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Get the free Royalty Owner Change of Address Form - Oildex

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Devon Energy Corporation 333 West Sheridan Ave. Oklahoma City, OK 73102-5015 (405) 228-4800 Phone www.devonenergy.com Royalty Owner Change of Address Form Devon Business Associate number: Account
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How to fill out royalty owner change of

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How to fill out royalty owner change of:

01
Obtain the necessary forms: Start by acquiring the appropriate royalty owner change of form from the relevant authority or organization, such as the oil and gas company or mineral rights agency.
02
Provide personal information: Fill in your personal details, including your name, address, phone number, and email address. Ensure that all information is accurate and up to date.
03
Identify the current royalty owner: Clearly state the name of the current royalty owner and provide any additional identifying information, such as account numbers or legal descriptions of the property.
04
Specify the new royalty owner: Indicate the full name and contact details of the individual or entity who will be the new owner of the royalty interests. Include any necessary documentation, such as a copy of the purchase agreement or court order if applicable.
05
Outline the terms of the change: Detail the effective date of the royalty owner change, along with any specific terms or conditions associated with the transfer. This may involve the division of royalties, assignment of rights, or any other relevant provisions.
06
Sign and date the form: Ensure that both the current and new royalty owners sign and date the form in the designated spaces. This acknowledges their agreement to the change and certifies the accuracy of the information provided.
07
Submit the form: Once the form is completed, double-check for any errors or missing information. Make copies for your records, and submit the original form to the appropriate authority or organization as instructed.

Who needs royalty owner change of:

01
Individuals purchasing or selling royalty interests: Those who are buying or selling royalty interests in oil, gas, minerals, or other resources may need to complete a royalty owner change of form. This ensures that the transfer of ownership is properly documented and recorded.
02
Inherited or gifted royalty interests: If you have acquired royalty interests through inheritance or as a gift, it may be necessary to fill out a change of owner form. This helps establish your legal ownership and prevents any disputes or confusion in the future.
03
Companies or organizations involved in mergers or acquisitions: When businesses merge or undergo acquisitions, there may be a need to transfer ownership of royalty interests. Completing a royalty owner change of form ensures that the new entity becomes the rightful owner of the royalties.
In summary, filling out a royalty owner change of form requires obtaining the correct documents, providing accurate personal information, identifying the current and new owners, outlining the terms of the change, signing and dating the form, and submitting it to the relevant authority. This process is necessary for individuals buying or selling royalty interests, those inheriting or receiving them as gifts, as well as companies or organizations involved in mergers or acquisitions.
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Royalty owner change of is a process that deals with changing the ownership of royalties from one individual or entity to another.
The party responsible for filing royalty owner change of is the current owner of the royalties, typically the individual or entity transferring ownership.
To fill out royalty owner change of, you will need to provide relevant information regarding the current and new owner, such as names, addresses, and other required details. This form is usually provided by the appropriate authority or agency handling the transfer of royalties.
The purpose of royalty owner change of is to officially document and record the change in ownership of royalties, ensuring that the appropriate parties are recognized and informed about the transfer.
The specific information required to be reported on royalty owner change of may vary depending on the jurisdiction and organization involved. However, common details include the names and contact information of the current and new owners, the effective date of the change, details of the royalties being transferred, and any supporting documents as required.
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