CPL Landman Ethics & Professional Conduct 3

Question 1

Under the AAPL Standards of Practice, a landman who is uncertain about a legal question affecting a title should:

Accepted Answer

Recommend consulting a licensed attorney

Answer

Landmen must recognize the boundary between landman practice and the unauthorized practice of law, referring legal questions to attorneys.

Question 2

Which ethical obligation applies when a landman represents both the buyer and seller in a mineral rights transaction?

Accepted Answer

Dual representation is prohibited without full disclosure and informed consent

Answer

Representing both parties creates a conflict of interest that requires full disclosure and informed written consent from both parties before proceeding.

Question 3

A CPL learns that a colleague submitted a fraudulent title opinion. What is the appropriate course of action?

Accepted Answer

Report the conduct through appropriate channels, including the AAPL if necessary

Answer

Reporting known professional misconduct is an ethical duty that protects the integrity of the profession and the public.

Question 4

How does the AAPL Code of Ethics address the responsibility of a landman to stay current with industry standards and regulations?

Accepted Answer

Landmen have an ethical duty to maintain and improve professional competence

Answer

The AAPL Code requires members to maintain professional competence through ongoing education and awareness of industry developments.

Question 5

When preparing a run sheet for a client, a landman discovers a gap in the chain of title. Ethically, the landman should:

Accepted Answer

Document the gap accurately and advise the client accordingly

Answer

Accurate documentation and full disclosure of title defects is a core ethical obligation that protects the client's interests and the landman's integrity.

(CPL) Certified Professional Landman Practice Test

(CPL) Certified Professional Landman Practice Test

CPL Landman Ethics & Professional Conduct 3