The Oklahoma Residential Property Condition Disclosure Exemption - Identification of Exempt Transfer should be included when the property is exempt from the Residential Property Condition Disclosure Statement. This form simply states the reason for exemption and is to be signed and dated by the seller.
This form is to be included when the property is exempt due to one of the following reasons:
- Transfer pursuant to Court Order, including but not limited to, a transfer pursuant to a writ of execution, a transfer by eminent domain, and a transfer pursuant to an Order for partition
- Transfer to a mortgagee by a mortgagor or successor in interest who is in default, transfer by any foreclosure sale after default in an obligation secured by a mortgage, transfer by a mortgagee’s sale under a power of sale after default in an obligation secured by any instrument containing a power of sale, or transfer by a mortgagee who has acquired the real property at a sale conducted pursuant to a power of sale or a sale pursuant to a decree of foreclosure or has acquired the real property by deed in lieu of foreclosure
- Transfer by a fiduciary who is not an owner occupant of the subject property in the course of the administration of a decedent’s estate, guardianship, conservatorship or trust
- Transfer from one co-owner to one or more other co-owners
- Transfer made to a spouse, or to the person or persons in the lineal line of consanguinity of one or more of the owners
- Transfer between spouses resulting from a decree of dissolution of marriage or a decree of legal separation or from a property settlement agreement incidental to such a decree
- Transfer made pursuant to mergers and from a subsidiary to a parent or the reverse
- Transfer or exchanges to or from any governmental entity
- Transfer of a newly constructed, previously unoccupied dwelling
How Can I Get a Copy of the "Oklahoma Residential Property Condition Disclosure Exemption Form - Identification of Exempt Transfer"?
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 exemption identification form on the Oklahoma Real Estate Commission website HERE.
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