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This form is used when a question has arisen as to the exact interest in the Leases acquired and owned by each of the Parties. The Parties to this ... The assignment of a divided or undivided lease interest, in whole or in part, may only be accomplished by compliance with the following: (1). Divided Interests.Oct 26, 2021 — Complete Summary of Actions report and send to Department of Revenue (DOR). A more detailed explanation of these tasks is contained throughout ... ... the Department. (d) If the application for assignment is approved by the Department, the Department shall prepare an assignment form for the signature of the ... Assignor hereby stipulates that, to the extent any of the Subject Leases have lease burdens in excess of 25% of 8/8ths, the amount by which such burdens exceed ... (a) When the tenant or person in possession of any premises fails or refuses to pay rent within 10 days after the rent is due under the lease or agreement under ... BASIC OIL AND GAS FORMS PROGRAM · Assignment (Undivided Interest in Producing Lease) · Assignment and Bill of Sale (To Life Tenant and Remainderman) · Assignment ... Jan 12, 1987 — stipulations and complete the leasing actions in accordance with the ... A party holding an undivided interest in a lease, for UNDIVIDED. Our editor is super easy to use and effective. Try it out now! be ready to get more. Complete this form in 5 minutes or less. An undivided interest is an ownership right to use and possess the entire property. However, no single co-owner can mortgage, sell, devise, or otherwise convey ...