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Oklahoma Land Contract Template

An Oklahoma land contract contains terms and conditions surrounding a vacant land or lot transaction between the property's seller and the purchaser. The contract establishes the parties involved in the transfer, any financial terms set by the parties, such as the agreed-upon purchase price, and a legal description of the property.
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Supplemental Information

  • Acknowledgment and Confirmation of Disclosures – Though not a requirement in a land contract transaction, the parties may utilize this statement as an acknowledgment of the property’s exemption under the Residential Property Condition Disclosure Act. Doing so further protects the legal liability of both the seller and buyer.
  • Where to Record? – Deeds are to be filed in the respective County Clerk’s Office where the property is situated.[1]

Sample