Utah Partial Release of Lien on Assigned Overriding Royalty Interest

State:
Multi-State
Control #:
US-OG-406
Format:
Word; 
Rich Text
Instant download

Description

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/ Grantor's Assignee all of Lienholder's rights, claims, and liens under the Mortgage/Deed of Trust in and to an undivided overriding royalty interest.

Utah Partial Release of Lien on Assigned Overriding Royalty Interest is a legal document used to release a specific portion of a lien on an assigned overriding royalty interest in the state of Utah. This partial release can be beneficial for situations where a lien has been placed on the royalty interest and the interested party wants to release only a certain portion of the property from the lien. Keywords: Utah, Partial Release of Lien, Assigned Overriding Royalty Interest, legal document, release, specific portion, lien, property. There are no specific types of Utah Partial Release of Lien on Assigned Overriding Royalty Interest as the purpose remains the same for all cases. The document can be customized with relevant details and tailored to specific situations, but the overall objective is to release a specific portion of the lien on an assigned overriding royalty interest.

How to fill out Utah Partial Release Of Lien On Assigned Overriding Royalty Interest?

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FAQ

Removing a Lien Pay the full balance of the tax, penalty and interest. When the outstanding tax, penalty and interest have been paid, the lien will be withdrawn.

If someone believes a wrongful lien has been placed on their real property, they can ask the court for an injunction to remove or "nullify" the lien by filing a petition.

A judgment lien in Utah will remain attached to the debtor's property (even if the property changes hands) for eight years.

My Property Has a Lien ? Now What? Pay Off the Lien ? Once you determine that the lien is valid, the simplest method for removing it is to pay it off. ... Request a Release-of-Lien Form ? After paying off the balance of your debt in full, the creditor will file a release-of-lien form.

Specify the property or asset that was subject to the lien. Include details such as the address, make and model (if applicable), and any other relevant identifying information. Clearly state the reason for the lien release. This could be due to payment in full, a change in ownership, or any other applicable reason.

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More info

This form of release is used when Lienholder releases, relinquishes, and surrenders to Mortgagor/ Grantor's Assignee all of Lienholder's rights, claims, ... ... the owner of less than a fee interest, the lien granted by this chapter does not extend to the underlying fee interest, royalty interest, overriding royalty ...Commingling Agreement (Among Working Owners, Production from Different formations...) Partial Assignment of Interest in Oil and Gas Lease (Converting Overriding ... by CG Baldwin · 2003 · Cited by 4 — The Court expressly stated that an overriding royalty interest can be an interest in land if it was the intention of the parties to create such ... The fastest way to redact Partial Release of Lien on Assigned Overriding Royalty Interest online ... Complete this form in 5 minutes or less. Get form. Got ... For example, consider an assignment where the assignor conveys all oil and gas leases described on Exhibit A and reserves an overriding royalty interest equal ... Nov 3, 2016 — [23] Both of the current BLM forms include a box that can be checked to indicate that it is for an overriding royalty interest assignment. In October 1924, Hill assigned the operating rights in 440 to Utah Oil, reserving 40 and an overriding royalty. ... a "Release" of Stock's interest in the lease ... (d) Pay any royalty payments due on the overriding royalty described in ... Rocky Mountain shall not grant any royalty interest or similar interest with respect ... by JS Lowe · 1999 — oil and gas law that an overriding royalty interest is limited in duration to the life of the leasehold interest, because the overriding royalty is carved ...

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Utah Partial Release of Lien on Assigned Overriding Royalty Interest