An Oklahoma general warranty deed is a form by which a seller transfers property rights to a buyer and warrants (guarantees) that the conveyed title is valid and free from encumbrances. A seller who transfers real estate through an Oklahoma general warranty deed makes three (3) promises to the buyer: they acquired title rights lawfully and have the power to transfer ownership; there are no unresolved liens or other encumbrances attached to the title, and; they will remain liable for lawful claims adversely affecting the buyer’s ownership. If any of the aforementioned promises prove false, the buyer could file a lawsuit against the seller to seek financial compensation.
- Statutes: § 16-19 & § 16-40
- Formatting: § 19-298(B)
- Signing Requirements (§ 16-4 & § 16-26): Notary Public
- If the property being transferred qualifies for a homestead exemption (reduction in property tax), the deed must also be signed by the seller’s spouse, if any.
- Where to Record: Register of Deeds
- Recording Fees (§ 28-32(A) & § 28-32(C)): $8 for the first page + $10 preservation fee ($18 total); $2 for each additional page.