Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
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Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202 • Title Issues Affecting Oil & Gas Leases • Presented by • Kristin A. Hauptman, Esq. • Hackstaff Law Group, LLC
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Title Issues Affecting Oil & Gas Leases Presented by Kristin A. Hauptman, Esq. Hackstaff Law Group, LLC. Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202. Title Issues Affecting Oil & Gas Leases. • Landowner Title/Vesting • Reservation of Oil, Gas & Minerals - PowerPoint PPT Presentation
Transcript of Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
• Title IssuesAffecting Oil & Gas Leases
• Presented by• Kristin A. Hauptman, Esq.• Hackstaff Law Group, LLC
Title IssuesAffecting 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
Title IssuesAffecting Oil & Gas Leases• Landowner Title/Vesting
Scenario 1: Name Variations
C.R.S. § 38-35-116(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
Title IssuesAffecting Oil & Gas Leases_____________________________• Scenario 1: Name Variations (continued)• C.R.S. § 38-35-116(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. § 38-35-116(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
Title IssuesAffecting Oil & Gas Leases______________________________• Scenario 1: Name Variations (continued)• C.R.S. § 38-35-116(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
Title IssuesAffecting Oil & Gas Leases
• Landowner Title/VestingScenario 2: Name Variations
F.C. Dow, Jr. / Campbell Dow
C.R.S. § 38-35-109. Affidavits
When Grantor and Grantee arethe same person and no namevariation statute applies.
Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
Title IssuesAffecting Oil & Gas Leases
• Landowner Title/VestingScenario 3: Death of Tenant inCommon
C.R.S. § 38-31-101(1)
Title will vest in two or morepersons as tenants in commonunless joint tenancy is declared.
Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
Title IssuesAffecting Oil & Gas Leases
• Landowner Title/VestingScenario 4: A Will is Not a Deed
Without words of conveyance, aninstrument passes no title.
2 GEORGE E. REEVES, COLORADO REAL PROPERTYLAW § 16.4.10 (2d ed. 2013).
An instrument intended to beeffective after death is a will, nota deed.
Dunham v. Armitage, 48 P.2d 797 (Colo. 1935). Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202
