delivery of this Agreement or the consummation of the transactions contemplated hereby. Preferential Right Definition: 130 Samples - Law Insider lawinsider.com ? dictionary ? preferential-ri... lawinsider.com ? dictionary ? preferential-ri...
1. n. [Oil and Gas Business] The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party.
To transfer any rights to minerals successfully, follow these steps: The new owner has to acquire a copy of the deed for the site at a local courthouse in New Mexico. Review the deed to ensure it matches the description and to ensure that the so-called rights to any minerals are included in the property deed.
