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OK SB379

Bill

Status

Failed

5/22/2015

Primary Sponsor

Dan Newberry

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Creates the Real Estate Owner's Rights Act establishing statewide property owner rights for residential real property and farm property owners in Oklahoma.

  • Allows property owners to perform construction, installation, repairs, and maintenance work (including plumbing, electrical, roofing, carpentry, etc.) on their own property without licensure, provided they obtain required permits, inspections, and disclose the work when selling the property.

  • Permits property owners to personally manage, rent, lease, and sell their property without obtaining a real estate license, real estate broker license, or using a property management company.

  • Authorizes property owners to delegate management functions to qualified designated agents (family members, relatives, or employees) without requiring those agents to obtain real estate licenses.

  • Amends Oklahoma Statutes to exempt property owners from plumbing, electrical, and mechanical licensing requirements when performing work on their own residential or farm property with assistance from family members, relatives, or employees; effective November 1, 2015.

Legislative Description

Real Estate; creating the Real Estate Owner's Rights Act; stating certain rights; exception for licenses. Effective date.

Last Action

Died in conference

5/22/2015

Committee Referrals

Business, Labor, and Retirement Laws3/17/2015
Business and Commerce2/3/2015

Full Bill Text

No bill text available