Partial Release of Lien on Assigned Overriding Royalty Interest: Fill out & sign online

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact Partial Release of Lien on Assigned Overriding Royalty Interest online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for modifying your forms online. Follow this simple instruction to edit Partial Release of Lien on Assigned Overriding Royalty Interest in PDF format online for free:

Register and log in. Register for a free account, set a secure password, and proceed with email verification to start working on your templates.
Upload a document. Click on New Document and choose the form importing option: upload Partial Release of Lien on Assigned Overriding Royalty Interest from your device, the cloud, or a protected link.
Make changes to the sample. Use the top and left-side panel tools to modify Partial Release of Lien on Assigned Overriding Royalty Interest. Add and customize text, pictures, and fillable fields, whiteout unnecessary details, highlight the significant ones, and comment on your updates.
Get your paperwork done. Send the form to other people via email, generate a link for faster document sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail added.

Try all the advantages of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

Is an Orri real property?

The holders of the term ORRI interests moved for summary judgment on the characterization issue, arguing that as a matter of Louisiana state law, a term ORRI is an absolute conveyance of a real property interest.

What does overriding royalty mean?

Legal Definition of overriding royalty : an interest in and royalty on the oil, gas, or minerals extracted from anothers land that is carved out of the producers working interest and is not tied to production costs compare royalty.

What does overriding royalty interest mean?

Overriding Royalty Interest (ORRI) a percentage share of production, or the value derived from production, which is free of all costs of drilling and producing, and is created by the lessee or working interest owner and paid by the lessee or working interest owner.

How is Orri taxed?

ORRI obtained as a means of raising capital would be taxed in the same manner royalty interests are taxed. The royalty payments would be taxed as ordinary income, subject to the passive activity rules; and, if held for one year or more, the sale or disposition of these interests would be taxed as capital gain or loss.

Is an overriding royalty interest real property?

The Bankruptcy Code defines a production payment as a type of term overriding royalty or an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or

Related forms

be ready to get more