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.
South Dakota Correction to Mineral Deed As to Interest Conveyed is a legal document that allows for the correction and clarification of any errors or inaccuracies in a previously recorded mineral deed regarding the conveyance of ownership interests in mineral rights in South Dakota. This correction is necessary to ensure the accurate transfer of interests and to maintain the integrity of property ownership records. There are several types of South Dakota Correction to Mineral Deed As to Interest Conveyed, including: 1. Correction of Clerical Errors: This type of correction is used when there are typographical errors, misspellings, or other minor mistakes in the original mineral deed. It is important to rectify these errors to avoid any confusion or disputes over ownership rights. 2. Correction of Legal Description: In this case, the correction is required to fix any inaccuracies or ambiguities in the legal description of the property outlined in the original mineral deed. This correction ensures that the property boundaries are correctly detailed and accurately reflect the intended conveyance of rights. 3. Correction of Fractional Interest: If there is an error in the conveyance of fractional interests in mineral rights, a correction to the mineral deed is necessary. This correction adjusts the ownership percentages to accurately reflect the intended transfer of fractional interests. 4. Correction of Granter/Grantee Information: If there are mistakes in the identification of the granter (seller) or grantee (buyer) in the original mineral deed, a correction is needed to rectify the errors. This ensures that the correct parties are reflected in the ownership records and that future transactions are properly documented. The purpose of South Dakota Correction to Mineral Deed As to Interest Conveyed is to provide a legal mechanism to rectify any mistakes or inaccuracies in the original mineral deed, thereby ensuring the accurate transfer of ownership interests in mineral rights. By addressing and correcting these errors promptly, potential disputes or complications regarding property ownership can be avoided, providing clarity and peace of mind to all parties involved.
