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.
Colorado Correction to Mineral Deed As to Interest Conveyed is a legal document used in Colorado to rectify any errors or inaccuracies in the conveyance of mineral rights on a property. This correction deed ensures that the recorded ownership of a mineral interest accurately reflects the intended parties' interests. Keywords: Colorado, Correction to Mineral Deed, Interest Conveyed, document, legal, rectify, errors, inaccuracies, conveyance, mineral rights, property, recorded ownership, intended parties. Types of Colorado Correction to Mineral Deed As to Interest Conveyed: 1. Corrective Mineral Deed: This type of correction deed is used to amend any mistakes made in the original mineral deed, such as incorrect names, incorrect description of the interest conveyed, or incorrect legal descriptions. 2. Mineral Deed Affidavit of Correction: This correction document is utilized when there is a need to clarify or correct certain aspects of the mineral deed, including typographical errors, misspelled names, or incorrect parcel numbers. 3. Corrected Mineral Ownership Affidavit: This type of correction deed is used when there is a need to update the ownership information of the mineral interest on a property due to changes in ownership, death of a party, or any other circumstances. 4. Mineral Deed Amendment: This correction document is employed to make substantial changes to the original mineral deed, such as adding or removing a party, changing the proportionate interests of the owners, or altering the conveyance terms. 5. Mineral Deed Ratification: This correction deed is used when there is a need to ratify or validate a prior mineral deed that may have been defective or contained errors, ensuring that it now accurately represents the conveyed interest. 6. Mineral Deed Revocation: This correction document is utilized to revoke or cancel a previously recorded mineral deed due to errors, failed conditions, or other reasons, effectively restoring the original state of ownership. 7. Mineral Deed Re conveyance: This correction deed is employed when the interest conveyed in a mineral deed needs to revert to the granter or be transferred to a different party altogether, typically due to changes in ownership or contractual agreements. It is crucial to engage the services of a qualified attorney or legal professional when preparing and executing any Colorado Correction to Mineral Deed As to Interest Conveyed documents to ensure compliance with relevant laws and regulations.