Collin Texas Agreement that Statement of Account is True, Correct and Settled

• Category: Contracts - Creditors
• State: Multi-State
• County: Collin
• Control #: US-1107BG
• Format: Word; Rich Text

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. Collin Texas Agreement refers to a legal document that affirms the accurate and resolved nature of a Statement of Account. This agreement is commonly used in Collin County, Texas, and serves to confirm that the financial records stated in the attached statement are truthful, accurate, and have been fully settled. The purpose of the Collin Texas Agreement is to ensure transparency and clarity in financial transactions between parties. By signing this agreement, both parties involved acknowledge that the provided Statement of Account is truthful and complete, leaving no room for disputes or confusion. To draft a Collin Texas Agreement that Statement of Account is True, Correct, and Settled, certain essential elements must be included. These may vary depending on the specific nature of the agreement, but generally, it should contain: 1. Parties' Information: The full legal names and contact details of all parties involved, including any relevant company names or affiliations. 2. Background: A brief introduction explaining the purpose of the agreement, highlighting the intent to confirm the accuracy and settlement of the mentioned Statement of Account. 3. Date and Statement of Account: Clearly state the date on which the Statement of Account was issued, and attach the document to the agreement. Ensure it includes detailed financial information, such as transaction dates, amounts, and descriptions, to provide a comprehensive overview. 4. Confirmation of Accuracy: Include a clause where both parties declare that the information stated in the Statement of Account is true, correct, and accurately represents the financial transactions between them. 5. Now Pending Obligations: Ensure that the agreement confirms that all financial obligations and liabilities mentioned in the attached Statement of Account have been fully settled and that no outstanding payments or disputes exist. 6. Governing Law and Jurisdiction: Specify that the agreement will be governed by the laws of Collin County, Texas, and designate the appropriate jurisdiction for any legal proceedings that may arise from the agreement. It is important to note that while the described elements are common, the agreement's details may vary based on specific requirements or circumstances, particularly if the parties have additional clauses or terms to include. In summary, a Collin Texas Agreement that confirms a Statement of Account is True, Correct, and Settled is a legally binding document that ensures the accuracy and finality of financial records. It provides a sense of security and trust between parties by declaring that all mentioned transactions have been fully resolved, leaving no outstanding obligations.

Collin Texas Agreement refers to a legal document that affirms the accurate and resolved nature of a Statement of Account. This agreement is commonly used in Collin County, Texas, and serves to confirm that the financial records stated in the attached statement are truthful, accurate, and have been fully settled. The purpose of the Collin Texas Agreement is to ensure transparency and clarity in financial transactions between parties. By signing this agreement, both parties involved acknowledge that the provided Statement of Account is truthful and complete, leaving no room for disputes or confusion. To draft a Collin Texas Agreement that Statement of Account is True, Correct, and Settled, certain essential elements must be included. These may vary depending on the specific nature of the agreement, but generally, it should contain: 1. Parties' Information: The full legal names and contact details of all parties involved, including any relevant company names or affiliations. 2. Background: A brief introduction explaining the purpose of the agreement, highlighting the intent to confirm the accuracy and settlement of the mentioned Statement of Account. 3. Date and Statement of Account: Clearly state the date on which the Statement of Account was issued, and attach the document to the agreement. Ensure it includes detailed financial information, such as transaction dates, amounts, and descriptions, to provide a comprehensive overview. 4. Confirmation of Accuracy: Include a clause where both parties declare that the information stated in the Statement of Account is true, correct, and accurately represents the financial transactions between them. 5. Now Pending Obligations: Ensure that the agreement confirms that all financial obligations and liabilities mentioned in the attached Statement of Account have been fully settled and that no outstanding payments or disputes exist. 6. Governing Law and Jurisdiction: Specify that the agreement will be governed by the laws of Collin County, Texas, and designate the appropriate jurisdiction for any legal proceedings that may arise from the agreement. It is important to note that while the described elements are common, the agreement's details may vary based on specific requirements or circumstances, particularly if the parties have additional clauses or terms to include. In summary, a Collin Texas Agreement that confirms a Statement of Account is True, Correct, and Settled is a legally binding document that ensures the accuracy and finality of financial records. It provides a sense of security and trust between parties by declaring that all mentioned transactions have been fully resolved, leaving no outstanding obligations.