Read the full stored bill text
Req. No. 3474 Page 1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
STATE OF OKLAHOMA
2nd Session of the 60th Legislature (2026)
SENATE BILL 1965 By: Stewart
AS INTRODUCED
An Act relating to conveyances; requiring certain
documentation when filing a memorandum of agreement;
authorizing property owners to request removal upon
certain showing; requiring county clerks to notify
filers in certain circumstances; creating misdemeanor
offense; providing for penalties; providing for civil
liability; providing for codification; and providing
an effective date.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 312 of Title 16, unless there is
created a duplication in numbering, reads as follows:
A. Any person who files a memorandum of agreement (MOA) with a
county clerk in this state shall provide the following with such
filing:
1. A fully executed real estate contract, option agreement, or
other written instrument that satisfies the statute of frauds that
establishes the filer’s valid contractual interest in the real
property affected by the MOA;
Req. No. 3474 Page 2
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
2. An accurate and full legal description of the real property
affected by the MOA and the purchase price of the property or price
per acre of the property affected by the MOA; and
3. A sworn affidavit affirming the validity of the real estate
contract and that the filing is being made in good faith.
B. A property owner who has a fraudulent MOA filed against his
or her property may request the county clerk to remove the MOA from
the property by filing a sworn affidavit affirming the invalidity of
the real estate contract and that the filing is being made in good
faith.
C. Upon the filing of an affidavit pursuant to subsection B of
this section, the county clerk shall notify the filer of the MOA and
request proof that the MOA is not fraudulent. If proof that the MOA
is not fraudulent is not received by the county clerk within fifteen
(15) days of the day of notification by the county clerk, the county
clerk shall remove the MOA from the property’s record.
D. 1. Any person who knowingly or willfully files a fraudulent
or unsupported MOA shall, upon conviction, be guilty of a
misdemeanor and be subject to not more than one (1) year of
imprisonment in the county jail, a fine not to exceed One Thousand
Dollars ($1,000.00), or both such imprisonment and fine.
2. Property owners may recover actual and punitive damages,
including any lost sale value of the property, attorney fees, and
costs.
Req. No. 3474 Page 3
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
SECTION 2. This act shall become effective November 1, 2026.
60-2-3474 BLB 1/15/2026 9:15:09 AM