This form expresses the intent of the assignor in this assignment to assign and convey to assignee, subject to all the stated reservations and conditions in this assignment, all of assignor's rights, title, and interests on the Effective Date, in and to the oil and gas leases and lands that are the subject of this assignment, regardless, as to the descriptions, of the omission of any lease or leases, errors in description, any incorrect or misspelled names or any transcribed or incorrect recording references.
Washington Entire Interest Assigned
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Multi-State
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US-OG-494
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Word;
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FAQ
The Uniform Common Interest Ownership Act (UCIOA) is a comprehensive act that governs the formation, management, and termination of a common-interest community.
(10) "Common interest community" means real estate described in a declaration with respect to which a person, by virtue of the person's ownership of a unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance, or improvement of, or services or other expenses related to, common elements ...
Common Ownership Types of ?common interest community? include condominiums, planned communities and homeowners' associations and timeshares. Common interest properties are gaining in popularity as more people live in condos or use timeshares for vacations.
[1] WUCIOA defines Common Interest Community as ?real estate described in a declaration with respect to which a person, by virtue of the person's ownership of the unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance, or improvement of, or services or other expenses related to, ...
What is Tenancy-In-Common Ownership in Washington Real Estate? Tenancy-In-Common is one way for two or more persons to hold ownership together in Washington Real Estate. Each co-tenant owns an undivided interest in the entire property.
Common-interest communities are also known as common-interest developments or CIDs. CIDs are comprised of individually owned units with an undivided interest in common areas. A subdivision developer creates a CID by recording a subdivision plat and a set of legal governing documents.
In Washington, written contract disputes have a statute of limitations of six years and oral contracts have a statute of limitations of three years. These laws are part of 4.16 RCW.
