A Wyoming Assignment of Seller's Interest in Security Agreement is a legal document that allows a seller to transfer their rights and interest in a security agreement to another party. This transfer of rights ensures that the new party, usually a lender or financier, obtains all the existing benefits and obligations associated with the security agreement. In Wyoming, there can be different types of Assignments of Seller's Interest in Security Agreement, including: 1. Absolute Assignment: An absolute assignment involves the complete transfer of the seller's interest in the security agreement to the assignee. The assignee assumes all rights, title, and interest in the agreement and becomes responsible for enforcing and collecting any proceeds from it. 2. Collateral Assignment: In a collateral assignment, the seller transfers only a portion of their interest in the security agreement. This partial assignment allows the seller to retain some rights and benefits while granting the assignee the rights to specific collateral or assets mentioned in the agreement. 3. Floating Assignment: A floating assignment is applicable when the seller grants the assignee the right to the proceeds from any future sales, without specifying the collateral or assets individually. This type of assignment allows for flexibility, as the assignee can claim proceeds from any assets that would meet the security agreement's criteria. 4. Equitable Assignment: An equitable assignment refers to the transfer of the seller's interest in the security agreement without complying with the formalities required for a legal assignment. Although not as legally enforceable as other types, equitable assignments can still be recognized, especially in cases where the seller demonstrates an intention to transfer their rights. In a Wyoming Assignment of Seller's Interest in Security Agreement, the document typically includes essential information such as the names and addresses of the seller and assignee, a detailed description of the security agreement, the specific rights being transferred, and any conditions or limitations that apply. It is crucial to draft this document accurately and effectively to ensure the enforceability and validity of the assignment. Legal advice from an attorney is highly recommended ensuring compliance with Wyoming state laws and regulations.
Wyoming Assignment of Seller's Interest in Security Agreement
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The lives selected to govern the time of vesting must not be so numerous nor so situated that evidence of their deaths is likely to be unreasonably difficult to obtain. It is intended by this subsection to make effective in this state the American common-law rule against perpetuities for interests in real property. Wyoming Statutes § 34-1-139 (2022) - Perpetuities; Time Limits for Vesting justia.com ? article-1 ? section-34-1-139 justia.com ? article-1 ? section-34-1-139
Wyoming Stat. Ann. § 34-1-152 ?The ownership of all pore space in all strata below the surface lands and waters of this state is . . . vested in the several owners of the surface above the strata.? Defining Pore Space Ownership and Related Issues: A Summary psu.edu ? wp-content ? uploads ? 2022/12 psu.edu ? wp-content ? uploads ? 2022/12
(a) When a deed, contract or other document transferring legal or equitable title to real property, including instruments conveying ownership of structures on lands not owned by the transferring party, is presented to a county clerk for recording, the instrument shall be accompanied by a statement under oath by the ... Wyoming Statutes § 34-1-142 (2022) - Instrument Transferring Title to ... justia.com ? article-1 ? section-34-1-142 justia.com ? article-1 ? section-34-1-142
(a) An affidavit stating facts relating to matters which may affect the title to real estate in this state, made by any person having knowledge of the facts and competent to testify concerning them in open court, may be recorded in the office of the county clerk in the county in which the real estate is situated. Wyoming Statutes § 34-11-101 (2022) - Recorded Affidavit as ... justia.com ? chapter-11 ? section-34-11-101 justia.com ? chapter-11 ? section-34-11-101
(e) No person shall operate a vehicle in any manner with an expired or improper registration, permit, decal or any other department approved registration upon any highway or other publicly maintained roadway in this state. Disclaimer: These codes may not be the most recent version.
23-1-101. Definitions of wildlife. (B) Until the date gray wolves are removed from the list of experimental nonessential population, endangered species or threatened species in Wyoming as provided by W.S. 23-1-108, "predatory animal" includes wolves.
Causes of action that survive. In addition to the causes of action which survive at common law, causes of action for mesne profits, injuries to the person, an injury to real or personal estate, or any deceit or fraud also survive.
Section 34-1-152 - Ownership of Pore Space Underlying Surfaces. 34-1-152. Ownership of pore space underlying surfaces. (a) The ownership of all pore space in all strata below the surface lands and waters of this state is declared to be vested in the several owners of the surface above the strata.