For most Oklahomans, buying a home is the single largest financial decision they will ever make. How can you be sure you get it right, and that your investment is sound? The answer is deceivingly simple: research. Homebuyers should carefully study the neighborhood, the schools, and the house itself very carefully. Unknown defects with the home can be one of the greatest sources of concern. For example, imagine if you buy a house and then discover, after closing, that the gutters are leaking and have created severe dry rot. The costs of abatement and remediation could cost tens of thousands of dollars.
Fortunately, Oklahoma has several statutes in place to prevent this sort of nasty surprise. As a homebuyer, what disclosures should you look for?
In Oklahoma, sellers, as well as real estate agents, have duties of disclosure to potential buyers. According to 60 Okla. Stat.