double fraction problem

double-fraction problem. Oil & gas. A common ambiguity that arises when the owner of a fractional interest conveys or reserves a fractional interest. • For example, if the owner of an undivided half interest in minerals conveys “an undivided half interest in the minerals,” it is unclear whether the intention is to convey the owner’s entire half interest or half of the owner’s half interest.
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双语律师Jenna,国际知名法学院环境法专业,擅长翻译各类与环境、社会及管治 (ESG)相关的法律文件。
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