Georgia Correction to Oil and Gas Lease As to Land Description

State:
Multi-State
Control #:
US-OG-336
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Lessors and Lessee amend the Lease by incorporating into it the stated named terms, as if they were originally contained in the Lease. Georgia Correction to Oil and Gas Lease As to Land Description is a legal document used to rectify errors or inaccuracies in the initial land description provided in an oil and gas lease agreement in the state of Georgia. This correction ensures that all parties involved have a clear and accurate understanding of the specific land area included in the lease. There are two main types of Georgia Correction to Oil and Gas Lease As to Land Description: 1. Corrective Amendment: A corrective amendment is employed when there are minor or typographical errors in the original lease agreement's land description. This amendment aims to rectify these mistakes without making any substantial changes to the intended area of the lease. 2. Substantive Correction: In cases where the original lease agreement's land description contains significant errors or inaccuracies, a substantive correction is necessary. This correction aims to revise the land description to accurately reflect the intended area of the lease. It may involve adding or removing specific land parcels or adjusting the boundaries to ensure precision. Keywords: Georgia, Correction to Oil and Gas Lease, land description, legal document, rectify errors, inaccuracies, oil and gas lease agreement, corrective amendment, substantive correction, minor errors, typographical errors, significant errors, inaccuracies, intended area, land parcels, boundaries, precision.

Georgia Correction to Oil and Gas Lease As to Land Description is a legal document used to rectify errors or inaccuracies in the initial land description provided in an oil and gas lease agreement in the state of Georgia. This correction ensures that all parties involved have a clear and accurate understanding of the specific land area included in the lease. There are two main types of Georgia Correction to Oil and Gas Lease As to Land Description: 1. Corrective Amendment: A corrective amendment is employed when there are minor or typographical errors in the original lease agreement's land description. This amendment aims to rectify these mistakes without making any substantial changes to the intended area of the lease. 2. Substantive Correction: In cases where the original lease agreement's land description contains significant errors or inaccuracies, a substantive correction is necessary. This correction aims to revise the land description to accurately reflect the intended area of the lease. It may involve adding or removing specific land parcels or adjusting the boundaries to ensure precision. Keywords: Georgia, Correction to Oil and Gas Lease, land description, legal document, rectify errors, inaccuracies, oil and gas lease agreement, corrective amendment, substantive correction, minor errors, typographical errors, significant errors, inaccuracies, intended area, land parcels, boundaries, precision.

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Georgia Correction to Oil and Gas Lease As to Land Description