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North Dakota Amendment to Oil and Gas Lease to Correct Land Description

State:
Multi-State
Control #:
US-OG-083
Format:
Word; 
Rich Text
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Description

If the description of lands contained in a lease is incorrect, rather than entering into a new lease, the existing lease may be amended, with the amendment providing the correct description of lands the lessor and lessee intended to be covered by the lease. This form addresses that situation.

North Dakota Amendment to Oil and Gas Lease to Correct Land Description The North Dakota Amendment to Oil and Gas Lease to Correct Land Description refers to a legal procedure undertaken to rectify any errors or discrepancies in the initial lease agreement regarding the land description portion. This amendment is essential to ensure clarity and accuracy in identifying and defining the specific tract of land involved in the lease. Keywords: North Dakota, amendment, oil and gas lease, correct land description, legal procedure, errors, discrepancies, clarity, accuracy, tract of land. Types of North Dakota Amendment to Oil and Gas Lease to Correct Land Description: 1. Correction of Legal Description Amendment: This type of amendment addresses mistakes or inaccuracies in the legal description of the land in the original lease agreement. It may involve correcting any errors related to boundary lines, survey references, official plat numbers, or any other legal aspects of land description. The purpose is to align the lease agreement precisely with the accurate boundaries of the land parcel. 2. Rectification of Typographical Errors Amendment: Sometimes, documents may include typographical errors in describing the land involved in the lease. This type of amendment aims to correct these errors, such as misspelled names of townships, sections, or ranges. The objective is to fix any mistakes that could lead to confusion or misinterpretation of the land description. 3. Survey Change Amendment: In some cases, a survey is conducted after the initial lease agreement is signed, revealing discrepancies in the land description. This type of amendment updates the lease agreement with the revised and accurate survey information. It ensures that the lease encompasses the correct parcel according to the newly conducted survey, which may include adjusting the boundary lines or sections. 4. Addition or Removal of Land Parcel Amendment: An amendment may also be needed if additional land or portions of the originally leased land need to be included or excluded. This can occur due to changes in ownership, subdivision, or consolidation of parcels. The purpose is to modify the lease agreement to reflect the updated list of land parcels to be involved in the oil and gas lease. 5. Incorporation of Geological or Geophysical Data Amendment: If new geological or geophysical information becomes available that impacts the land description, an amendment may be required. This type of amendment incorporates the updated data to accurately identify the specific tracts of land where oil and gas exploration or extraction activities will take place. It is important to consult with legal professionals specializing in oil and gas lease agreements to properly execute any amendments and ensure compliance with North Dakota's specific laws and regulations.

North Dakota Amendment to Oil and Gas Lease to Correct Land Description The North Dakota Amendment to Oil and Gas Lease to Correct Land Description refers to a legal procedure undertaken to rectify any errors or discrepancies in the initial lease agreement regarding the land description portion. This amendment is essential to ensure clarity and accuracy in identifying and defining the specific tract of land involved in the lease. Keywords: North Dakota, amendment, oil and gas lease, correct land description, legal procedure, errors, discrepancies, clarity, accuracy, tract of land. Types of North Dakota Amendment to Oil and Gas Lease to Correct Land Description: 1. Correction of Legal Description Amendment: This type of amendment addresses mistakes or inaccuracies in the legal description of the land in the original lease agreement. It may involve correcting any errors related to boundary lines, survey references, official plat numbers, or any other legal aspects of land description. The purpose is to align the lease agreement precisely with the accurate boundaries of the land parcel. 2. Rectification of Typographical Errors Amendment: Sometimes, documents may include typographical errors in describing the land involved in the lease. This type of amendment aims to correct these errors, such as misspelled names of townships, sections, or ranges. The objective is to fix any mistakes that could lead to confusion or misinterpretation of the land description. 3. Survey Change Amendment: In some cases, a survey is conducted after the initial lease agreement is signed, revealing discrepancies in the land description. This type of amendment updates the lease agreement with the revised and accurate survey information. It ensures that the lease encompasses the correct parcel according to the newly conducted survey, which may include adjusting the boundary lines or sections. 4. Addition or Removal of Land Parcel Amendment: An amendment may also be needed if additional land or portions of the originally leased land need to be included or excluded. This can occur due to changes in ownership, subdivision, or consolidation of parcels. The purpose is to modify the lease agreement to reflect the updated list of land parcels to be involved in the oil and gas lease. 5. Incorporation of Geological or Geophysical Data Amendment: If new geological or geophysical information becomes available that impacts the land description, an amendment may be required. This type of amendment incorporates the updated data to accurately identify the specific tracts of land where oil and gas exploration or extraction activities will take place. It is important to consult with legal professionals specializing in oil and gas lease agreements to properly execute any amendments and ensure compliance with North Dakota's specific laws and regulations.

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North Dakota Amendment to Oil and Gas Lease to Correct Land Description