§ 556.707. What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?
77 words·~1 min read·
/us/cfr/t30/s§ 556.707·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
You may not transfer different types of lease interests in a lease to different parties using the same instrument. You must submit duplicate, originally executed forms for each transfer, to a different party, of a different type of lease interest. The form used to transfer each type of lease interest must be accompanied by a cover letter executed by one of the parties to the transfer (or an authorized agent thereof) and evidence of payment via pay.gov.