This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Virginia Title Curative refers to the process of resolving any defects, deficiencies, or issues related to the ownership or title of a property in the state of Virginia. This crucial step ensures that the title is cleared and marketable, allowing for a smooth transfer of ownership during real estate transactions. The goal is to address any outstanding challenges or uncertainties that may affect the property's legal rights and ownership. There are several types of Virginia Title Curative, each targeting specific issues that may arise in the title: 1. Virginia Quiet Title Action: This type of title curative is initiated when multiple parties claim ownership of the same property. Quiet Title Action seeks to establish a clear title by resolving any ownership disputes through a court proceeding. The court's decision determines the rightful owner and eliminates conflicting claims. 2. Virginia Tax Lien Curative: When a property has tax liens attached to it, the title is considered defective. The Virginia Title Curative process identifies and resolves any delinquent tax issues, ensuring that all property taxes are paid, and the liens are released. This is crucial to clear the title and establish marketable ownership. 3. Virginia Foreclosure Curative: In the case of a foreclosure, there may be instances where the foreclosure process was not executed correctly, leading to defects in the title. Virginia Title Curative addresses these issues, clearing any clouds on the title resulting from foreclosure and ensuring proper ownership transferability. 4. Virginia Probate Curative: When a property owner passes away, the title may become compromised due to improper estate planning or unresolved probate matters. Virginia Title Curative resolves these concerns by addressing any probate issues, properly transferring ownership, and clearing the title for marketable purposes. 5. Virginia Survey Curative: A survey curative addresses title defects resulting from inaccurate or incomplete property surveys. This type of title curative ensures the record accurately reflects the property boundaries and resolves any discrepancies found during the surveying process. Title curative actions usually involve thorough research, document review, and legal proceedings if necessary. Qualified professionals, such as title examiners, real estate attorneys, and title insurance companies, undertake this process to ensure a clear and marketable title for the property in Virginia. By resolving any title defects, Virginia Title Curative protects the interests of buyers, sellers, and lenders involved in real estate transactions.
