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.
A Michigan Correction to Mineral Deed As to Interest Conveyed is a legal document used to rectify any errors or omissions in a previously recorded mineral deed in the state of Michigan. This correction deed ensures that the interests conveyed in the original deed are accurately reflected and legally binding. It is important to promptly correct any mistakes in a mineral deed to prevent potential disputes or complications in the future. Michigan Correction to Mineral Deed As to Interest Conveyed typically involves correcting errors related to the extent or nature of mineral rights conveyed, discrepancies in the legal description of the property, misspelled names, or mistakes regarding the percentage of ownership. By filing this correction deed, the parties involved can provide a clear and unambiguous record of the corrected information. There are generally two types of corrections to a mineral deed as to interest conveyed: 1. Correction to Mineral Deed As to Extent of Interest Conveyed: This type of correction is applicable when the original mineral deed incorrectly states the specific extent or nature of the mineral rights conveyed. For instance, if the original deed erroneously mentioned a higher percentage of mineral rights than intended, this type of correction deed is used to rectify the error and accurately reflect the true extent of the conveyed interest. 2. Correction to Mineral Deed As to Description of Property: This type of correction deed is used when there are errors or discrepancies in the legal description of the property affected by the mineral deed. This may include inaccuracies in the metes and bounds description, incorrect lot numbers, or other typographical mistakes. By filing this correction deed, the parties ensure that the property's legal description is accurately stated, providing clarity and preventing any potential confusion or disputes. In both cases, it is crucial to consult with a qualified attorney or a real estate professional experienced in Michigan mineral rights law to ensure the correction process adheres to the specific legal requirements in the state. A correctly executed correction deed should be recorded with the appropriate county recorder's office to make the revised information officially available to the public. In conclusion, a Michigan Correction to Mineral Deed As to Interest Conveyed is a legal document used to rectify errors or omissions in a previously recorded mineral deed. By filing this correction deed, any discrepancies related to the extent of mineral rights conveyed or the description of the property can be accurately corrected and legally binding. Seeking professional advice is important to ensure compliance with Michigan mineral rights laws and procedures.
