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Oklahoma Rental Lease Agreements | Laws

An Oklahoma lease agreement is a contract between a landlord and a tenant for the rental of residential or commercial property. It is important that the contract includes all of the landlord’s terms regarding rent payments, utilities, prohibited actions, and special fees to ensure that they will have the legal right to take action should the tenant fail to fulfill any rental condition. If a tenant does not comply with the terms of their lease, the landlord can serve them a notice to quit and start an eviction action against them in court. In addition to commercial and residential lease templates, month-to-month, sublease, and roommate agreements are provided below.

Rental Application – To review an individual’s work and rental history, the landlord can have them fill out this form and provide consent for a background and credit check.

Contents

Agreements: By Type (7)


Commercial Lease Agreement – A legally binding arrangement whereby a property owner leases their commercial property to an individual or entity.

Download: Adobe PDF, MS Word, OpenDocument


College Roommate Agreement – By using this agreement, roommates can be held mutually accountable to rules and responsibilities regarding their shared space.

Download: Adobe PDF, MS Word, OpenDocument


Lease with Option to Purchase (Lease to Own) – A lease whereby a tenant rents the property with the option to buy it from the owner as per the terms of the agreement.

Download: Adobe PDF, MS Word, OpenDocument


Month to Month Lease Agreement – This rental contract gives the tenant an “at-will” arrangement by which they renew the lease with each monthly payment.

Download: Adobe PDF, MS Word, OpenDocument


Roommate Agreement – Roommates can use this document to set out rules regarding payments, chores, and activities.

Download: Adobe PDF, MS Word, OpenDocument

 


Standard (1-year) Lease Agreement – This residential lease agreement has a one (1) year term with the tenant paying monthly rent.

Download: Adobe PDF, MS Word, OpenDocument


Sublease Agreement – A sublease agreement is used when a tenant wishes to rent out a portion or all of the property to a third party.

Download: Adobe PDF


Landlord-Tenant Laws

Disclosures

Flooding Disclosure (§ 41-113a) – If the space has been flooded at any time in the last five (5) years, and the landlord is aware of it, then all information in relation to the event must be forwarded to the tenant.

Identity Disclosure (§ 41-116) – The landlord must provide the name and address of anyone who is permitted to enter the rental property, including the owner, property manager, and any other representatives.

Methamphetamine Disclosure (§ 41-118(C)) – If there was methamphetamine production in the rental unit, the landlord must disclose this information to the tenant before finalizing a lease agreement.

Landlord’s Access

General Access (§ 41-128(A) and (C)) – Before accessing the tenant’s rental unit, the landlord must give them at least one (1) day’s notice.

Emergency Access (§ 41-128(B)) – The landlord can enter without notice in the event of an emergency at the rental property.

Rent

Grace Period – Not mentioned in state statutes.

Maximum Fees ($) – Not mentioned in state statutes.

Rent Increase Notice – Not mentioned in state statutes.

Security Deposits

Maximum Amount ($) – There is no maximum amount for security deposits that is mandated by the state.

Returning to Tenant (§ 41-115) – Within forty-five (45) days from the lease termination date, any security deposit funds must be returned to the tenant.

Interest Required? (§ 115(B)) – No, the landlord is not required to pay interest on the deposit.

Separate Bank Account? (§ 115(A)) – Yes, in accordance with state law, the security deposit must be “kept in an escrow account for the tenant, which account shall be maintained in the State of Oklahoma with a federally insured financial institution.”