Texas Legal Description and Well or Unit Information

State:
Multi-State
Control #:
US-OG-1204
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Word; 
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Description

This form is used for legal description and well or unit information.

Texas Legal Description is a term commonly used in the real estate industry to define the boundaries and specifics of a property in the state of Texas, ensuring proper identification and registration. It is crucial for property ownership, legal transactions, and conveying information accurately. It typically consists of several components, including the county, subdivision, block number, lot number, and any additional relevant information. Well or Unit Information, on the other hand, pertains to the oil and gas industry in Texas. Texas possesses significant underground reserves, making it a hub for drilling and extraction activities. Well Information refers to specific details about oil or gas wells, including their location, depth, production status, and other critical data. It helps in monitoring and managing the productivity and efficiency of these wells. Unit Information focuses on the concept of pooling in the oil and gas industry. To optimize production and reduce costs, multiple contiguous properties can be combined into a single unit, known as a drilling or production unit. Unit Information includes the unit boundaries, participating property owners, their respective ownership percentages, and the terms and conditions governing the unit's operations. In Texas, there are various types of Legal Descriptions and Well or Unit Information, depending on the nature and purpose of the property or project. Some common types of Texas Legal Descriptions include metes and bounds descriptions, which involve outlining the property's boundaries using directional and linear measurements, and lot and block descriptions, commonly used in platted subdivisions. Well or Unit Information can vary based on the specific type of well or unit. For instance, there are oil wells, gas wells, injection wells, and disposal wells, each requiring different parameters and regulations. Similarly, unit information may differ for drilling units, production units, or enhanced recovery units, depending on the objectives and resources involved. In conclusion, both Texas Legal Description and Well or Unit Information are crucial for different sectors in the state. While Legal Description plays a vital role in the real estate industry, ensuring accurate property identification, Well or Unit Information is essential for managing and monitoring oil and gas-related activities. Understanding and adhering to these descriptions and information enables smooth operations, legal compliance, and efficient utilization of resources.

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FAQ

Metes and bounds landmarks are often used in a ?legal description? of a land. Legal description is the geographical description of a land that identifies its precise location, and is kept with the deed of the land.

In Texas, the highest level of land subdivision is the boundary of the state itself. Below this are the Texas railroad districts, of which there are 12. These are Spanish grants, surveyed on the "metes and bounds" system of measurement, and are of irregular shape and size.

What is the principal purpose underlying legal descriptions of real property? to create a consistent unchanging standard for locating property. What is a distinctive feature of the metes and bounds system? they identify an enclosed area, beginning and ending at the same point.

In order to correct an error on a California deed, you will need to revise or modify the language in the deed to remove the error. If your deed has been signed and recorded, you will need to complete a Correction Deed or a Scrivener's Affidavit to correct the error.

Hear this out loud PauseIn Texas, the highest level of land subdivision is the boundary of the state itself. Below this are the Texas railroad districts, of which there are 12. These are Spanish grants, surveyed on the "metes and bounds" system of measurement, and are of irregular shape and size.

Hear this out loud PauseIn order to conduct a property title search on your own without paying a lawyer or a title company, you should head to your county clerk's office. In Texas, each county clerk's office is responsible for keeping detailed property records ? these records are public, and therefore available for you to view.

Hear this out loud PauseThe purpose of a legal description is to give enough information for a person familiar with the area to identify the specific tract of land. A property description is valid if it furnishes within itself, or by referencing another existing writing, a way to identify the land being conveyed with reasonable certainty.

Hear this out loud PauseMetes and bounds are the boundaries of a parcel of real estate that identified by its natural landmarks. Metes and bounds landmarks are often used in a ?legal description? of a land. Legal description is the geographical description of a land that identifies its precise location, and is kept with the deed of the land.

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Texas Legal Description and Well or Unit Information