Florida Affidavit As to Termination of Production Payment

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-171
• Format: Word; Rich Text

Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). This affidavit form is used when the Production Payment is deemed to have been satisfied and no longer burdens the Oil and Gas Leases on the Land. Florida Affidavit As to Termination of Production Payment is a legal document used in the state of Florida to terminate production payment obligations. It serves as evidence to certify that the production payment, which is a contractual right to share in the proceeds from the sale of oil, gas, or minerals, has been successfully terminated and released. This affidavit is crucial to settle any claims or disputes related to the termination of the production payment. The Florida Affidavit As to Termination of Production Payment must include specific information, such as the names and addresses of the parties involved, the effective date of the termination, and a detailed description of the production payment agreement. Keywords: Florida, Affidavit, termination, production payment, contractual right, oil, gas, minerals, claims, disputes, evidence, parties, effective date, agreement. There are no different types of Florida Affidavit As to Termination of Production Payment, as it generally follows a standard format used for terminating production payment obligations in the state of Florida. However, it is important to consult with a legal professional to ensure that the affidavit is created and executed correctly, as minor variations may exist depending on the specific circumstances of the case.

Florida Affidavit As to Termination of Production Payment is a legal document used in the state of Florida to terminate production payment obligations. It serves as evidence to certify that the production payment, which is a contractual right to share in the proceeds from the sale of oil, gas, or minerals, has been successfully terminated and released. This affidavit is crucial to settle any claims or disputes related to the termination of the production payment. The Florida Affidavit As to Termination of Production Payment must include specific information, such as the names and addresses of the parties involved, the effective date of the termination, and a detailed description of the production payment agreement. Keywords: Florida, Affidavit, termination, production payment, contractual right, oil, gas, minerals, claims, disputes, evidence, parties, effective date, agreement. There are no different types of Florida Affidavit As to Termination of Production Payment, as it generally follows a standard format used for terminating production payment obligations in the state of Florida. However, it is important to consult with a legal professional to ensure that the affidavit is created and executed correctly, as minor variations may exist depending on the specific circumstances of the case.