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.
Kentucky Correction to Mineral Deed As to Interest Conveyed
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US-OG-314
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How to fill out Kentucky Correction To Mineral Deed As To Interest Conveyed?
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To create a correction deed, prepare a copy of your originally-recorded deed. Next to the title, add the words ?Corrective? or ?Correction.? Then, comb through the original deed and proceed to fix any errors that were made.
These words of conveyance, also termed words of grant or operative words, constitute the granting clause of the deed. Depending on the jurisdiction, the interest being conveyed and the warranties given by the grantor, these words are: "grant and convey" "grant, bargain, and sell"
The State of California allows property owners to correct their deeds using one of two ways: an affidavit or a correction deed. Keep reading to find out when to use a scrivener's affidavit and when to use a corrective deed in California.
A quitclaim deed is a deed by which a grantor transfers only the interest the grantor has at the time the conveyance is executed. The grantor is not promising anything other than that they are giving up their own rights, if any.
If the trial court finds the grantor intended the deed to take effect at some point in the future, or if the trial court finds the grantor thought the deed would not be effective until some subsequent act was performed, then there was no delivery and the deed is void and ineffective.
If your name is on a deed to a house, then that means that you are the property owner. Having your name on a deed means that you have property title, which represents a set of rights you have as a homeowner.
Transfers of real property must be in writing and notarized. Deeds should be recorded in the county where the property is located. To ensure a legal change to the property title, you'll want the services of an attorney. A qualified attorney will prepare and file the real estate transfer deed.
Forged deeds, mortgages, satisfactions, or releases. Deed by person who is insane or mentally incompetent. Deed by minor (may be disavowed) Deed from corporation, unauthorized under corporate by-laws or given under falsified corporate resolution.
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Make sure the document meets all the necessary state requirements. · If available preview it and read the description before purchasing it. · Press Buy Now. A deed of correction does not convey interest in land. It is important to note that the original grantor (seller) and grantee (buyer) must be the same in the ...A deed of correction does not convey interest in land. It is important to note that the original grantor and grantee must be the same in a deed of correction. The General Mineral Deed in Kentucky transfers oil, gas, and mineral rights from the grantor to the grantee. THIS IS NOT A LEASE. There are no Exceptions or ... A mineral deed conveys the rights to subsurface land or profits. Quitclaim Deed. A quitclaim deed conveys whatever interest the grantor has in the property, as ... Aug 21, 2018 — Hundreds of thousands of acres of oil and gas interests that had been severed pursuant to broad form deeds in Eastern Kentucky were conveyed to ... 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 ... ... Complete this form in 5 minutes or less. Get form. People also ask. Is a royalty interest a mineral interest? A quick overview of the differences between ... by W Gilmer Jr · Cited by 2 — The mineral rights in and to the hereinafter described land being conveyed to the said W. M. Babb, his heirs and assigns, the following described real estate ... The court held that because the Wilsons conveyed the 1/8 mineral interest to the grantee by warranty deed without mentioning the outstanding 6.5% royalty ...
