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Open Mine Doctrine and Life Estates 1.00 CEU

Open Mine Doctrine and Life Estates

This webinar will address the intersection of life estates and oil and gas development.  The webinar will cover an overview of life estates in real property and the relationship between the life tenant and the remainderman.  Second, the webinar will focus on working with life estates in the context of oil and gas development.  Participants will learn the requirements for taking leases covering lands subject to a life estate and how to distribute payments to owners of a life estate.  Finally, the webinar will provide an overview of the open mine doctrine and its application.

 

During the webinar, you will:

  • Learn the components of a life estate
  • Understand the requirements for taking leases covering lands subject to a life estate
  • Gain strategies for navigating payments to life tenants and remaindermen
  • Understand the Open Mine Doctrine and its application   
Credits:
1.00 CEU
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