Assign your rights and title to petroleum and natural gas surface leases with this template legal form for the Province of Alberta.
In addition to transferring and assigning all of its interest in the leases, the assignor agrees to indemnify the assignee against any claims arising by or through the assignor with respect to the leases.
The assignor warrants that all rents and other payments have been made and that no notice of default has been received with respect to any of the interest conveyed.
The assignee agrees to indemnify the assignor against payment of rents and the performance of any obligations that may be due with respect to the leases.
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Prepare an Assumption of Trustee Obligations under Declaration of Trust with this downloadable template for Alberta properties.
The Assumption is part of an assignment of oil and gas interests.
The assignee agrees to assume the assignor's obligations as trustee under a Declaration of Trust, under which the assignor held the working interest in certain oil and gas properties in trust for one or more beneficiaries.
The file includes a Consent of Beneficiary form.
This Alberta Assumption of Trustee Obligations under Declaration of Trust is available as a fully editable template which can be easily customized to fit your needs.