GroundRules
← Search the law
Federal regulations · Through 2026-08-25 · Newer source version available

30 CFR 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?

Read at publisher ↗
Where this section sits in the code
  1. Title 30—Mineral Resources
  2. CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
  3. SUBCHAPTER B—OFFSHORE
  4. PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
  5. Subpart G—Transferring All or Part of the Record Title Interest in a Lease

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.

Collected 2026-08-27T02:25:24Z. Source file · JSON

Browse this collection