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OK SB877
Bill
AI Summary
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Real estate licensees must complete continuing education courses on deed theft by November 1, 2028, with the Oklahoma Real Estate Commission determining the required hours
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"Deed theft" is defined as intentionally altering, falsifying, or forging property documents; misrepresenting oneself as a property owner; or fraudulently obtaining title through forgery, larceny, or deceptive practices
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Licensed real estate brokers must provide buyers with written notification about the signs and risks of deed theft at each closing, with buyers required to sign confirming receipt
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The Oklahoma Real Estate Commission is directed to promulgate rules implementing the buyer notification requirements
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Effective date is November 1, 2025
Legislative Description
Deed regulation; real estate licensing; requiring certain continuing education course; requiring certain notification to buyer. Effective date.
Last Action
Becomes law without Governor's signature 05/29/2025
5/29/2025