Alabama Agreement that Statement of Account is True, Correct and Settled

State:
Multi-State
Control #:
US-1107BG
Format:
Word; 
Rich Text
Instant download

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.

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FAQ

To collect on a judgment in Alabama, you must first ensure that the judgment is properly recorded. This involves filing the judgment with the county court where the debtor resides. Once you've recorded it, you can pursue different collection methods such as wage garnishment or bank levies. Utilizing resources like the Alabama Agreement that Statement of Account is True, Correct and Settled can provide clarity on the process.

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Alabama Agreement that Statement of Account is True, Correct and Settled