An Oklahoma deed is a legal form that conveys ownership of property from a seller (the “grantor”) to a buyer (the “grantee”). Deeds are the most vital instruments in proving property ownership and are required whenever real estate is transferred. For a deed to be valid, it must be signed, acknowledged before a notary, and recorded with the Register of Deeds (part of the clerk’s office).
Oklahoma recognizes several deed types, each providing different levels of title protection to the grantee. There are general warranty deeds (full protection), special warranty deeds (limited protection), and quit claim deeds (no protection). Individuals can also execute a transfer on death deed whereby property is given to beneficiaries effective upon the grantor’s death.
Deed of Trust – Assigns a trustee to hold onto a property title until a debt has been repaid from a borrower to a lender.
General Warranty Deed – Officially known as a “warranty deed,” this document guarantees that the property title is free from liens, judgments, and encumbrances of any nature.
Quit Claim Deed – Transfers property without guaranteeing the validity of the grantor’s ownership or the quality of the property title.
Special Warranty Deed – Guarantees the title for the time the grantor owned the property, but does not cover title defects from previous owners.
Transfer on Death Deed – Designates a beneficiary who will inherit ownership of the grantor’s property upon their death without the need for probate administration.
- Statutes: Title 16 (Conveyances)
- Formatting: § 19-298(B)
- Signing Requirements (§ 16-4 & § 16-26): Notary Public
- The grantor’s spouse, if any, must also sign the deed if the property meets the requirements for a homestead exemption, which is a tax reduction for permanent residents of a home.
- Where to Record: Register of Deeds
- Recording Fees (§ 28-32(A) & § 28-32(C)): $18 ($8 for the first page + $10 preservation fee); $2 for each additional page.
- Property Disclosure Statement (§ 60-833(2)): Completed by the seller to disclose the condition of their residential property.
- Property Disclaimer Statement (§ 60-833(1)): If a seller of residential property has never occupied the premises and has no knowledge of material defects, they must use this disclaimer instead of the Property Disclosure Statement provided above.