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US Legal Forms
Localized Forms
Minnesota
Saint Paul
Division Order

Saint Paul Minnesota Division Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

City:

Saint Paul

Control #:

US-OG-068

Format:

Word;

Rich Text

Instant download

Buy now

Description

This is the model form which many companies now use.

Free preview

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Interesting Questions

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

If you choose not to sign, you may not receive your share of the proceeds. It's a bit like missing the boat—make sure you're on board to benefit!

Can I change my Division Order after signing it?

If you need to make changes, you'll likely have to go through the company to update it. Just remember, it’s not as simple as flipping a switch.

Is a Division Order legally binding?

Yes, once you sign it, a Division Order becomes legally binding. It's important to read the fine print before you put your signature down.

What should I look for in a Division Order?

Make sure to check that your name and details are correct, and that you clearly understand how the profits are split up. Don't hesitate to ask questions if something seems off.

How do I get a Division Order for my property?

You usually receive a Division Order from the company or operator producing the oil or gas. If you're not getting one, just reach out to them and ask!

Who needs a Division Order?

If you're a landowner or a mineral rights owner, you'll want a Division Order to understand your share of the proceeds from any oil or gas production on your property.