Aapl Form 640 – Fill Out and Use This PDF

Aapl Form 640 PDF Details

The AAPL Form 640, also called the Assignment of Oil and Gas Leases Oklahoma Form, transfers rights, interests, and titles in oil and gas leases from one party to another. The form is published by the American Association of Professional Landmen (AAPL) and is the standard instrument for lease assignments in Oklahoma.

Key provisions covered by the form include:

• Party identification. The form requires the full legal names and addresses of both the assignor (the party transferring the lease) and the assignee (the party receiving it).
• Lease description. It identifies the original lease, including the lessor name, execution date, recording book and page number, and the county of the leased land.
• Land description. The specific parcels covered by the assignment are described using legal land descriptions, including section, township, and range details.
• Consideration. The form records the sum paid for the assignment, which in Oklahoma is often stated as one dollar plus other valuable consideration.
• Assignor warranty. The assignor certifies lawful ownership, freedom from liens or encumbrances, and that all rentals, royalties, and conditions under the original lease have been met.
• Notarization. The document must be executed before a notary public to be legally valid and recordable with the county clerk.

After completing the AAPL Form 640, file it with the county clerk in the Oklahoma county where the leased land is located. If you need a related form, see the Oklahoma Lease Application or the Assignment of Mortgage form.