Presentation is loading. Please wait.

Presentation is loading. Please wait.

Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202 Title Issues Affecting Oil & Gas Leases Presented by Kristin A. Hauptman, Esq.

Similar presentations


Presentation on theme: "Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202 Title Issues Affecting Oil & Gas Leases Presented by Kristin A. Hauptman, Esq."— Presentation transcript:

1 Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO Title Issues Affecting Oil & Gas Leases Presented by Kristin A. Hauptman, Esq. Hackstaff Law Group, LLC

2 Title Issues Affecting Oil & Gas Leases Landowner Title/Vesting Reservation of Oil, Gas & Minerals Third-Party Property Rights Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202

3 Title Issues Affecting Oil & Gas Leases Landowner Title/Vesting Scenario 1: Name Variations C.R.S. § (b) (2003) Presumed same person: Lisa M. Trout / Lisa Trout Not Presumed Same Person: Lisa Marie Trout / Lisa Trout (See the following 2 slides for additional examples of name variations presumed to be the same person and name variations not presumed to be the same person.) Hackstaff Law Group, LLC 1601 Blake Street, Suite 310, Denver, CO 80202

4 Title Issues Affecting Oil & Gas Leases _____________________________ Scenario 1: Name Variations (continued) C.R.S. § (b), on and after 8/6/03: Presumed same person (a)Lisa Trout / L. Trout (b)Lisa Trout / L. M. Trout (c)Lisa Marie Trout / Lisa M. Trout (d)L. M. Trout / L. Trout (e)Lisa M. Trout / Lisa Trout (f)Lisa Marie Trout / L. M. Trout (g)L. Marie Trout / Lisa M. Trout (h)Lisa M. Trout / L. Trout (i)L. M. Trout / Lisa Trout (j)L. M. Trout / Marie Trout (k)L. Marie Trout / M. Trout Note : Before 8/6/03, C.R.S. § (b) cures the name variations set forth in (a) through (e), if the 2 instruments creating the name variation have been of record for more than 3 years, and cures the name variations set forth in (f) through (k), if the 2 instruments creating the name variation have been of record for more than 20 years. Hackstaff Law Group, LLC 1601 Blake Street, Suite 310, Denver, CO 80202

5 Title Issues Affecting Oil & Gas Leases ______________________________ Scenario 1: Name Variations (continued) C.R.S. § (b): Not presumed same person Lisa Marie Trout / Marie Trout Lisa M. Trout / M. Trout L. M. Trout / M. Trout L. Marie Trout / Marie Trout Lisa Marie Trout / Lisa Trout Lisa Marie Trout / L. Trout L. Marie Trout / L. Trout L. Marie Trout / Lisa Trout L. Trout / M. Trout Hackstaff Law Group, LLC 1601 Blake Street, Suite 310, Denver, CO 80202

6

7

8 Title Issues Affecting Oil & Gas Leases Landowner Title/Vesting Scenario 2: Name Variations F.C. Dow, Jr. / Campbell Dow C.R.S. § Affidavits When Grantor and Grantee are the same person and no name variation statute applies. Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202

9

10

11 Title Issues Affecting Oil & Gas Leases Landowner Title/Vesting Scenario 3: Death of Tenant in Common C.R.S. § (1) Title will vest in two or more persons as tenants in common unless joint tenancy is declared. Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202

12

13

14 Title Issues Affecting Oil & Gas Leases Landowner Title/Vesting Scenario 4: A Will is Not a Deed Without words of conveyance, an instrument passes no title. 2 G EORGE E. R EEVES, C OLORADO R EAL P ROPERTY L AW § (2d ed. 2013). An instrument intended to be effective after death is a will, not a deed. Dunham v. Armitage, 48 P.2d 797 (Colo. 1935). Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202

15


Download ppt "Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202 Title Issues Affecting Oil & Gas Leases Presented by Kristin A. Hauptman, Esq."

Similar presentations


Ads by Google