Nevada Release of Production Payment by Lessor

State:
Multi-State
Control #:
US-OG-400
Format:
Word; 
Rich Text
Instant download

Description

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.

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Nevada Release of Production Payment by Lessor