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Title Abstractor Training CourseTitle Abstractor Training Course

Title Abstractor Training Course

Check back for dates for Parts 1 and 2 of the course.

Courses will be held at California University’s conveniently located Southpointe Center.

The cost of each Part of the Training is $1250 (books and materials not included).  If you register for and attend both Parts 1 and 2 you will receive a 10% discount off the fee for the second part of the series.

This course will be offered online in the future for those who can’t attend in person.

For more information regarding this training program please contact Hope Coddington Haywood at 724-938-4763.

Course Information

Part I - Introduction to Oil and Gas Abstracting Skills

After completing the course the student will possess the skills and knowledge to ……   During the course the student will develop a portfolio that contains…..

PART ONE - INTRODUCTION TO OIL AND GAS ABSTRACTING SKILLS

  • Basic Real Estate Law
  • Basic contract law
  • Theories of ownership, mineral deeds royalties
  • Types of deeds
  • The oil and gas lease (An introduction)
  • Continuation of the area of oil and gas leases, including extensions, surrenders, assignments
  • Surveys, property descriptions, introduction to deed plotting
  • Deed plotting exercise, look at "gas" maps
  • The title search
  • Title search continued
  • Preparing a title report
  • Introduction to and Preparation of Runsheets
  • Courthouse fieldtrip
  • Ethical issues

Part II- Advanced Oil and Gas Abstracting Skills

After completing the course the student will possess the skills and knowledge to ……   During the course the student will develop a portfolio that contains…..

Part II- Advanced Oil and Gas Abstracting Skills

  • Introduction to title opinions and title defects. 
  • Reading a title opinion
  • Estates and probate issues
  • Heirs and heirship searches
  • Basic Information on oil and gas royalties and royalty issues
  • Calculation of royalty interests and calculations
  • The ownership reports
  • Preparation of a royalty report
  • Severed oil and gas rights and the "reverse titles"
  • Title curative issues
  • Due Diligence
  • Lease analysis
  • Brief introduction to leasing negotiating process
  • putting all of the pieces together