Kansas Correction to Mineral Deed As to Interest Conveyed

State:
Multi-State
Control #:
US-OG-314
Format:
Word; 
Rich Text
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Description

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.

Title: Understanding the Kansas Correction to Mineral Deed As to Interest Conveyed Introduction: In Kansas, the correction to a mineral deed as to interest conveyed is an essential legal process that allows individuals or entities to rectify errors or omissions in the initial mineral deed. This corrective measure ensures accurate and proper transfer of ownership interests in mineral rights. This article aims to provide a comprehensive understanding of the Kansas Correction to Mineral Deed As to Interest Conveyed, including its purpose, types, and the necessary steps involved. Keywords: Kansas, correction to mineral deed, interest conveyed, rectify errors, ownership interests, transfer, mineral rights Types of Kansas Correction to Mineral Deed As to Interest Conveyed: 1. Correcting Errors: This type of correction involves rectifying any mistakes made in the initial mineral deed, such as incorrect names, inaccurate legal descriptions, missing or incorrect information, or typographical errors. It aims to ensure that the document accurately reflects the intended interests and parties involved. 2. Updating Ownership Interests: Changes in ownership interests, such as the addition or removal of co-owners or adjusting existing interests between parties, can be accomplished through a correction to the mineral deed. This type of correction serves to align the document with the current ownership structure accurately. 3. Revising Conveyance Language: In certain cases, the language used to convey mineral interests in the original deed may not accurately represent the intended transfer. To rectify such discrepancies, a correction to the mineral deed might be necessary to clarify and ensure a proper conveyance of the interests. 4. Reformation of Fragmented Interests: When fragmented or fractional mineral interests are consolidated or reorganized, a correction to the mineral deed is required to reflect the changes accurately. This type of correction streamlines the ownership structure, allowing for easier management and negotiation of mineral rights. Steps Involved in the Kansas Correction to Mineral Deed As to Interest Conveyed: 1. Identify the Error or Omission: Determine the specific error or omission in the existing mineral deed that needs correction. This may require a thorough review of the deed and relevant supporting documents. 2. Prepare the Corrective Instrument: Draft a corrective instrument referencing the original mineral deed and providing a clear description of the correction required. This may involve consultation with an attorney or legal professional specialized in real estate or mineral law. 3. Review and Execute Corrective Instrument: Ensure all parties involved in the original mineral deed, as well as anyone affected by the correction, review and agree to the changes outlined in the corrective instrument. Once all parties are in agreement, execute the document before a notary public. 4. Record the Corrective Instrument: Submit the executed corrective instrument to the appropriate county recorder's office in Kansas for recording. This step is crucial in ensuring the correction becomes a part of the public record, providing legal notice to subsequent purchasers or interested parties. Conclusion: The Kansas Correction to Mineral Deed As to Interest Conveyed is a necessary legal process for rectifying errors, updating ownership interests, revising conveyance language, and reforming fragmented interests in mineral deeds. Understanding the various types and steps involved in this process can help individuals and entities ensure a proper transfer and management of mineral rights in Kansas. Keywords: Kansas, correction to mineral deed, interest conveyed, rectify errors, ownership interests, transfer, mineral rights, corrective instrument, execute, county recorder's office, legal process.

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FAQ

What Is the Cost to File a Kansas Deed? Kansas register-of-deeds offices charge $21.00 to record a deed's first page and $17.00 each for other pages. The cost includes the legal recording fee and amounts planned to go to the register of deeds technology fund.

Reviewed by Susan Chai, Esq. A Kansas quitclaim deed helps transfer real property without providing any covenants or warranties on the property title. The document is used to transfer property between family members or individuals with a preexisting relationship of trust.

A royalty deed gives its holder the right to receive a percentage of the profits from the sale of the minerals, if and when they are actually produced. This kind of legal document does not convey all of the mineral rights to the holder, only the right to receive royalties.

To add a beneficiary to your property requires a Transfer on Death or Beneficiary deed. The form can be located on the Kansas Bar Association's website or by a general Google search. It must be filled out, signed, and notarized before it can be recorded.

The current property owner with the right to transfer the property must sign a Kansas deed. A deed that transfers a co-owned property should include the signatures of both owners. A lawful agent or attorney who can act on the owner's behalf may sign a deed for the owner.

Kansas REALTORS® Repeal the State's Real Estate Transfer Tax The existing mortgage registration tax will be phased out over a five-year period beginning in January 2015 and ending in January 2019. At the end of this process, Kansas will become the 15th state in the nation with no real estate transfer tax.

Scriveners Affidavits are sworn statements by the person who drafted a deed. Unlike a Corrective Deed, a Scriveners Affidavit does not correct anything. Instead, it simply adds information to the property records to help clarify something about the prior deed.

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Nov 14, 2019 — ... the Corrective Deed corrects the documents relating to the prior transfer of interest. ... complete and record a deed quit claiming their interest ... Make sure the document meets all the necessary state requirements. · If available preview it and read the description before purchasing it. · Press Buy Now.III. CONVEYANCES OF FRACTIONAL MINERAL INTERESTS. 4. A. Describing the Interest Being Conveyed. 4. 1. Conveyances of Mineral Acres. Kansas Real Estate Sales Validation Questionnaire Exemptions If a Deed is: recorded prior to the effective date of this act; made solely for the purpose of ... 58-2273. Instruments purporting to cover mineral or royalty rights not owned by grantor; "mother hubbard" or other cover-all clauses. (a) When a recorded deed ... Mar 20, 2023 — A deed must include a complete and accurate legal description of the real estate. ... the right to transfer the property must sign a Kansas deed. Deeds and Affidavits of Equitable Interest must be accompanied by a Kansas Real Estate Validation Questionnaire or have the exemption number typed on the ... The division of property valuation supplies a three-part real estate sales validation questionnaire (form number PV-RE-23) which is required when an affidavit ... Apr 27, 2023 — Information about Kansas deed law, including Kansas quitclaim deed form, Kansas special warranty deed form, and Kansas warranty deed form. The Original Deed erroneously conveyed Grantor's entire interest in the mineral estate of the Property to the Grantee, when in fact, the Grantee had ...

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Kansas Correction to Mineral Deed As to Interest Conveyed