Landman Ethics & Professional Conduct Flashcards
7 cards from real CPL practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Landman Ethics & Professional Conduct flashcards as text
Under the AAPL Standards of Practice, a landman who is uncertain about a legal question affecting a title should:
Answer: Recommend consulting a licensed attorney
Landmen must recognize the boundary between landman practice and the unauthorized practice of law, referring legal questions to attorneys.
Which ethical obligation applies when a landman represents both the buyer and seller in a mineral rights transaction?
Answer: Dual representation is prohibited without full disclosure and informed consent
Representing both parties creates a conflict of interest that requires full disclosure and informed written consent from both parties before proceeding.
A CPL learns that a colleague submitted a fraudulent title opinion. What is the appropriate course of action?
Answer: Report the conduct through appropriate channels, including the AAPL if necessary
Reporting known professional misconduct is an ethical duty that protects the integrity of the profession and the public.
How does the AAPL Code of Ethics address the responsibility of a landman to stay current with industry standards and regulations?
Answer: Landmen have an ethical duty to maintain and improve professional competence
The AAPL Code requires members to maintain professional competence through ongoing education and awareness of industry developments.
When preparing a run sheet for a client, a landman discovers a gap in the chain of title. Ethically, the landman should:
Answer: Document the gap accurately and advise the client accordingly
Accurate documentation and full disclosure of title defects is a core ethical obligation that protects the client's interests and the landman's integrity.
What does 'fairness to all parties' require of a landman in a pooling agreement negotiation?
Answer: Presenting accurate information and not using deceptive tactics against opposing parties
Fairness requires honest dealing and prohibits using deceptive or manipulative tactics even when zealously representing a client.
A landman suspects that a title examiner's report contains errors that may have been intentional. The landman's ethical duty is to:
Answer: Flag the discrepancy and bring it to the attention of appropriate parties
A landman has an ethical duty to identify and flag errors in work product that may affect the client or the integrity of the transaction.