OK SB877

Real estate licensees must complete continuing education on deed theft by November 1, 2028, with specific hours and requirements to be determined by the Oklahoma Real Estate Commission through rule.

"Deed theft" is defined as intentionally altering, falsifying, forging, or misrepresenting documents relating to real property; misrepresenting oneself as the owner or authorized representative to obtain ownership; or fraudulently transferring title through fraud, forgery, larceny, or deceptive practices.

Licensed real estate brokers must provide written notification to buyers at closing regarding the signs and risks of deed theft, with buyers confirming receipt by signature.

The Oklahoma Real Estate Commission must promulgate rules to implement the notification requirements and establish the continuing education standards for deed theft training.

The act becomes effective November 1, 2025.