What Is the AAPL Form 640 Used For?
The AAPL Form 640 is used to formally assign an oil and gas lease in Oklahoma from one party to another. It is the standard form adopted by the American Association of Professional Landmen. When an assignor transfers their interest in a leased parcel to an assignee, this form records the legal transfer of rights, titles, personal property on the land, and all related obligations. The assignment is binding once signed and notarized.
What Information Do You Need to Fill Out the AAPL Form 640?
Before completing the form, gather the following items:
- Full legal name and mailing address of the assignor
- Full legal name and mailing address of the assignee
- Original lessor name and lease execution date
- Recording book and page number for the original lease
- Legal description of the land (section, township, range)
- County in Oklahoma where the leased land is located
- Stated consideration amount for the assignment
How Do You Complete the AAPL Form 640 Step by Step?
- Identify the parties. Enter the full legal names of the assignor and assignee in the fields at the top of the form.
- Describe the original lease. Fill in the original lessor name, lease date, and recording details including the book and page number.
- Enter the land description. Provide the legal description of each parcel covered, including section, township, and range.
- State the consideration. Record the amount paid for the assignment. Oklahoma commonly uses a nominal sum such as one dollar plus other valuable consideration.
- Confirm the assignor warranty. The assignor certifies good title, that the lease is in full force, and that all rentals and royalties are current.
- Sign before a notary. Both parties or their authorized representatives must sign in front of a notary public.
- File with the county clerk. Submit the completed and notarized form to the county clerk in the county where the oil and gas lease is located.
For other property and lease documents you may need alongside the AAPL Form 640, explore the Oklahoma Lease Agreement or the Assignment of Benefits form on FormsPal.
