Oklahoma Residential Property Disclaimer Statement

The Oklahoma Residential Property Condition Disclosure Act requires sellers of one- and two-unit homes to give buyers certain information before accepting an offer. In some situations, a seller may use the Oklahoma Residential Property Disclaimer Statement instead of the full disclosure form. This is allowed only when:

• The seller has never lived in the property and is not making any statements about its condition, and

• The seller has no actual knowledge of any defects.

The Disclaimer Statement must be given to the buyer as soon as possible and always before an offer is accepted.

If the seller has lived in the home or knows of a defect, they must use the standard disclosure form. If a seller gives a Disclaimer Statement but later learns of a defect, they must switch to the full form before accepting the offer.

Both the disclosure and disclaimer forms must be completed within 180 days before the buyer receives them. If a Disclaimer Statement is delivered after a buyer has already made an offer, the seller can accept the offer only after the buyer acknowledges receiving the form and confirms the offer.

What is considered to be a defect?

A defect is defined as a condition, malfunction, or problem that materially and adversely affects the property’s monetary value or impairs the health or safety of future occupants.

How Can I Get a Copy of the "Oklahoma Residential Property Disclaimer Statement" form?

We will provide you a copy of any Oklahoma disclosure form for free upon submitting a flat fee MLS listing through our website. We charge a low, one-time flat fee to list your home on the MLS.

You can also find a copy of the disclaimer form on the Oklahoma Real Estate Commission website HERE.

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