Missouri Affidavit As to Termination of Production Payment is a legal document used in the state of Missouri to terminate or release a production payment. A production payment is a contractual right to receive a percentage of the proceeds from the production of oil, gas, or minerals from a particular property. The affidavit is a sworn statement made by the holder of the production payment, confirming that the production payment has been fully paid, satisfied, or terminated. It is typically filed with the appropriate county recorder's office to provide public notice of the termination. Keywords: Missouri, affidavit, termination, production payment, oil, gas, minerals, contractual right, county recorder's office, public notice. There are several types of Missouri Affidavit As to Termination of Production Payments: 1. Full Payment Affidavit: This type of affidavit is used when the production payment has been fully paid according to the terms of the agreement. The affidavit will state that all obligations under the production payment agreement have been fulfilled, and the production payment is terminated. 2. Satisfaction Affidavit: If the production payment has been satisfied through other means, such as the transfer of the property or mutual agreement between the parties, a satisfaction affidavit can be filed. This affidavit will declare that the production payment has been discharged and is no longer enforceable. 3. Partial Release Affidavit: In some cases, the production payment may only be partially released or terminated. This can happen when a portion of the production payment has been paid off or if the rights and obligations of the parties have been modified. A partial release affidavit will specify the extent of the release or termination. 4. Amended Affidavit: If there are any changes or modifications to the original production payment agreement, an amended affidavit can be filed. This affidavit will outline the revised terms and conditions of the production payment, including any adjustments to the termination or release provisions. It is important to consult with an attorney or legal professional to ensure compliance with Missouri laws and regulations when preparing and filing a Missouri Affidavit As to Termination of Production Payment.
Missouri Affidavit As to Termination of Production Payment
Description
How to fill out Missouri Affidavit As To Termination Of Production Payment?
You may commit several hours on-line looking for the authorized record design which fits the state and federal requirements you require. US Legal Forms provides thousands of authorized kinds that happen to be examined by pros. It is simple to acquire or printing the Missouri Affidavit As to Termination of Production Payment from the support.
If you have a US Legal Forms account, you are able to log in and then click the Acquire option. Following that, you are able to comprehensive, revise, printing, or sign the Missouri Affidavit As to Termination of Production Payment. Every single authorized record design you get is yours eternally. To get an additional duplicate of any purchased type, proceed to the My Forms tab and then click the corresponding option.
If you work with the US Legal Forms web site for the first time, adhere to the simple instructions under:
- Initially, be sure that you have selected the best record design to the state/metropolis that you pick. See the type information to ensure you have picked the correct type. If available, make use of the Review option to look with the record design also.
- If you want to discover an additional version in the type, make use of the Research discipline to discover the design that fits your needs and requirements.
- After you have located the design you want, click Acquire now to carry on.
- Pick the rates program you want, type your credentials, and register for a free account on US Legal Forms.
- Total the transaction. You should use your credit card or PayPal account to fund the authorized type.
- Pick the format in the record and acquire it for your gadget.
- Make alterations for your record if necessary. You may comprehensive, revise and sign and printing Missouri Affidavit As to Termination of Production Payment.
Acquire and printing thousands of record layouts while using US Legal Forms site, which provides the largest collection of authorized kinds. Use skilled and state-particular layouts to deal with your organization or specific demands.
