LANDMANQUIZ

LandmanQuiz designed the Practice Quiz to give examples of questions found on the Complete Basic Qualification.  Land Professionals such as title analysts, division order analysts, lease analysts, curative analysts, regulatory analysts and more rely on the knowledge required to answer the following questions.  LandmanQuiz makes no requirements for membership or quiz completion with LandmanQuiz other than those described.  All land professionals and those interested in the land profession are welcome to participate in LandmanQuiz offerings.  We especially welcome any current college students enrolled in a land profession related program.  Jump start your career early.  

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1.  The clause in which a mineral owner states they have good title to the mineral
estate is best defined as a:

A) Warranty Clause 

B) Bearing Clause 

C) Assurance Clause

D) Perpetuation Clause.

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2.   Which document is used to combine federal leases with other lands to create a
drilling unit?

A) Continuous Term Agreement.
B) Communitization Agreement.
C) Commingling Agreement.
D) Combination Agreement.

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3.   What is the legal doctrine that grants a severed mineral owner the right to
produce hydrocarbons, even under objection from a surface owner?

A) Principle Owner Doctrine.
B) Prior Severance Doctrine.
C) Dominant Estate Doctrine.
D) Duhig Rule.

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4.   The right for a Lessee to enter lands to develop oil and gas is best defined as:

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A) Accretion and Avulsion.

B) Ingress and Egress.

C) Avulsion and Egress.

D) Ingress and Regress.

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5.   In a division order title opinion, in the case where the title attorney discovers a
curative issue, the attorney presents a detailed explanation about the property
issue in what part of the title opinion?

A) Comments and Requirements.
B) Materials Examined.

C) Admonitions and Recriminations.
D) Due Diligence.

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6.   If Mr. Duhig were alive today, what would he do differently?

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A) Make sure the document was notarized.
B) Except prior reservations and then reserve his minerals.
C) Convey mineral rights with special warranty language.
D) Include a drilling obligation in all oil and gas leases.

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7.   Which doctrine prohibits a landowner from draining the hydrocarbons from an
adjacent owner without compensation?

A) Rule of Allotment.

B) Correlative Rights.

C) Non-Exclusive Participation.
D) Strip and Gore.

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8.   Tenants in Common refers to:

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A) Multiple parties that own part of the same property.
B) The parties that agree to pay for a rental agreement.
C) People that live or occupy the same physical structure.
D) Public and private land partnerships.

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9.   Peter owns 70 Net Mineral Acres. John owns half of the mineral rights in the
Southwest Quarter. Together, how many net mineral acres do they own?

A) 150

B) 160

C) 120

D) 130

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10.   The words ". . . by, through, and under . . ." are most commonly associated with:

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A) Judgments.

B) Mortgages.

C) Liens.

D) Special Warranty.

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11.   Which document does not pass after acquired title?

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A) Quit Claim Deed.

B) Warranty Deed.

C) Special Warranty Deed.

D) Sheriff's Deed.

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12.   An in-house landman is tasked with pooling a spacing unit involving both federal
and fee mineral rights to be filed with the BLM. What type of document will the
landman file with the BLM?

A) Operations Agreement.

B) Transfer of Operating Rights.
C) Communitization Agreement.
D) Exploratory Unit. 

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13.   John owns 100 NMA. He conveys all right, title and interest to Steve, reserving
an undivided 50% of the mineral rights. Steve later conveys all right, title, and
interest to David, "reserving 50% of the mineral rights". After these documents,
who owns what?

A) John owns 100 NMA.

B) John owns 50 NMA, Steve owns 25 NMA and David owns 25 NMA.
C) David owns 50 NMA and Steve owns 50 NMA.
D) John, Steve, and David own the same NMA.

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14.   Assume a mineral owner's interest has a tract factor of 0.2 under a 1000 acre
spacing unit with a 15% royalty interest on the oil and gas lease. What is an
accurate statement?

A) The mineral owner will receive 15% of the royalty from production in the spacing unit.
B) The mineral owner must pay its share of drilling costs.
C) The mineral owner owns at least 200 NMA.
D) The mineral owner's lease contains 80% Working Interest.

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15.   A lessor is concerned about their liability for damages in case the oil company
destroys their neighbor's crops during oil and gas operations. Joe Landman
smiles and shows the lessor the clause in the lease that best addresses their
concerns.

A) Warranty Clause.

B) Indemnity Clause.

C) Exclusionary Clause.

D) Force Majeure Clause.

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CONCLUSION OF FREE LANDMANQUIZ PRACTICE QUIZ, PLEASE SUBMIT TO admin@landmanquiz.com.  

 

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