eCourse
Lease Issues: Consent; plus Recorded Memoranda as Public Record
Contains material from Apr 2012
Lease Issues: Consent; plus Recorded Memoranda as Public Record
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Session 1: Lease Issues - Consent asked for but none received—the enforceability of consent to assignment or transfer provisions.
Session 2: Recorded Memoranda: Just as Good as the Whole Document? - For various reasons—often to avoid disclosure of terms to which one party or the other has agreed—oil and gas leases and other instruments are more and more frequently represented in the public records by brief memoranda that divulge little beyond the identity of the parties and the property affected. Does the recording of such a memorandum afford the same degree of constructive notice protection as the recording of the entire agreement would? What are the risks? What content should be considered essential to a memorandum prepared for recording purposes?
Session 2: Recorded Memoranda: Just as Good as the Whole Document? - For various reasons—often to avoid disclosure of terms to which one party or the other has agreed—oil and gas leases and other instruments are more and more frequently represented in the public records by brief memoranda that divulge little beyond the identity of the parties and the property affected. Does the recording of such a memorandum afford the same degree of constructive notice protection as the recording of the entire agreement would? What are the risks? What content should be considered essential to a memorandum prepared for recording purposes?
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1.
Lease Issues (Apr 2012)
Allen D. Cummings
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Session 1 —24 mins
Lease Issues (Apr 2012)
Consent asked for but none received—the enforceability of consent to assignment or transfer provisions.
Originally presented: Mar 2012 Oil, Gas and Mineral Law Institute
Allen D. Cummings,
Law Offices of Allen D. Cummings - San Antonio, TX
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2.
Recorded Memoranda: Just as Good as the Whole Document? (Apr 2012)
William B. Burford
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Session 2 —32 mins
Recorded Memoranda: Just as Good as the Whole Document? (Apr 2012)
For various reasons—often to avoid disclosure of terms to which one party or the other has agreed—oil and gas leases and other instruments are more and more frequently represented in the public records by brief memoranda that divulge little beyond the identity of the parties and the property affected. Does the recording of such a memorandum afford the same degree of constructive notice protection as the recording of the entire agreement would? What are the risks? What content should be considered essential to a memorandum prepared for recording purposes?
Originally presented: Mar 2012 Oil, Gas and Mineral Law Institute
William B. Burford,
Hinkle, Hensley, Shanor & Martin, L.L.P. - Midland, TX