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 Puerto Rico Correction to Mineral Deed As to Interest Conveyed is a document used to rectify any errors or inaccuracies in a previously recorded mineral deed in Puerto Rico. It is essential for ensuring the proper transfer of interests in mineral rights and maintaining accurate ownership records. This type of correction can be necessary when there are mistakes in the original mineral deed, such as misspelled names, incorrect legal descriptions, or inaccurately conveyed interests. By filing a Puerto Rico Correction to Mineral Deed As to Interest Conveyed, the parties involved can legally correct these errors and clarify the intended ownership interests. Common types of Puerto Rico Correction to Mineral Deed As to Interest Conveyed may include: 1. Corrections in Names: This type of correction involves rectifying any misspelled or incorrectly written names of the granter(s) or grantee(s) in the original mineral deed. 2. Corrections in Legal Descriptions: In some cases, the legal description of the property, including its boundaries and dimensions, may have been inaccurately stated in the original mineral deed. This type of correction ensures that the legal description is corrected to accurately represent the intended property. 3. Corrections in Interests Conveyed: If there were errors in the conveyed interests, such as misunderstanding or misinterpretation of the percentage ownership or different types of mineral interests, a correction deed is filed to accurately reflect the intended interests of each party involved. 4. Corrections in Signatures or Acknowledgments: Occasionally, errors can occur in the signatures or acknowledgments of the mineral deed. This type of correction ensures that these formalities are accurately represented to maintain the validity of the document. 5. Corrections in Recording Information: If the original mineral deed was recorded with incorrect or incomplete recording information, such as the book and page number, this type of correction allows for accurate recording of the document. Filing a Puerto Rico Correction to Mineral Deed As to Interest Conveyed is a crucial step in maintaining accurate mineral rights ownership records. It helps to avoid potential disputes and ensures that the intended interests of all parties involved are properly reflected in official records. It is advisable to consult with a qualified attorney or experienced professional to guide you through the process and ensure compliance with Puerto Rico's legal requirements.
