Division Orders have long been used as a means of identifying ownership and documenting the payment of royalty on sales of oil and/or gas by the purchaser of production, or … Continue reading “DIVISION ORDERS”
Month: November 2009
RECORDING STATUTES – ESTABLISHING TITLE TO PROPERTY PURCHASED
Recording a document transferring title to property is a means of giving “constructive” notice of real property ownership. States have adopted various statutes for recording transfers of real property … Continue reading “RECORDING STATUTES – ESTABLISHING TITLE TO PROPERTY PURCHASED”
EASEMENTS / ACCESS
An easement gives the right to use or control the land or an area above or below the land for a specific purpose. In connection with the use of … Continue reading “EASEMENTS / ACCESS”
SURFACE USE / EASEMENTS
There has always been conflict between those who own the surface of the property and those who own the minerals, when the ownership is different. While some states have passed … Continue reading “SURFACE USE / EASEMENTS”
THE OPEN MINE DOCTRINE
The Open Mine Doctrine applies to property in which a life estate has been created, and there is a life tenant and remaindermen to the ownership. The common law … Continue reading “THE OPEN MINE DOCTRINE”
WHO OWNS THE INTEREST?
In view of the differences in laws in the various states, a question often arises as to who owns a mineral or royalty interest, and who must sign a deed … Continue reading “WHO OWNS THE INTEREST?”
