Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024
§ 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?

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.

authority: 30 U.S.C. 1701 note, 30 U.S.C. 1711,31.S.C. 9701, 42 U.S.C. 6213,43.S.C. 1331 note, 43 U.S.C. 1334,43.S.C. 1801-1802
source: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.
cite as: 30 CFR 556.707