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.
Ohio Correction to Mineral Deed As to Interest Conveyed: A Detailed Description In Ohio, a correction to a mineral deed as to interest conveyed is a legal document used to rectify any errors or omissions made in a previously recorded mineral deed. It allows the granter or grantee to amend the deed and accurately reflect the true interests conveyed in mineral rights. This correction document is crucial in situations where errors have been identified in the original mineral deed, such as incorrectly stated property descriptions, misinterpreted mineral ownership percentages, or other mistakes that require clarification or adjustment. The correction to a mineral deed ensures that the recorded information aligns with the actual interests and rights held by the parties involved. By filing a correction to the mineral deed, the parties involved seek to provide clarity and accuracy in the public record, removing any uncertainties or discrepancies that may arise due to the original erroneous deed. This correction process aids in maintaining the integrity of the land and mineral rights records, minimizing potential conflicts and disputes. Different Types of Ohio Correction to Mineral Deed As to Interest Conveyed: 1. Correcting Property Description: This type of correction is used when there are inaccuracies or errors in the legal description of the property associated with the mineral rights. It ensures that the corrected property description is accurately reflected in the deed, eliminating any confusion or ambiguity. 2. Adjusting Mineral Ownership Percentages: In situations where the percentages of mineral ownership interests have been incorrectly stated in the original deed, this type of correction allows for the proper adjustment of these percentages. It helps rectify any discrepancies and ensures accurate ownership representation. 3. Rectifying Misspelled or Incomplete Names: If the names of the granters or grantees are misspelled or incomplete in the original mineral deed, a correction is necessary to accurately reflect the correct names. This ensures that the parties involved are correctly identified and their interests are recognized lawfully. 4. Revising Terms and Conditions: In some cases, there might be errors or inaccuracies in the terms and conditions stated in the original mineral deed, such as royalties or other contractual obligations. A correction to the mineral deed allows for the revision and correction of such terms, providing clarity and legal validity. It is important to consult legal professionals, such as attorneys or title companies, specializing in real estate and mineral rights transactions while preparing and filing a correction to the mineral deed. These professionals can guide individuals through the process, ensuring compliance with all relevant laws and regulations.
