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 Stipulation and Assignment desire to establish for the record and stipulate among themselves each of their respective interests in the Leases acquired by them in the Assignment.
Virginia Stipulation and Assignment of Undivided Interest in Leases
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US-OG-272
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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 ... No project shall be deemed a condominium within the meaning of this chapter unless the undivided interests in the common elements are vested in the unit owners.by RE Sullivan · 1955 · Cited by 10 — the lease; he can transfer his entire interest and reserve an undivided inter- est or a fractional interest payable only out of production; or he can grant. to assign and relinquish the lease. Overriding royalty and operating rights are severable from record title interests. (d) Operating right (working interest) ... ownership is stipulated herein; b) A like undivided interest in or to all improvements, easements, surface leases, permits, rights-of-way, licenses ... BASIC OIL AND GAS FORMS PROGRAM · Assignment (Undivided Interest in Producing Lease) · Assignment and Bill of Sale (To Life Tenant and Remainderman) · Assignment ... 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. On November 30, 1964, the assignments of the leasehold interests were executed by ... Virginia an undivided six forty-eighths interest in the oil and gas leases. 1. Each Assignor certifies it is the owner of the interest in the above-described lease that is hereby assigned to the Assignee(s) specified above ... ... the peculiar fact made by appellee the cornerstone of his argument. In neither of them was there a transfer of an undivided interest in a leasehold estate.