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 Virginia Correction to Mineral Deed As to Interest Conveyed refers to a legal document that is filed to rectify any errors or omissions made in the conveyance of mineral interests within a property in the state of Virginia. It allows the property owner or granter to amend the original mineral deed to accurately reflect their intention of conveying specific mineral rights or interests. In Virginia, there are different types of Corrections to Mineral Deed As to Interest Conveyed: 1. Legal Description Correction: This type of correction is filed when there is an error or discrepancy in the legal description of the mineral interests conveyed in the original deed. It may involve correcting wrong lot or block numbers, incorrect metes and bounds, or inaccurate survey references. 2. Percentage Interest Correction: If there was a mistake in specifying the percentage interest of the mineral rights conveyed, a correction deed is filed to rectify this error. This ensures that the intended percentage interest is accurately reflected in the records. 3. Additional Interests Conveyed: Sometimes, the original mineral deed may omit certain interests or rights that were intended to be conveyed. In such cases, a correction is made to include these additional interests, ensuring that all intended mineral rights are properly conveyed. 4. Revocation of Interests Conveyed: This type of correction is filed when the granter intends to revoke or remove certain mineral interests previously conveyed in the original deed. It clarifies the revocation of those specific interests, updating the public records accordingly. 5. Clarification of Ownership: If there is a discrepancy or confusion regarding the ownership of certain mineral interests, a correction deed can be filed to provide clarity. This may involve correcting the names of the owners or entities holding the mineral rights, ensuring accurate ownership records. 6. Rectification of Errors: In some cases, the original mineral deed might contain typographical, grammatical, or clerical errors. A correction deed is filed to fix these mistakes, ensuring that the conveyed interests are accurately represented. It is important to note that each Correction to Mineral Deed As to Interest Conveyed should be prepared with the assistance of a legal professional experienced in Virginia real estate law. This will ensure that the correction is done in compliance with state regulations and that the modified deed accurately reflects the granter's original intent.A Virginia Correction to Mineral Deed As to Interest Conveyed refers to a legal document that is filed to rectify any errors or omissions made in the conveyance of mineral interests within a property in the state of Virginia. It allows the property owner or granter to amend the original mineral deed to accurately reflect their intention of conveying specific mineral rights or interests. In Virginia, there are different types of Corrections to Mineral Deed As to Interest Conveyed: 1. Legal Description Correction: This type of correction is filed when there is an error or discrepancy in the legal description of the mineral interests conveyed in the original deed. It may involve correcting wrong lot or block numbers, incorrect metes and bounds, or inaccurate survey references. 2. Percentage Interest Correction: If there was a mistake in specifying the percentage interest of the mineral rights conveyed, a correction deed is filed to rectify this error. This ensures that the intended percentage interest is accurately reflected in the records. 3. Additional Interests Conveyed: Sometimes, the original mineral deed may omit certain interests or rights that were intended to be conveyed. In such cases, a correction is made to include these additional interests, ensuring that all intended mineral rights are properly conveyed. 4. Revocation of Interests Conveyed: This type of correction is filed when the granter intends to revoke or remove certain mineral interests previously conveyed in the original deed. It clarifies the revocation of those specific interests, updating the public records accordingly. 5. Clarification of Ownership: If there is a discrepancy or confusion regarding the ownership of certain mineral interests, a correction deed can be filed to provide clarity. This may involve correcting the names of the owners or entities holding the mineral rights, ensuring accurate ownership records. 6. Rectification of Errors: In some cases, the original mineral deed might contain typographical, grammatical, or clerical errors. A correction deed is filed to fix these mistakes, ensuring that the conveyed interests are accurately represented. It is important to note that each Correction to Mineral Deed As to Interest Conveyed should be prepared with the assistance of a legal professional experienced in Virginia real estate law. This will ensure that the correction is done in compliance with state regulations and that the modified deed accurately reflects the granter's original intent.