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 Tennessee Correction to Mineral Deed As to Interest Conveyed is a legal document that allows for the correction and clarification of errors or omissions made in a previously recorded mineral deed. This correction is necessary to accurately convey the intended ownership interests in mineral rights associated with a specific property. The correction process typically involves rectifying mistakes related to the extent or percentage of the mineral interest conveyed, including fractions, decimal points, or incorrect descriptions of ownership shares. It is crucial to address such errors promptly to maintain clarity and avoid any potential disputes or future legal complications. Tennessee Correction to Mineral Deed As to Interest Conveyed serves as a strong legal foundation for all parties involved, ensuring that the conveyed mineral rights accurately reflect the intentions of the granter and grantee. This type of correction can apply to various scenarios, such as correcting an unintentional over or under-conveyance of mineral interests, resolving inconsistencies between different sections or schedules of the deed, or rectifying any inaccuracies caused by typographical errors or mistakes during the initial drafting process. Different variations of Tennessee Correction to Mineral Deed As to Interest Conveyed may include specific names or purposes depending on the particular circumstances. Some of these variations include: 1. Partial Interest Correction: This type of correction is made when only a portion or fraction of the initial mineral interest conveyed requires adjustment. It may occur when the original deed misstates the percentage of ownership or fails to account for a specific portion of the mineral rights. 2. Whole Interest Correction: This correction takes place when the entire mineral interest conveyed is found to be inaccurately described or misstated. It aims to completely rectify the error to realign the mineral deed with the intended ownership arrangement. 3. Correction due to Survey Discrepancies: This type of correction addresses situations where the metes and bounds descriptions provided in the original mineral deed do not align with the actual survey or legal description of the property. It is essential to ensure that the recorded mineral deed accurately reflects the property boundaries and associated mineral rights. 4. Correction of Typos or Clerical Errors: This variation of correction is used when the original mineral deed contains mistakes caused by typographical errors, misspelled names, incorrect dates, or erroneously transposed numbers. Rectifying such errors eliminates confusion and provides an accurate representation of the conveyed mineral rights. In summary, a Tennessee Correction to Mineral Deed As to Interest Conveyed is a crucial legal instrument that corrects errors or omissions related to the conveyed mineral interests. By accurately aligning the recorded mineral deed with the intended ownership arrangement, this correction ensures transparency, clarity, and smooth transactions in the complex realm of mineral rights.
A Tennessee Correction to Mineral Deed As to Interest Conveyed is a legal document that allows for the correction and clarification of errors or omissions made in a previously recorded mineral deed. This correction is necessary to accurately convey the intended ownership interests in mineral rights associated with a specific property. The correction process typically involves rectifying mistakes related to the extent or percentage of the mineral interest conveyed, including fractions, decimal points, or incorrect descriptions of ownership shares. It is crucial to address such errors promptly to maintain clarity and avoid any potential disputes or future legal complications. Tennessee Correction to Mineral Deed As to Interest Conveyed serves as a strong legal foundation for all parties involved, ensuring that the conveyed mineral rights accurately reflect the intentions of the granter and grantee. This type of correction can apply to various scenarios, such as correcting an unintentional over or under-conveyance of mineral interests, resolving inconsistencies between different sections or schedules of the deed, or rectifying any inaccuracies caused by typographical errors or mistakes during the initial drafting process. Different variations of Tennessee Correction to Mineral Deed As to Interest Conveyed may include specific names or purposes depending on the particular circumstances. Some of these variations include: 1. Partial Interest Correction: This type of correction is made when only a portion or fraction of the initial mineral interest conveyed requires adjustment. It may occur when the original deed misstates the percentage of ownership or fails to account for a specific portion of the mineral rights. 2. Whole Interest Correction: This correction takes place when the entire mineral interest conveyed is found to be inaccurately described or misstated. It aims to completely rectify the error to realign the mineral deed with the intended ownership arrangement. 3. Correction due to Survey Discrepancies: This type of correction addresses situations where the metes and bounds descriptions provided in the original mineral deed do not align with the actual survey or legal description of the property. It is essential to ensure that the recorded mineral deed accurately reflects the property boundaries and associated mineral rights. 4. Correction of Typos or Clerical Errors: This variation of correction is used when the original mineral deed contains mistakes caused by typographical errors, misspelled names, incorrect dates, or erroneously transposed numbers. Rectifying such errors eliminates confusion and provides an accurate representation of the conveyed mineral rights. In summary, a Tennessee Correction to Mineral Deed As to Interest Conveyed is a crucial legal instrument that corrects errors or omissions related to the conveyed mineral interests. By accurately aligning the recorded mineral deed with the intended ownership arrangement, this correction ensures transparency, clarity, and smooth transactions in the complex realm of mineral rights.
