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US Legal Forms
Localized Forms
Texas
Austin
Division Order

Austin Texas Division Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

City:

Austin

Control #:

US-OG-068

Format:

Word;

Rich Text

Instant download

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Description

This is the model form which many companies now use.

Free preview

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Interesting Questions

Is there a deadline for signing a division order?

Yes, there’s often a timeline for getting it signed and returned. It’s a good idea to check with the oil company to avoid any hiccups down the line.

Can I change the information on a division order after I’ve signed it?

Yes, but you’ll need to notify the company and usually provide the correct documents. It’s always better to be clear than to have a misunderstanding later.

What happens if I don’t sign the division order?

If you don’t sign, you might not receive your share of the profits. It’s like saying no to the winning lottery ticket—you won't get anything if you don’t play!

How can I dispute a division order if I think it’s wrong?

If you believe there’s an error, get in touch with the oil company right away. It’s best to bring your paperwork and have a clear conversation; after all, the squeaky wheel gets the grease!

What should I look for in a division order?

You should check the percentages of your share, review the legal descriptions, and ensure your name and details are correct. You don't want to miss anything crucial!

Why do I need to sign a division order?

Signing a division order ensures that you get your fair share of the profits. It’s a way to make sure that the oil and gas company knows where to send your checks.