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§ 905. Affidavit of termination, expiration or cancellation

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 58 P.S. Oil and GasEffective: December 22, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 58 P.S. Oil and Gas (Refs & Annos)
Chapter 14. Recording of Surrender Documents from Oil and Natural Gas Lease Act (Refs & Annos)
Effective: December 22, 2014
58 P.S. § 905
§ 905. Affidavit of termination, expiration or cancellation
Currentness
(a) Contents of affidavit.--An affidavit of termination, expiration or cancellation of an oil or natural gas lease shall contain the following information:
(1) The names and addresses of the lessor and lessee.
(2) The municipality in which the land is located and a brief description of the land.
(3) If located in a unit, the name or description of the unit, if known to the lessor.
(4) If there is a well on the land, the name or number of the well if known to the lessor.
(5) The date of the execution of the oil or natural gas lease.
(6) The date of termination, expiration or cancellation of the oil or natural gas lease.
(7) A statement that the lessor complied with its duty to serve a notice to the lessee under section 4(a)1 and that the lessee failed to provide a timely challenge to the notice as provided by section 4(c).
(8) A notarized signature of the lessor.
(b) Duty of recorder of deeds.--A recorder of deeds who receives an affidavit of termination, expiration or cancellation that satisfies the provisions of this section shall record the affidavit.

Credits

2014, Oct. 22, P.L. 2526, No. 152, § 5, effective in 60 days [Dec. 22, 2014].

Footnotes

1
58 P.S. § 904.
58 P.S. § 905, PA ST 58 P.S. § 905
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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