Home Selling Broker Disclosures Required Under Oklahoma Law

Oklahoma listing brokers must play a role in ensuring that buyers receive complete and accurate disclosures about property defects.

If you are planning to sell your Oklahoma home, you will likely utilize the services of a real estate agent, or "listing broker." That person will become your representative when dealing with buyers, including when buyers ask questions about the physical condition of the property. Of course, as the home owner, you will be the main source of information about this topic, and will fill out a Disclosure Statement detailing any defects or issues prior to accepting the buyer’s offer to purchase.

Nevertheless, some states require brokers to separately give prospective buyers information about the property under certain circumstances, which raises the question: Is Oklahoma one of those states? How much can your broker tell prospective buyers about what he or she has seen or learned from you?

Oklahoma Brokers Must Make Sure the Buyer Receives a Disclosure Statement

An Oklahoma listing broker must make sure the home seller’s disclosure statement and any amendments to it are available to any potential homebuyer before the seller accepts the buyer’s offer to purchase. (See 60 Okla. Stat. § 836(A-B).) The written statement should be on a form created by the Oklahoma Real Estate Commission rather than one created by you. (See 60 Okla. Stat.

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