SB877

Oklahoma SB877 mandates real estate licensees to complete a continuing education course on deed theft and requires notification to buyers about deed.

Oklahoma SB877 introduces new regulations for real estate licensees, requiring them to complete a continuing education course on deed theft by November 1, 2028. The bill also mandates that buyers receive notification about the signs and risks of deed theft during property transactions. Deed theft is defined as obtaining ownership or possession of real property through fraudulent or deceptive practices. The act includes a criminal penalty for deed theft, punishable by up to two years in prison or a fine of up to $5,000, or both. The bill becomes effective November 1, 2025.