Lessor's Notice of Election to Take Royalty in Kind

 Lessor's Notice of Election to Take Royalty in Kind
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State:
Multi-State
Control #:
US-OG-105
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Available formats: Word | Rich Text

Description

Many forms of oil and gas leases allow the lessor to take the royalty share of oil (and sometimes gas) in kind. This form is a notice by a lessor, to be delivered to a lessee, of the lessor's intent to exercise that right under the terms of a lease, and take the lessor's share of royalty production in kind.

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