Oklahoma SB1965 mandates specific documentation for filing a memorandum of agreement and outlines penalties for fraudulent filings.
Oklahoma SB1965 requires individuals filing a memorandum of agreement (MOA) with a county clerk to provide a fully executed real estate contract or other written instrument establishing their valid interest in the property. The bill allows property owners to request the removal of an MOA from the property's record by filing a sworn affidavit. County clerks must notify filers if an affidavit is submitted and request proof of the MOA's validity. Failure to provide proof within 15 days results in the MOA's removal.
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