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A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [ citation needed ] The fact that it comes without any warranties from the government means that the new owner may not have a good title.
Oklahoma law is based on the Oklahoma Constitution (the state constitution), which defines how the statutes must be passed into law, and defines the limits of authority and basic law that the Oklahoma Statutes must comply with. Oklahoma Statutes are the codified, statutory laws of the state. There are currently has 90 titles though some titles ...
Pages in category "Oklahoma statutes" The following 13 pages are in this category, out of 13 total. This list may not reflect recent changes. ...
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate.The sale of land is governed by the laws and practices of the jurisdiction in which the land is located.
The "Oklahoma Sales Tax Code" imposes a 4.5% Statewide tax on the sale of all goods but groceries within the State. The State also levies a 4.5% Statewide tax on the use, storage, and consumption of goods bought out of State.
A property abstract is a summary of the legal documents that chronicle transactions associated with a particular parcel of land.Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales—basically, any legal document that affects the property.
If there is no buyout, then the law provides a preference for the court to order a partition in kind and divide the property, rather than order a sale. The law requires courts to take into account factors other than economic, such as the value of family heritage, historical value of the property, or the impact of the sale on those living on the ...