Often times a memorandum is placed of record rather than the complete oil and gas lease. If that unrecorded lease is amended, the amendment will probably not be recorded. This notice, once filed of record, is constructive notice that the original lease has been amended, and places any party dealing with the lease, on notice, that there has been an amendment to the original lease.
A Michigan Notice of Amendment to Oil and Gas Lease Where Prior Lease Was Unrecorded and A Memorandum or Notice of Lease Was Placed of Record is a legal document used to modify or amend an oil and gas lease agreement in the state of Michigan. This notice is necessary when the original lease was not recorded with the county registry office and a memorandum or notice of the lease was subsequently placed of record. Keywords: Michigan, Notice of Amendment, Oil and Gas Lease, Unrecorded Lease, Memorandum, Notice, County Registry Office. Types of Michigan Notice of Amendment to Oil and Gas Lease Where Prior Lease Was Unrecorded and A Memorandum or Notice of Lease Was Placed of Record: 1. Notice of Amendment to Unrecorded Oil and Gas Lease: This type of notice is used when a prior oil and gas lease was never recorded with the county registry office. The notice specifies the amendments or modifications being made to the lease agreement. 2. Notice of Amendment to Recorded Memorandum of Lease: In cases where a memorandum or notice of the lease was placed of record, this notice is utilized to inform all concerned parties about the proposed amendments to the lease. The notice includes details about the recorded memorandum and highlights the modifications being made. 3. Combined Notice of Amendment: In certain situations, both an unrecorded lease and a recorded memorandum of lease may exist. In such cases, this combined notice is used to address both the unrecorded lease and the recorded memorandum, and to provide comprehensive information on the amendments made to the lease agreement. 4. Notice of Amendment to Recorded Notice of Lease: Occasionally, an original notice of lease may have been recorded instead of a memorandum. This type of notice is utilized when modifying an oil and gas lease that was initially recorded as a notice of lease with the county registry office. These various types of notices are essential for ensuring transparency, conformity, and clarity in oil and gas lease agreements in Michigan. They protect the rights and interests of both the lessor and lessee, while providing a legally binding framework for any modifications made.
