New Mexico Correction to Oil and Gas Lease As to Land Description

• Category: Oil Gas and Minerals - Leases
• State: Multi-State
• Control #: US-OG-336
• Format: Word; Rich Text

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. New Mexico Correction to Oil and Gas Lease As to Land Description is a legal document that addresses any errors or omissions in the initial lease agreement's land description section. This correction is necessary to rectify inaccuracies or provide additional information about the land involved in the oil and gas lease. Keywords: New Mexico, correction, oil and gas lease, land description, errors, omissions, inaccuracies, legal document. Different types of New Mexico Correction to Oil and Gas Lease As to Land Description may include: 1. Typographical Error Correction: This type of correction is essential when there are minor typographical errors in the land description section of the original lease agreement. It aims to rectify such errors to ensure accurate representation of the leased land. 2. Boundary Clarification: This type of correction becomes necessary when the original lease agreement lacks sufficient information to clearly define the boundaries of the land involved. The correction aims to provide a detailed and precise description, avoiding any ambiguity. 3. Inclusion of Additional Parcels: In some cases, the original lease agreement might fail to include all the parcels of land intended to be leased. This type of correction is crucial to include any omitted parcels and ensure their accurate description to avoid future disputes. 4. Exclusion of Unintended Land: If the original lease agreement mistakenly includes land that should not be part of the lease, a correction is needed to exclude such unintended land. The correction ensures that the leased land description accurately reflects the intended property boundaries. 5. Geographic Reference Update: This type of correction is required when the original lease agreement uses outdated geographic references or landmarks that have changed over time. The correction aims to update the land description with accurate and current references. 6. Land Dimension Modification: In case there are errors or discrepancies in the stated dimensions of the leased land, this correction type becomes necessary. It ensures accurate measurement representation and avoids any potential disputes related to incorrect land dimensions. Overall, the New Mexico Correction to Oil and Gas Lease As to Land Description is a crucial legal document used to rectify errors, omissions, and inaccuracies, ensuring a precise and comprehensive description of the land involved in the oil and gas lease agreement.

New Mexico Correction to Oil and Gas Lease As to Land Description is a legal document that addresses any errors or omissions in the initial lease agreement's land description section. This correction is necessary to rectify inaccuracies or provide additional information about the land involved in the oil and gas lease. Keywords: New Mexico, correction, oil and gas lease, land description, errors, omissions, inaccuracies, legal document. Different types of New Mexico Correction to Oil and Gas Lease As to Land Description may include: 1. Typographical Error Correction: This type of correction is essential when there are minor typographical errors in the land description section of the original lease agreement. It aims to rectify such errors to ensure accurate representation of the leased land. 2. Boundary Clarification: This type of correction becomes necessary when the original lease agreement lacks sufficient information to clearly define the boundaries of the land involved. The correction aims to provide a detailed and precise description, avoiding any ambiguity. 3. Inclusion of Additional Parcels: In some cases, the original lease agreement might fail to include all the parcels of land intended to be leased. This type of correction is crucial to include any omitted parcels and ensure their accurate description to avoid future disputes. 4. Exclusion of Unintended Land: If the original lease agreement mistakenly includes land that should not be part of the lease, a correction is needed to exclude such unintended land. The correction ensures that the leased land description accurately reflects the intended property boundaries. 5. Geographic Reference Update: This type of correction is required when the original lease agreement uses outdated geographic references or landmarks that have changed over time. The correction aims to update the land description with accurate and current references. 6. Land Dimension Modification: In case there are errors or discrepancies in the stated dimensions of the leased land, this correction type becomes necessary. It ensures accurate measurement representation and avoids any potential disputes related to incorrect land dimensions. Overall, the New Mexico Correction to Oil and Gas Lease As to Land Description is a crucial legal document used to rectify errors, omissions, and inaccuracies, ensuring a precise and comprehensive description of the land involved in the oil and gas lease agreement.