Royalty Owner's Supplement to Purchaser's Division order or Transfer order
About this form
The Royalty Owner's Supplement to Purchaser's Division Order or Transfer Order is a legal document that modifies the terms of a division order. This form is specifically used to address provisions in a division order that may be objectionable, ensuring that it does not exceed its purpose as a mere payment direction. Unlike standard division orders, this supplement overrides any inconsistent terms found in the original document, providing additional protection for royalty interest owners.
Main sections of this form
- Identification of the purchaser or disburser issuing the division order
- Reference to the original division order, including operator's name and land description
- Clarification that any inconsistent terms of the division order are revoked by the supplement
- Instructions for payment based on ownership interests
- Exemption from costs related to oil and gas production
- Provision for continued effect until written revocation or modification
When this form is needed
This form should be used when a royalty owner needs to amend a division order, especially if they identify terms that could unfairly affect their rights or payments. It is particularly relevant if there are provisions that suggest the division order could be interpreted as more than a payment directive, or if the royalty owner merely wants to clarify their rights regarding expenses against their royalties.
Intended users of this form
- Royalty interest owners who receive payments from oil or gas production
- Landowners involved in oil and gas leases
- Professionals managing oil and gas royalties on behalf of clients
Steps to complete this form
- Provide the name and address of the purchaser or disburser issuing the division order.
- Reference the original division order, specifying the operator's name and the land involved.
- Initial the attached division order for identification purposes.
- Complete the payment direction section, stating ownership interest details.
- Sign and date the supplement to confirm the additional terms.
Notarization requirements for this form
This form usually doesn’t need to be notarized. However, local laws or specific transactions may require it. Our online notarization service, powered by Notarize, lets you complete it remotely through a secure video session, available 24/7.
Get your form ready online
Our built-in tools help you complete, sign, share, and store your documents in one place.
Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to read and understand the original division order before making amendments.
- Not initialing the attached division order for identification.
- Omitting important identifying information about the land or operator.
- Neglecting to sign and date the supplement, which could invalidate it.
Benefits of completing this form online
- Immediate access to professionally drafted legal templates.
- Easy to download and complete from anywhere.
- Editability allows for customization tailored to individual situations.
- Increased reliability by using forms created by licensed attorneys.
What to keep in mind
- The supplement ensures clarity in the terms of royalty payments.
- It does not change any existing oil and gas lease agreements.
- Use this document to address terms that may otherwise be objectionable.
