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.
A Louisiana Correction to Mineral Deed As to Interest Conveyed is a legal document used to rectify any errors or omissions made in the original mineral deed pertaining to the interest conveyed in mineral rights. This correction deed is specifically applicable to properties located in the state of Louisiana. When a mistake is discovered in the original mineral deed, it becomes necessary to file a correction to ensure the accurate representation of the conveyed interest. This correction deed serves as a legal instrument to amend, modify, or revise the original deed, and it is recorded in the same county where the original mineral deed was filed. The purpose of a Louisiana Correction to Mineral Deed As to Interest Conveyed is to rectify any inaccuracies in conveying the right, title, and interest to mineral rights, royalty interests, or other related interests. It could involve a correction in the percentage of ownership, misrepresentation of acreage, misspelled names, errors in the legal description, or any other mistakes that need to be addressed. Different types of Louisiana Correction to Mineral Deed As to Interest Conveyed may include: 1. Correction of Percentage Interest: This type of correction deed is used to modify the percentage of ownership conveyed in the original mineral deed. It may involve increasing or decreasing the ownership interest allotted to a particular party or parties involved. 2. Correction of Legal Description: In cases where the legal description of the property is incorrect or unclear, a correction deed is used to accurately describe the boundaries, dimensions, and location of the property and the mineral rights being conveyed. 3. Correction of Parties' Names: If there are misspelled names or incorrect identification of the parties involved in the original mineral deed, a correction deed is necessary to correct these errors and ensure the accurate identification of each party. 4. Correction of Acreage: When the acreage conveyed in the original mineral deed is inaccurately recorded, a correction deed is used to rectify the error and provide the correct measurement of the property. 5. Correction of Reservation or Exception: Sometimes, a correction may be needed to modify reservations or exceptions made in the original mineral deed. This type of correction deed is used to reflect any changes or additions to these reservations or exceptions. It is essential to consult with an attorney or a qualified professional when preparing and executing a Louisiana Correction to Mineral Deed As to Interest Conveyed to ensure compliance with all necessary legal requirements and accurate correction of any mistakes in the original mineral deed.
