Nebraska Correction to Mineral Deed As to Interest Conveyed

State:
Multi-State
Control #:
US-OG-314
Format:
Word; 
Rich Text
Instant download

Description

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.

Nebraska Correction to Mineral Deed As to Interest Conveyed: Detailed Description and Types Keywords: Nebraska, correction, mineral deed, interest conveyed, types A Nebraska correction to mineral deed as to interest conveyed refers to a legal document that amends or rectifies errors or omissions present in an original mineral deed pertaining to the conveyed interest in mineral rights within the state of Nebraska. This instrument is used to ensure accuracy, clarity, and transparency in property transactions. The types of Nebraska correction to mineral deed as to interest conveyed include: 1. Clerical Errors: This type of correction is necessary when there are typographical mistakes, misspellings, or other clerical errors in the original mineral deed. Examples include incorrect legal descriptions, inaccurate acreage figures, or mistakes in the names of the parties involved. 2. Omission of Interests: In this case, the correction to the mineral deed is required when certain mineral interests were not properly conveyed or transferred in the original document. It may involve a missed interest, fractional interest, or a specific mineral right not mentioned in the initial deed. 3. Incorrect Conveyance Language: Sometimes, the language used in the original mineral deed may create ambiguity or confusion regarding the extent of the interest conveyed. This type of correction ensures that the language is clear and accurately represents the intended conveyance. 4. Chain of Title Issues: Correction to the mineral deed may be necessary to resolve chain of title issues that could affect the validity or enforceability of the conveyed interest. These issues may include discrepancies in previous conveyances or errors in the recording of deeds, requiring corrective action to establish a clear and marketable title. 5. Property Boundary Adjustments: If there have been changes in property boundaries, such as subdivisions or land surveys, a correction to the mineral deed may be required to reflect these adjustments accurately. This ensures the conveyed interest matches the updated legal descriptions and boundaries. 6. Signature or Execution Errors: In some cases, there may have been errors in the signatures or execution of the original mineral deed, rendering it legally invalid or unenforceable. A correction is necessary to rectify these errors and ensure the parties involved properly execute the deed. It is crucial to consult with a qualified attorney or legal professional when preparing a Nebraska correction to mineral deed as to interest conveyed, as specific legal requirements and procedures must be followed. These corrections are important to maintain the authenticity and accuracy of property records, protect the rights of all parties involved, and ensure a smooth and lawful transfer of mineral interests in Nebraska.

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FAQ

General Warranty Deed A general warranty deed is the gold standard of property transfers. This type of deed is overwhelmingly used in residential purchases. Most lenders require a warranty deed for properties they finance. It offers buyers the greatest possible protection from future claims against the title.

In order to correct an error on a California deed, you will need to revise or modify the language in the deed to remove the error. If your deed has been signed and recorded, you will need to complete a Correction Deed or a Scrivener's Affidavit to correct the error.

To remove a person from your title, you need to complete the quitclaim deed or warranty deed form. In this form, you will be requested to provide certain information such as: The full names of persons involved in the transfer of ownership (i.e yourself and the person you are transferring ownership to).

Steps to fixing an incorrect deed Determine if the error is harmless or fatal to the transfer of title. Decide what instrument is best suited to the error. Draft a corrective deed, affidavit, or new deed. Obtain the original signature(s) of the Grantor(s). Re-execute the deed with proper notarization and witnessing.

A scrivener's affidavit is an affidavit made by a scrivener or (in more modern terms) the preparer of the deed. In layman's terms, when a deed has certain technical defects or factual inaccuracies, a scrivener's affidavit is a good way to fix those defects and inaccuracies.

A Corrective Deed is a special type of deed used to fix problems in deeds that have already been recorded. Unlike other types of deeds that transfer interests in real estate, a Corrective Deed does not create a new interest.

More info

Nebraska adjusted basis, defined; trade in or property; how treated. 77-119 ... deed; presumptive evidence of certain facts. 77-1843. Real property taxes ... Jun 24, 2014 — A thorough probate attorney would have prepared deeds to actually deed the minerals from the estate to the heirs, and filed them in Nebraska. I ...Oct 29, 2018 — Errors in a deed may create uncertainty about the title. Executing and recording a correction document is an easy way to prevent this. 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 ... Mar 15, 2023 — The final step is to add an explanation for the correction. This provides third parties with a simple statement of why the Corrective Deed is ... 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 ... A severed mineral interest shall be abandoned unless the record owner of such mineral interest has within the twenty-three years immediately prior to the filing ... ... 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 ... BASIC OIL AND GAS FORMS PROGRAM · Correction to Mineral Deed (As to Interest Conveyed) · Gift Deed of Mineral Interest (With no Warranty) · Mineral Deed (Reserving ... fraction designated in a reservation clause is stated to be a mineral interest in land conveyed by the deed, the fraction is to be calculated upon the ...

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Nebraska Correction to Mineral Deed As to Interest Conveyed