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OK SB522
Bill
AI Summary
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Amends 12 O.S. 2001, Section 706 relating to judgment liens on real estate in Oklahoma counties.
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Specifies that a Statement of Judgment must be filed with the county clerk to create a lien, replacing automatic lien creation upon judgment entry.
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Establishes that for mortgage foreclosure judgments under Section 686, the filing date of the Statement of Judgment determines priority among lien holders, and post-judgment deficiency orders do not require separate filing or affect lien priority.
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Updates terminology and procedural language related to judgment index entries, judgment creditor information, and release procedures.
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Becomes effective November 1, 2011.
Legislative Description
Judgments; specifying purpose for filing certain statement. Effective date.
Property
Last Action
Second Reading referred to Judiciary
2/8/2011