# What does this confusing percent breakdown mean in this deed?

**URL:** https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442
**Category:** Ownership and Title
**Created:** [September 23, 2023, 2:23am UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442 "2023-09-23T02:23:14Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![filmore](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/7993a0/32.png) [@filmore](https://www.mineralrightsforum.com/u/filmore)
#### Post date: [September 23, 2023, 2:23am UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442/1 "2023-09-23T02:23:14Z")

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I’m looking through some deeds for an estate and I can’t figure out this one. I think there are a few typos or incorrect percent notations in this interest breakdown:

“one-sixth (1/6) of forty percent (40%) of 3.125% percent or .0020833%”

![](https://www.mineralrightsforum.com/uploads/db5755/optimized/3X/b/9/b984f1d639cceb6e5cd7b33c7ad15621560b491a_2_690x61.png)Why do they say “3.125% percent”? Or should it have been “3.125%” or “3.125 percent”? What does it mean when there’s both the “%” symbol and “percent” (3.125 percent percent?)

And is the interest percentage .0020833% or .20833%? If it’s ‘.0020833%’, then that would mean a ‘.000020833’ fractional interest.

I would think the calculation should be:

(.4 \* .03125) / 6 = .0020833

That .0020833 fraction would be equivalent to .20833%.

Were there math errors in how this was written or is this normal nomenclature?

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### Author: ![Steve\_Durrett](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/8baadc/32.png) [@Steve\_Durrett](https://www.mineralrightsforum.com/u/Steve_Durrett)
#### Post date: [September 23, 2023, 5:49pm UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442/2 "2023-09-23T17:49:48Z")

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Your math is correct. This may simply be a typo. If this is causing a problem, you should get a title attorney to file a curative memo.

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### Author: ![Bob77](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/c37758/32.png) [@Bob77](https://www.mineralrightsforum.com/u/Bob77)
#### Post date: [September 23, 2023, 11:53pm UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442/3 "2023-09-23T23:53:40Z")

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The typo is 3.125% percent, they shouldn’t have added percent. But it’s rather straightforward, 3.125% is the interest conveyed = 0.03125 x 0.40 (40 percent) / 6 (1/6) = 0.0020833 aka 0.20833%. 0.20833 = 20.833%. You definitely don’t need a title attorney to file a curative memo.

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### Author: ![JR.Ewingish](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jr.ewingish/32/18506_2.png) [@JR.Ewingish](https://www.mineralrightsforum.com/u/JR.Ewingish)
#### Post date: [September 24, 2023, 12:08am UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442/4 "2023-09-24T00:08:45Z")

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Yes, there are some typos and incorrect percent notations in the interest breakdown you provided.

- “3.125% percent” should be “3.125 percent” or simply “3.125%”.
- “one-sixth (1/6) of forty percent (40%) of 3.125% percent or .0020833%” should be “one-sixth (1/6) of forty percent (40%) of 3.125 percent, or 0.0020833%”.

The word “percent” means “out of one hundred”, so it is redundant to say “3.125% percent”. It is also incorrect to use both the % symbol and the word “percent” in the same notation.

The correct calculation for the interest percentage is:

```auto
(.4 * .03125) / 6 = .0020833

```

This is equivalent to 0.20833%.

Therefore, the interest percentage should be written as **0.20833%** , not **.0020833%**.

It is possible that the person who wrote the deed was simply making a careless mistake. However, it is also possible that they were not familiar with the correct nomenclature for percentages.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 22, 2023, 2:23am UTC](https://www.mineralrightsforum.com/t/what-does-this-confusing-percent-breakdown-mean-in-this-deed/72442/5 "2023-12-22T02:23:23Z")

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