Jun 26, 2022  
2019-2020 Catalog 
    
2019-2020 Catalog [ARCHIVED CATALOG]

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LND 105 - Fundamentals of Title Abstracting


Credits: 4
4 Lecture Hours

Prerequisites: LND 101  and LND 102  
Co-requisites: LND 103  

Description
This course is a study of the principles of property title abstracting. The student will understand the process of being able to provide the chain of title for a tract of land including the surface, oil, gas, coal and minerals, as well as the leasehold chain for the property and providing any and all encumbrances on the property.
Learning Outcomes
Upon successful completion of the course, the student will:

  1. Provide the Chain of Title for the surface estate.
  2. Provide the Chain of Title for the subsurface estates.
  3. Provide the Leasehold Chain of a tract of land.
  4. Prepare a runsheet and schematic chart.
  5. Provide a deed plot for the legal description of property.
  6. Determine well status, location and production using the Ohio Department of Natural Resources (ODNR), Pennsylvania Department of Environmental Protection (PADEP) and West Virginia Department of Environmental Protection (WVDEP) websites.
Listed Topics
  1. Deeds
  2. Oil and gas leases including assignments of lease and surrender of lease
  3. County recorder indices
  4. Property tax cards
  5. Mortgages
  6. Judgments and liens
  7. Estates
  8. Deed plotting
  9. Easements and Right of Ways
  10. Pooling and unitization agreements
  11. Power of attorney
  12. Affidavit of non-production
  13. Butler vs. Powers Estate
  14. Ohio Dormant Mineral Act
Reference Materials
Instructor-approved textbook and materials, deed plotting software, state government interactive websites, county recorder online indices
Approved By: Bullock, Quintin Date Approved: 03/03/2015


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