Oklahoma HB1734 amends civil procedure for sheriff sales, prohibiting buyer's premiums for online auctions and limiting online auction fees.
Oklahoma HB1734 modifies the process for sheriff sales by requiring written objections to be mailed to interested parties before the sale confirmation hearing. It prohibits online auction marketplaces from charging buyer's premiums for sales, though these premiums must be disclosed in advance. The bill also limits the fees online auction marketplaces can charge to $350. This act takes effect November 1, 2025.
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