District of Columbia Agreement that Statement of Account is True, Correct and Settled

State:
Multi-State
Control #:
US-1107BG
Format:
Word; 
Rich Text
Instant download

Description

A mineral lease is an agreement between a property owner and another party who is allowed to explore and extract minerals that are found on the property for a stated time. The property owner receives payments based on the value of the minerals that are extracted. In other words, a mineral lease is a right given to use land for the purpose of exploration for a particular period of time or indefinitely upon payment of royalties to the landowner.

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FAQ

You can record a UCC or Uniform Commercial Code filing at the local Secretary of State's office in your state. In the District of Columbia, ensure your filing aligns with the District of Columbia Agreement that Statement of Account is True, Correct and Settled. This process is vital for establishing secured interests in assets. Always verify that your documents are complete to avoid any delays.

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District of Columbia Agreement that Statement of Account is True, Correct and Settled