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US Legal Forms
Localized Forms
Oregon
Portland
Division Order

Portland Oregon Division Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

City:

Portland

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

What should I do if I lose my Division Order?

If you lose your Division Order, don’t sweat it! Contact the company involved, and they can usually send you a new copy without much hassle.

How often are Division Orders updated?

Division Orders can change if ownership of the land changes or if there are new deals struck. It’s a good idea to keep an ear to the ground for any updates!

Is a Division Order the same as a lease?

Not quite! A lease is like renting the land for a certain time, while a Division Order deals with how revenue is shared. They’re two different pieces of the puzzle.

What if I don’t agree with the Division Order?

If you don't agree, it's wise to chat with the company or seek legal advice. Don't be shy! Getting your ducks in a row can clear things up quickly.

How do I get a Division Order?

To get a Division Order, you typically reach out to the company producing the minerals. They'll guide you on what info they need from you, so it’s smooth sailing!

Why do I need a Division Order?

You need a Division Order to clarify how profits from resources like oil or gas are split. It helps avoid any squabbles and keeps everything above board.