Texas Affidavit As to Receipt of Rental / Shut-In Payment by Lessor

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-189
• 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 is for the purpose of recognizing receipt of a rental or royalty payment and deem the Lease to be in force and effect as a result of that payment. The Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor is a legal document used in the state of Texas to acknowledge the receipt of rental or shut-in payment by a lessor. Whether you are a property owner, landlord, or lessor, it is crucial to ensure that this receipt is properly documented to establish a clear record of the payment received. This affidavit serves as an official proof that the lessor has received the payment mentioned in the document and eliminates any potential disputes regarding the payment. It reinforces the legal relationship between the lessor and lessee and serves as an important piece of evidence in case of any future conflicts. The Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor is typically used in the following situations: 1. Standard Rental Payment Receipt: This document is used when a lessee/tenant makes regular rental payments to the lessor/landlord. It records the specific amount paid, the date of payment, and any other relevant details pertaining to the rental agreement. Keywords: Texas Affidavit, Receipt of Rental Payment, Lessor, Lessee, Landlord, Tenant, Rental Agreement. 2. Shut-In Payment Receipt: This affidavit is used when a lessee is unable to produce oil, gas, or mineral resources from a property due to certain circumstances, and as per the agreement, a shut-in payment is offered to the lessor. It acknowledges the receipt of the shut-in payment and documents the details such as payment amount, effective period, and any additional terms related to the shut-in provision. Keywords: Texas Affidavit, Shut-In Payment, Lessor, Lessee, Oil and Gas Lease, Mineral Resources, Compensation. It's important to note that these keywords provide a general insight into the different types of Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor. However, the specific language and format may vary depending on the legal requirements, lease agreements, and industry practices. When preparing or reviewing such affidavits, it is highly recommended consulting with a qualified attorney familiar with Texas laws and regulations to ensure compliance and accuracy.

The Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor is a legal document used in the state of Texas to acknowledge the receipt of rental or shut-in payment by a lessor. Whether you are a property owner, landlord, or lessor, it is crucial to ensure that this receipt is properly documented to establish a clear record of the payment received. This affidavit serves as an official proof that the lessor has received the payment mentioned in the document and eliminates any potential disputes regarding the payment. It reinforces the legal relationship between the lessor and lessee and serves as an important piece of evidence in case of any future conflicts. The Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor is typically used in the following situations: 1. Standard Rental Payment Receipt: This document is used when a lessee/tenant makes regular rental payments to the lessor/landlord. It records the specific amount paid, the date of payment, and any other relevant details pertaining to the rental agreement. Keywords: Texas Affidavit, Receipt of Rental Payment, Lessor, Lessee, Landlord, Tenant, Rental Agreement. 2. Shut-In Payment Receipt: This affidavit is used when a lessee is unable to produce oil, gas, or mineral resources from a property due to certain circumstances, and as per the agreement, a shut-in payment is offered to the lessor. It acknowledges the receipt of the shut-in payment and documents the details such as payment amount, effective period, and any additional terms related to the shut-in provision. Keywords: Texas Affidavit, Shut-In Payment, Lessor, Lessee, Oil and Gas Lease, Mineral Resources, Compensation. It's important to note that these keywords provide a general insight into the different types of Texas Affidavit As to Receipt of Rental/Shut-In Payment by Lessor. However, the specific language and format may vary depending on the legal requirements, lease agreements, and industry practices. When preparing or reviewing such affidavits, it is highly recommended consulting with a qualified attorney familiar with Texas laws and regulations to ensure compliance and accuracy.