Travis Texas Affidavit of Nondevelopment and Nonproduction No Production of Operations Since Specified Time

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: Travis
• Control #: US-OG-011
• 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). If evidence is needed that there has been no production or operations on a lease, this Affidavit provides those facts. The Travis Texas Affidavit of Nondevelopment and Nonproduction No Production of Operations Since Specified Time is a legal document used in the state of Texas to declare that a property or project has not undergone any development or production activities during a specific timeframe. It is primarily used in real estate and oil and gas industries to establish nonproduction status for tax, regulatory, or contractual purposes. Keywords: Travis Texas, Affidavit, Nondevelopment, Nonproduction, Operations, Specified Time, Real Estate, Oil and Gas. Types of Travis Texas Affidavit of Nondevelopment and Nonproduction: 1. Real Estate Nondevelopment Affidavit: This type of affidavit is utilized in the real estate industry to confirm that no development or construction activities have taken place on a specific property within a designated period. It is typically required during rezoning applications or when seeking exemptions from property tax assessments. 2. Oil and Gas Nonproduction Affidavit: This variant of the affidavit is commonly used in the oil and gas industry. It attests that no drilling, production, or extraction operations have occurred on a specified lease or well site during a specified timeframe. It is often required for regulatory compliance, taxation purposes, or to maintain leasehold rights. 3. Contractual Nonproduction Affidavit: This type of affidavit is used when parties have agreed to a specific period within a contract where no production or operation activities are to occur. It ensures that all parties involved acknowledge and abide by the agreed-upon nonproduction terms. It is typically used in joint venture agreements, profit-sharing contracts, or partnerships related to real estate or oil and gas ventures. 4. Taxation Nondevelopment Affidavit: This type of affidavit is specifically used for tax purposes. It declares that no development or production activities have taken place on a property within a defined timeframe, hence exempting it from certain tax liabilities or assessments. This affidavit may be required by local tax authorities or used when applying for tax incentives or abatement. It is important to consult with a qualified attorney or legal professional when preparing and submitting the Travis Texas Affidavit of Nondevelopment and Nonproduction, as requirements and specific details may vary depending on the industry, jurisdiction, and intended purpose of the affidavit.

The Travis Texas Affidavit of Nondevelopment and Nonproduction No Production of Operations Since Specified Time is a legal document used in the state of Texas to declare that a property or project has not undergone any development or production activities during a specific timeframe. It is primarily used in real estate and oil and gas industries to establish nonproduction status for tax, regulatory, or contractual purposes. Keywords: Travis Texas, Affidavit, Nondevelopment, Nonproduction, Operations, Specified Time, Real Estate, Oil and Gas. Types of Travis Texas Affidavit of Nondevelopment and Nonproduction: 1. Real Estate Nondevelopment Affidavit: This type of affidavit is utilized in the real estate industry to confirm that no development or construction activities have taken place on a specific property within a designated period. It is typically required during rezoning applications or when seeking exemptions from property tax assessments. 2. Oil and Gas Nonproduction Affidavit: This variant of the affidavit is commonly used in the oil and gas industry. It attests that no drilling, production, or extraction operations have occurred on a specified lease or well site during a specified timeframe. It is often required for regulatory compliance, taxation purposes, or to maintain leasehold rights. 3. Contractual Nonproduction Affidavit: This type of affidavit is used when parties have agreed to a specific period within a contract where no production or operation activities are to occur. It ensures that all parties involved acknowledge and abide by the agreed-upon nonproduction terms. It is typically used in joint venture agreements, profit-sharing contracts, or partnerships related to real estate or oil and gas ventures. 4. Taxation Nondevelopment Affidavit: This type of affidavit is specifically used for tax purposes. It declares that no development or production activities have taken place on a property within a defined timeframe, hence exempting it from certain tax liabilities or assessments. This affidavit may be required by local tax authorities or used when applying for tax incentives or abatement. It is important to consult with a qualified attorney or legal professional when preparing and submitting the Travis Texas Affidavit of Nondevelopment and Nonproduction, as requirements and specific details may vary depending on the industry, jurisdiction, and intended purpose of the affidavit.