Delaware Correction to Mineral Deed As to Interest Conveyed

State:
Multi-State
Control #:
US-OG-314
Format:
Word; 
Rich Text
Instant download

Description

This form is used to when it has been discovered that through a drafting error the (Fraction or Percentage ) interest in the mineral estate conveyed in a Deed was stated incorrectly. It is the purpose of this instrument and the intention of Grantor and Grantee to correct this error, and to accurately state the actual mineral interest intended to be conveyed by the Deed.

Delaware Correction to Mineral Deed As to Interest Conveyed: A Detailed Description A Delaware Correction to Mineral Deed As to Interest Conveyed refers to a legal document that amends or rectifies any errors, omissions, or inaccuracies made in the original mineral deed regarding the interest conveyed in mineral rights within the state of Delaware. This corrective instrument helps ensure the accuracy and validity of the conveyed interests, protecting the rights of all parties involved. The Delaware Correction to Mineral Deed As to Interest Conveyed is crucial when errors or discrepancies are discovered in the initial transaction, such as incorrect descriptions of the interest conveyed, wrongly identified parties, or flawed terms and conditions. This document provides an opportunity for the granter and grantee to correct these errors, rectify any inconsistencies, and maintain the integrity of the mineral rights ownership. Some examples of common types of Delaware Corrections to Mineral Deed As to Interest Conveyed are: 1. Correction of Interest Share: This type of corrective deed is utilized when the original mineral deed inaccurately states the interests each party holds. It allows for an exact adjustment of the share of the mineral rights previously conveyed to reflect the accurate proportion. 2. Correction of Legal Description: In cases where the original mineral deed contains errors in the legal description of the property, this type of correction is necessary. It ensures that the land, including any specific areas containing minerals, is accurately identified, eliminating any potential confusion or disputes. 3. Correction of Grantee or Granter Information: If there are mistakes in the names, addresses, or entities involved in the initial conveyance, the Correction to Mineral Deed As to Interest Conveyed allows for necessary amendments to accurately reflect the identities of the granter and grantee. 4. Correction of Terms and Conditions: In situations where the original mineral deed contains erroneous or inconsistent terms and conditions that affect the interest conveyed, this kind of correction serves to clarify, revise, or remove these provisions, ensuring that all parties are operating under accurate and agreed-upon terms. Delaware Correction to Mineral Deed As to Interest Conveyed is a legal instrument that offers protection and peace of mind to individuals and entities involved in mineral rights transactions. By addressing and rectifying any errors or inaccuracies, it helps maintain the integrity and legal validity of the conveyed interests in the state of Delaware.

Delaware Correction to Mineral Deed As to Interest Conveyed: A Detailed Description A Delaware Correction to Mineral Deed As to Interest Conveyed refers to a legal document that amends or rectifies any errors, omissions, or inaccuracies made in the original mineral deed regarding the interest conveyed in mineral rights within the state of Delaware. This corrective instrument helps ensure the accuracy and validity of the conveyed interests, protecting the rights of all parties involved. The Delaware Correction to Mineral Deed As to Interest Conveyed is crucial when errors or discrepancies are discovered in the initial transaction, such as incorrect descriptions of the interest conveyed, wrongly identified parties, or flawed terms and conditions. This document provides an opportunity for the granter and grantee to correct these errors, rectify any inconsistencies, and maintain the integrity of the mineral rights ownership. Some examples of common types of Delaware Corrections to Mineral Deed As to Interest Conveyed are: 1. Correction of Interest Share: This type of corrective deed is utilized when the original mineral deed inaccurately states the interests each party holds. It allows for an exact adjustment of the share of the mineral rights previously conveyed to reflect the accurate proportion. 2. Correction of Legal Description: In cases where the original mineral deed contains errors in the legal description of the property, this type of correction is necessary. It ensures that the land, including any specific areas containing minerals, is accurately identified, eliminating any potential confusion or disputes. 3. Correction of Grantee or Granter Information: If there are mistakes in the names, addresses, or entities involved in the initial conveyance, the Correction to Mineral Deed As to Interest Conveyed allows for necessary amendments to accurately reflect the identities of the granter and grantee. 4. Correction of Terms and Conditions: In situations where the original mineral deed contains erroneous or inconsistent terms and conditions that affect the interest conveyed, this kind of correction serves to clarify, revise, or remove these provisions, ensuring that all parties are operating under accurate and agreed-upon terms. Delaware Correction to Mineral Deed As to Interest Conveyed is a legal instrument that offers protection and peace of mind to individuals and entities involved in mineral rights transactions. By addressing and rectifying any errors or inaccuracies, it helps maintain the integrity and legal validity of the conveyed interests in the state of Delaware.

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Delaware Correction to Mineral Deed As to Interest Conveyed