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Oklahoma Residential Purchase Agreement

An Oklahoma residential purchase agreement allows two parties to establish an arrangement for the transfer of ownership of real property. The agreement outlines the conditions associated with the sale, such as the price, closing date, downpayment amount, financing procedures, and other contingencies.
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Updated May 29, 2024

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Required Disclosures (4)

Acknowledgment of Property Disclosures – Required to be signed by the buyer to accept that they have received either Appendix A or Appendix B and the Lead-Based Paint Disclosure (if the property was built prior to 1978).

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Lead-Based Paint Disclosure – Provides buyers with information about whether or not a home contains lead paint (legally required for the sale of any property built before 1978).

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Property Disclosure Statement (Appendix A) – If the seller is aware of known defects on the property, this statement must be completed and provided to the buyer before a purchase agreement is accepted.[1]

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Property Disclaimer Statement (Appendix B) – If the seller does not reside or is not aware of any defects on the property, then this disclaimer should be completed.[2]

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