Texas Supreme Court Rules on Correction Deeds in a Case of First Impression
Energy & the Law
JUNE 2, 2021
2013: Broadway Bank, John, and the original grantees of the 2005 deed execute a second correction deed, again attempting to change the fee interest to a life estate. A dispute arises: Did the royalty interests conveyed to Yates vest in the remaindermen in the 2013 correction deed or did Yates and its successors obtain a fee interest.
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