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US Legal Forms
Localized Forms
Tennessee
Nashville
Division Order

Nashville Tennessee Division Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

City:

Nashville

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

Can I negotiate the terms of a Division Order?

Yes, you can discuss the terms with the company, especially if you feel that the initial offer doesn't sit right with you.

What happens if I don’t sign a Division Order?

If you don't sign one, the company may withhold payments because they need your agreement on how profits are divided.

Is a Division Order a one-time thing?

Not exactly; if ownership changes or new wells are added, you might need to sign a new Division Order.

How do I go about getting a Division Order in Nashville?

You should reach out to the oil or gas company that handles the production; they’ll guide you through the process.

Why is a Division Order important?

It ensures that everyone gets their fair share of the profits and helps avoid any misunderstandings down the road.

Who needs to sign a Division Order?

Typically, anyone who has an ownership interest in the oil or gas production, including landowners and royalty holders, needs to sign a Division Order.