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estate procedure. 31 Specifically, any person paying ( e.g. , royalties) to the successor(s) named in the affidavit is fully discharged and released from further liability, to the same extent as if they had dealt directly with a duly appointed personal representative of the decedent’s estate. 32 The paying parties are not required to investigate, verify, or inquire into the truth of any statements contained in the affidavit. 33 Finally, if a paying party ( i.e. , oil and gas operator or first purchaser) refuses to honor the affidavit and make the required royalty payment, the claiming successor(s) may sue to compel payment. 34 However, the successor(s) who receive the payment remain accountable and answerable to any subsequently appointed personal representative of the estate or to any other person who can later establish a superior legal right to the assets. 35 This statutory shield is particularly valuable for oil and gas operators, as it allows them to rely on a properly executed and presented affidavit of death and heirship (for severed mineral interests) to commence or continue royalty payments to the named successors without fear of double liability. Conclusion Marketable title requires freedom from reasonable doubt, not absolute certainty or freedom from every conceivable doubt. 36 Moreover, the stated purpose of the Simplification of Land Titles Act reinforces this practical approach. As expressly declared in 16 O.S. § 66, the Legislature intended that the Act be liberally construed to simplify real

procedure to allow quick transfer of a decedent’s small estate assets without formal probate. 25 Subsections A–C ( 58 O.S. § 393) establish a small estate affidavit process for personal property (such as cash debts owed to the decedent, stocks, bonds, bank accounts, vehicles, or other tangible/ intangible personal items). 26 At least 10 days after death, a successor presents an affidavit swearing that: (1) the total value of the decedent’s Oklahoma property is $50,000 or less (net of liens), (2) no probate or personal representative has been appointed anywhere, (3) the claimants are entitled to the property in the stated shares, and (4) all taxes and debts are paid, settled, or time-barred. Upon presentation of this affidavit, debtors must pay, possessors must deliver, transfer agents must re- register securities, and officials must update titles to personal property. 27 Subsection D separately addresses severed mineral interests (royalty and mineral rights in real estate). At any time after death, a claimant may file an affidavit of death and heirship in the appropriate county, meeting the requirements of 16 O.S. § 67(C) (Simplification of Land Titles Act) 28 . Once recorded, the affidavit creates a rebuttable presumption that the stated facts about the death, heirship, family history, and relationships are true with respect to the severed mineral interest. 29 Subsection E imposes criminal penalties (fine up to $3,000, up to 6 months imprisonment, or both) and requires restitution for anyone who knowingly files a false affidavit under this section. It should be noted that the statute does not appear to require a ten (10) year recording period; rather, there shall be a rebuttable presumption as to the facts stated in the affidavit if it is recorded at any time after the date of death of a person who was an owner of a severed mineral interest. 30 Such an interpretation would also support the reasoning in Comment 4 to Oklahoma Title Standards § 3.2 suggesting the party paying royalty owners consider waiving the ten (10) year recording period in 16 O.S. § 67. Furthermore, the law provides strong legal protection for anyone who acts in good faith on a properly presented affidavit under the small-

25 58 O.S. § 393. 26 Id. 27 Id. 28 Id. 29 Id. 30 58 O.S. §393(D). 31 58 O.S. § 394.

32 Id. 33 Id. 34 Id. 35 Id. 36 Paul E. Basye, Clearing Land Titles § 4 (2nd ed 1970) (quoting Justice Cardozo The law assures to a buyer a title free from reasonable doubt, but not from every doubt . . . If the only defect in the title is a very remote and improbable contingency, a slender possibility only, a conveyance will be decreed.)

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G rowth T hrough E ducat i on - J anuary / F ebruary / M arch 2026

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