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.
Mississippi Correction to Mineral Deed As to Interest Conveyed is a legal document used in the state of Mississippi to rectify any errors or updates made to a previously recorded mineral deed. This correction is necessary when there is a need to revise or clarify the interest conveyed in the original mineral deed. The purpose of a correction to a Mississippi Mineral Deed as to Interest Conveyed is to ensure that the recorded deed accurately reflects the intended ownership of mineral rights. This correction may be required due to various reasons, including a typographical error, omission, or a change in the ownership structure. There are different types of Mississippi Correction to Mineral Deed As to Interest Conveyed, depending on the nature of the error or update being addressed. These types may include: 1. Correcting Typographical Errors: If there was a mistake in the spelling of names, legal descriptions, or any other textual errors within the previously recorded mineral deed, a correction is necessary to rectify these errors. 2. Clarifying Ownership Interests: In situations where the interest conveyed in the original mineral deed was unclear or ambiguous, a correction is needed to provide a clear and definite statement of the ownership interests. 3. Updating Changes in Ownership: If there have been subsequent changes in the ownership structure of the mineral rights, such as transfers, sales, or inheritance, a correction to the mineral deed is required to reflect the updated ownership information accurately. 4. Rectifying Omissions: If the original mineral deed failed to include certain mineral rights or interests that should have been conveyed, a correction is necessary to add or include these omitted interests. To initiate the correction process, the party seeking the correction must file a Mississippi Correction to Mineral Deed As to Interest Conveyed form with the appropriate county clerk's office where the original mineral deed was recorded. This form typically requires the identification of the original mineral deed, a detailed explanation of the error, and a clear statement of the correction being made. It is crucial to complete the correction process promptly to avoid any potential complications or disputes regarding ownership rights. Seeking legal advice or assistance from a qualified professional experienced in Mississippi real estate law is highly recommended ensuring the correction is done accurately and in compliance with all relevant regulations. In conclusion, a Mississippi Correction to Mineral Deed As to Interest Conveyed is a legal mechanism used to rectify errors or updates in a previously recorded mineral deed. Various types of corrections may be necessary, including addressing typographical errors, clarifying ownership interests, updating changes in ownership, or rectifying omissions. Seeking legal assistance is advisable to navigate the correction process correctly.
