§ 561. Release of oil and gas leases
(a) After the expiration, cancellation, surrender, or relinquishment of an oil and gas lease, upon written request of the lessor, the lessee shall file a release or discharge of the lease in the land records of the town or towns where the lands described in the lease are located. The filing shall be in recordable form and shall include any fees.
(b) If any lessee, his or her personal representative, successor, or assign fails or refuses to record a release for a period of 30 days after being so requested, he or she shall be liable for all damages occasioned thereby, including costs and reasonable attorney’s fees.
(c) A lessor’s request for release or discharge shall be in writing and delivered to the lessee by personal service or registered mail at his or her last known address. (Added 1981, No. 240 (Adj. Sess.), § 2, eff. April 28, 1982.)
Structure Vermont Statutes
Title 29 - Public Property and Supplies
Chapter 14 - Natural Gas and Oil Conservation
§ 504. Composition of the Board
§ 511. Hearings conducted by examiners
§ 512. Hearings conducted by the Board
§ 516. Governmental cooperation
§ 517. Standards for rulemaking
§ 524. Antitrust immunity for voluntary units
§ 531. Management of State oil and gas resources
§ 532. State oil and gas leases authorized
§ 533. Notice of intention to lease State lands
§ 534. Gas produced from State lands
§ 535. State reservation of oil, gas, and minerals
§ 543. Reports of oil and gas operations
§ 545. Conveyance and acquisition of oil and gas interests
§ 551. Illegal oil, gas, and product
§ 552. Illegal oil, gas, or product declared contraband
§ 553. Disclosure of confidential information prohibited
§ 561. Release of oil and gas leases
§ 562. Subdivision of land subject to an oil and gas lease
§ 563. Abandonment of oil and gas interests; preservation
§ 564. Surface use value appraisal of agriculture and forestlands