The Lima Arizona Correction Assignment to Correct Name of Assignee in Assignment of Oil and Gas Lease is a legal document used to rectify an error or discrepancy related to the name of the assignee in the Assignment of Oil and Gas Lease. This correction assignment is necessary to ensure accuracy and avoid any future disputes or confusion regarding the rightful parties involved in the lease agreement. Keywords: Lima Arizona, correction assignment, correct name of assignee, assignment of oil and gas lease. Types of Lima Arizona Correction Assignment to Correct Name of Assignee in Assignment of Oil and Gas Lease: 1. Single-Party Correction Assignment: In this type of correction assignment, only one party is involved in the correction process. It occurs when the assignee's name has been misspelled, or a typographical error has been made while processing the original assignment document. 2. Dual-Party Correction Assignment: In a dual-party correction assignment, both the assignor and the assignee collectively acknowledge the error in the original assignment document's assignee's name. This type of correction assignment is commonly used when there is a mutual agreement between both parties to rectify the mistake promptly. 3. Notarized Correction Assignment: A notarized correction assignment involves the presence of a notary public who legally affirms the correction made in the assignee's name. This type of correction assignment adds an extra layer of authenticity and legality, ensuring that the correction is binding and enforceable. 4. Court-Ordered Correction Assignment: In rare cases where a dispute arises regarding the correction of the assignee's name in the assignment of an oil and gas lease, a court may order a correction assignment. This type of correction assignment includes the judicial intervention to resolve any conflicts and ensure that the assignee's name is correctly represented in the revised assignment document. It is important to consult with an attorney or legal professional experienced in real estate transactions and oil and gas leases to ensure that the correct type of correction assignment is prepared, based on the specific circumstances and requirements of the situation. Accuracy and adherence to legal protocols are crucial in such transactions to protect the rights and interests of all parties involved.