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CO HB1158
Bill
Status
1/20/2010
Primary Sponsor
Mary Hodge
Click for details
AI Summary
HB 10-1158 Summary
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Clarifies that ownership of wind rights over real property in Colorado is originally vested in surface owners and can be severed from surface ownership like mineral interests.
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Establishes that conveyances of surface property include wind rights unless previously severed or explicitly excluded/reserved in the conveyance document.
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Specifies that mineral interest conveyances do not automatically include wind rights unless explicitly stated in the instrument.
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Provides that when both mineral and wind interests are severed from the same property, the first interest severed takes priority over the second interest.
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Applies to all conveyances and leases made on or after the effective date; pre-existing interests severed before the effective date remain valid unless challenged by preponderance of evidence.
Legislative Description
Clarify Wind Rights
Last Action
House Committee on Agriculture, Livestock, & Natural Resources Postpone Indefinitely
2/9/2010