Oklahoma SB982 prohibits non-citizens from owning or leasing real property and mandates divestment of existing property within six months.
Oklahoma SB982 prohibits non-citizens from owning or leasing real property in the state, either directly or indirectly through a business entity or trust. It requires any non-citizen who owns real property to divest within six months of the act's effective date. Leases found in violation of this section are not eligible for renewal, and the Attorney General can bring an action to enforce the provisions. The Attorney General must promulgate a separate affidavit form for individuals and business entities to comply with the requirements.
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