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.
Montana Correction to Mineral Deed As to Interest Conveyed
Category:
State:
Multi-State
Control #:
US-OG-314
Format:
Word;
Rich Text
Instant download
Description
How to fill out Correction To Mineral Deed As To Interest Conveyed?
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FAQ
The ensuing Sevier and Lara- mide orogenies brought deformation, metamorphism, and plutonic activity to much of western and central Montana, along with a rich and diverse inventory of hydrothermal mineral deposits.
Montana is the only producer of palladium & platinum. Leads in talc production & is a major producer of copper/molybdenum, garnets, silver. It produces bentonite, common clays, construction sand/gravel, crushed/dimension stone, gold, lime, gemstones.
Surprisingly, these materials may or may not belong to the surface owner. Millions of acres of private land in the Montana/Dakotas region involve a split estate; where the surface ownership is private but the mineral rights are retained by the federal government or other entities.
The grantor must sign a quitclaim deed and acknowledge it before a notary public. The grantor then records the deed with the Clerk and Recorder in the county where the real property is located. Recording a quitclaim deed provides notice to all subsequent mortgagees and purchasers there is a new owner of the property.
The state is rich in both fossil fuels and renewable resources. About three-tenths of the nation's estimated recoverable coal reserves are in Montana, and the northern and eastern areas of the state contain deposits of crude oil and natural gas.
Agate is one of Montana's two official state gemstones; the other is the world-famous Yogo sapphire. Both were adopted as Montana's official state geological symbols in 1969. While not technically a gemstone, agate represents the geology and economy of Montana well.
Mineral materials includes but is not limited to, petrified wood and common varieties of sand, stone, gravel, pumice, pumicite, cinders, and clay.
Montana Moss Agate and Dryhead Agate have a popularity that extends far beyond the borders of the state. Numerous other gem materials have been produced in Montana. These include: jasper, garnet, varieties of quartz, rhodonite, serpentine, staurolite, topaz, tourmaline, and wonderstone.
