Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1 STATE OF OKLAHOMA
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2 2nd Session of the 60th Legislature (2026)
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3 SENATE BILL 1965 By: Stewart
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6 AS INTRODUCED
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7 An Act relating to conveyances; requiring certain
7 documentation when filing a memorandum of agreement;
8 authorizing property owners to request removal upon
8 certain showing; requiring county clerks to notify
9 filers in certain circumstances; creating misdemeanor
9 offense; providing for penalties; providing for civil
10 liability; providing for codification; and providing
10 an effective date.
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13 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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14 SECTION 1. NEW LAW A new section of law to be codified
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15 in the Oklahoma Statutes as Section 312 of Title 16, unless there is
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16 created a duplication in numbering, reads as follows:
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17 A. Any person who files a memorandum of agreement (MOA) with a
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18 county clerk in this state shall provide the following with such
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19 filing:
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20 1. A fully executed real estate contract, option agreement, or
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21 other written instrument that satisfies the statute of frauds that
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22 establishes the filer's valid contractual interest in the real
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23 property affected by the MOA;
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Req. No. 3474 Page 1
1 2. An accurate and full legal description of the real property
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2 affected by the MOA and the purchase price of the property or price
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3 per acre of the property affected by the MOA; and
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4 3. A sworn affidavit affirming the validity of the real estate
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5 contract and that the filing is being made in good faith.
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6 B. A property owner who has a fraudulent MOA filed against his
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7 or her property may request the county clerk to remove the MOA from
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8 the property by filing a sworn affidavit affirming the invalidity of
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9 the real estate contract and that the filing is being made in good
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10 faith.
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11 C. Upon the filing of an affidavit pursuant to subsection B of
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12 this section, the county clerk shall notify the filer of the MOA and
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13 request proof that the MOA is not fraudulent. If proof that the MOA
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14 is not fraudulent is not received by the county clerk within fifteen
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15 (15) days of the day of notification by the county clerk, the county
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16 clerk shall remove the MOA from the property's record.
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17 D. 1. Any person who knowingly or willfully files a fraudulent
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18 or unsupported MOA shall, upon conviction, be guilty of a
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19 misdemeanor and be subject to not more than one (1) year of
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20 imprisonment in the county jail, a fine not to exceed One Thousand
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21 Dollars ($1,000.00), or both such imprisonment and fine.
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22 2. Property owners may recover actual and punitive damages,
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23 including any lost sale value of the property, attorney fees, and
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24 costs.
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Req. No. 3474 Page 2
1 SECTION 2. This act shall become effective November 1, 2026.
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3 60-2-3474 BLB 1/15/2026 9:15:09 AM
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Req. No. 3474 Page 3Every fact on this page links to its source, starting with the official bill record.