If applying for a Transfer of Ownership or Transfer of Ownership and Location (from the liquor license owner’s location to the Applicant’s location), an Instrument of Conveyance (Bill of Sale, Assignment, Lease, etc.), proof of Tenancy (lease or deed) and a tax clearance from the Department of Taxation & Revenue are required. Upper Net Profits Royalty Interest shall mean that portion of the Net Profits Royalty Interest not conveyed to The Standard Oil Company by that certain Instrument of Conveyance and Assignment by and between BP Alaska Inc. Upper Lower Net Profits Royalty Interest shall mean that portion of the Net Profits Royalty Interest conveyed to The Standard Oil Company by that certain Instrument of Conveyance and Assignment by and between BP Alaska Inc. When all other requirements of this Ordinance have been satisfied and approved, the Owner shall prepare and submit to the Department an Instrument of Conveyance, conveying the constructed system to the County, at no cost to the County, and the system shall thereafter be owned, operated and maintained by the County as provided for in this Ordinance. Instrument of Conveyance (Bill of Sale, Assignment, Lease, etc.), in the name of Applicant. The focus is on implementing a process rather than accomplishing a specific result.Īpplicants may obtain this documentation at any field office, or call (505) 827-0700.2. The transaction will close through escrow as described above in General Terms of Sale, Paragraph 16, Tender of Payment and Delivery of Instrument of Conveyance. The “Closing Date” is defined in the Tender of Payment and Delivery of Instrument of Conveyance Section of the General Terms of Sale portion of this IFB. For purposes of New York and New Jersey State ethics rules, please take notice that this website and its case reviews may constitute attorney advertising.Examples of Instrument of Conveyance in a sentence Before making any decision or accepting any legal advice, you should have a proper legal consultation with a licensed attorney with whom you have an attorney-client privilege. It is not a substitute for professional legal assistance. All information available on our site is available on an "AS-IS" basis. It is possible that the law may not apply to you and may have changed from the time a post was made. The law is also subject to change from time to time and legal statutes and regulations vary between states. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. Legal Disclaimer: The content appearing on our website is for general information purposes only. Conveyance includes every instrument in writing by which any estate or interest in real estate is created, aliened, mortgaged, or assigned, or by which the title to amy real estate may be affected in law or equity, except last wills and testaments, leases for a term not exceeding three years, and executory contracts for the sale or purchase of lands. An instrument in writing under seal, (anciently termed an “assurance,”) by which some estate or interest in lands Is transferred from one person to another such as a deed, mortgage, etc. The transfer of the title of land from one person or class of persons to another. Law Dictionary – Alternative Legal Definition The expense of the execution of the conveyance is, on the contrary, always borne by the vendor. When there is no express agreement to the contrary, the expense of the conveyance falls upon the purchaser who must prepare and tender the conveyance but see contra, 2 Rand. The whole of a conveyance, when it consists of different parts or instruments, must be taken together, and the several parts of it relate back to the principal part. The instrument which conveys the property is also called a conveyance. By the term persons is here understood not only natural persons but corporations. The transfer of the title to land by one or more persons to another or others.
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