Change of Ownership
Please find a list of the most common situations that result in either change of ownership or change to the owner status, and the document(s) required to effect the change (may be some differences in the requirements, due to laws in particular jurisdictions). All changes must be submitted in writing and mailed to:
BKV Corporation
Attn: LAND
1200 17th Street Ste. 2100
Denver, CO 80202
(833) BKV-LAND
All Payees are required to provide a completed and signed Federal Form W-9 (Request for Taxpayer Identification Number and Certification) or the equivalent Form W-9 for non-U.S. persons. Without these forms, Federal Law requires BKV to deduct withholding tax from all payments at the statutory rate.
Please note that this is not an exhaustive list. If you have a unique situation, please contact us at 1-833-BKV-LAND or BKVLAND@bkvoperating.com.
Common Situations |
A copy of the following document is required |
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Ownership Changes Due to Divorce |
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Complete Divorce Decree including Settlement Agreement or recorded conveyance (if appropriate) |
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Estate Proceedings |
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Owner died with a Will (testate) Probate proceedings conducted in the state where the property is located |
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Owner died with a Will (testate) Probate proceedings conducted in state other than where the property is located |
All documents listed above, plus
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Owner died without a Will (intestate) Laws of Descent and Distribution will apply as relevant |
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Trusts/Partnerships |
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Ownership by Trusts/Partnerships |
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Distribution from Trusts/Partnerships |
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Change in Trustee |
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Joint Tenancy and One Dies |
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Bankruptcies |
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Chapter 7 |
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Chapter 11 |
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