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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. 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

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Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202

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  1. Title IssuesAffecting 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. Title IssuesAffecting Oil & Gas Leases • Landowner Title/Vesting Scenario 2: Name Variations F.C. Dow, Jr. / Campbell Dow C.R.S. § 38-35-109. 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

  7. Title IssuesAffecting Oil & Gas Leases • Hackstaff Law Group, LLC, 1601 Blake Street, Suite 310, Denver, CO 80202 • Landowner Title/Vesting Scenario 3: Death of Tenant in Common C.R.S. § 38-31-101(1) Title will vest in two or more persons as tenants in common unless joint tenancy is declared.

  8. Title IssuesAffecting Oil & Gas Leases • Landowner Title/Vesting Scenario 4: A Will is Not a Deed Without words of conveyance, an instrument passes no title. 2 GEORGE E. REEVES, COLORADO REAL PROPERTY LAW § 16.4.10 (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

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