Broward Florida Assignment of Production Payment Measured by Quantity of Production is a legal document that outlines the transfer of the rights to payment for production in Broward County, Florida. This type of assignment applies specifically to cases where the payment is based on the quantity of production. In the oil and gas industry, a Broward Florida Assignment of Production Payment Measured by Quantity of Production can refer to the transfer of the rights to receive payment for the amount of oil or gas extracted from a specific well or lease in Broward County. This type of assignment is commonly used when multiple parties are involved, such as when a landowner assigns their payment rights to a production company. Another type of Broward Florida Assignment of Production Payment Measured by Quantity of Production could be related to agricultural or farming activities. For example, a farmer in Broward County who has a contract with a produce distributor might assign their payment rights based on the quantity of crops harvested. This can ensure that the farmer receives timely payments for the amount of produce they deliver. In the context of manufacturing, a Broward Florida Assignment of Production Payment Measured by Quantity of Production could be used when a company assigns their payment rights for a certain quantity of goods produced in Broward County. This allows the assigning party to receive compensation based on the quantity of items manufactured and delivered, ensuring fair and transparent payment arrangements. Overall, Broward Florida Assignment of Production Payment Measured by Quantity of Production encompasses various industries and scenarios where payment rights are assigned based on the quantity of production. It provides a legal framework for transferring these rights in Broward County, promoting efficient business operations and fair compensation agreements.
Broward Florida Assignment of Production Payment Measured by Quantity of Production
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Count the pages in each document and calculate the recording fee due. Recording charges are $10.00 for the first page and $8.50 for each additional page of the same document.
The per page cost to record a document is $10.00 for the first page and $8.50 for each additional page. If there are more than four names on the document, each additional name costs $1.00, and any variation of the name is counted as a separate name.
How does a VPP work? ? Typically, the purchaser makes a single upfront cash payment to the issuer in exchange for scheduled volumes of monthly production to be delivered to the purchaser. o The volumes may be delivered in kind, or sold by the issuer, and the sale proceeds delivered to the VPP purchaser.
Transaction total between $. 01 to $76.66 will be $1.95. Transaction totals between $76.67 and above will be charged at 2.55%. Acceptable Payment Methods include: Cash, Checks, Money Orders, Master Card, VISA, American Express, Discover Card and (with e-recording) ACH Debit.
(1) The term production payment means, in general, a right to a specified share of the production from mineral in place (if, as, and when produced), or the proceeds from such production. Such right must be an economic interest in such mineral in place.
Documentary stamp tax is payable by any of the parties to a taxable transaction. If one party is exempt, the tax is required of the nonexempt party.
What Is Volumetric Production Payment? A Volumetric Production Payment (VPP) is a type of structured investment that involves the owner of an oil or gas interest selling or borrowing money against a specific volume of production associated with that field or property.
A Volumetric Production Payment (VPP) is a type of structured investment that involves the owner of an oil or gas interest selling or borrowing money against a specific volume of production associated with that field or property.
(1) The term production payment means, in general, a right to a specified share of the production from mineral in place (if, as, and when produced), or the proceeds from such production. Such right must be an economic interest in such mineral in place.
You can eRecord in Broward County, Florida. You can eRecord your documents online through Simplifile right now in Broward County. You don't have to leave the office, use the mail, or stand in line ? saving you time and money.
