§60-851. Nature of developments.
The term “real estate development” shall include developments: 1. Which consist or will consist of separately owned lots, parcels or areas with either or both of the following features: a.One or more additional contiguous or noncontiguous lots, parcels or areas owned in common by the owners of the separately owned lots, parcels or areas. b.Mutual, […]
§60-1001. Adoption and description of official system of coordinates.
A. The systems of plane coordinates which have been established by the National Ocean Service/National Geodetic Survey, formerly the United States Coast and Geodetic Survey, or its successors for defining and stating the geographic positions or locations of points on the surface of the earth within the State of Oklahoma are hereafter to be known […]
§60-852. Owners association.
A. An “owners association” may be formed by the owner or owners of real estate development for the purpose of: 1. providing management, maintenance, preservation and control of commonly owned areas or any portion of or interest in them, and/or 2. enforcing all mutual, common or reciprocal interests in or restrictions upon all or portions […]
§60-853. Taxes and special assessments.
Each separately owned lot, parcel or area together with its proportionate interest in the common element, shall constitute a separate and distinct unit; for the purpose of assessment of taxes, special assessments, and other charges which may be lawfully assessed against owners of real property, and each holder of such shall be liable solely for […]
§60-854. Membership – Covenants and restrictions.
Membership of said owners association shall consist of recorded owners of separately owned lots in the real estate development. Membership is transferred upon legal transfer of title to the separately owned lots. The owners association may also enforce the covenant and restrictions of the real estate development when specified by the covenants and restrictions. Laws […]
§60-855. Application of act.
The powers granted the owners association under this act shall apply only to owners associations created subsequent to the effective date of this act. Added by Laws 1975, c. 292, § 5, emerg. eff. June 5, 1975.
§60-856. Enforcement of restrictions and covenants.
Any person owning property in a real estate development shall be entitled to bring action against any other person owning property in such development to enforce any of the restrictions or covenants of the real estate development which are specified by the covenants or restrictions. In any action to enforce any restriction or covenant pursuant […]
§60-820.1. Airspace Severance Restriction Act.
A. This act shall be known and may be cited as the “Airspace Severance Restriction Act”. B. It is the intent of this act to restrict the permanent severing of the airspace over any real property located in this state for the purpose of developing and operating commercial wind or solar energy conversion systems. Leasing […]
§60-831. Short title.
This act shall be known and may be cited as the “Residential Property Condition Disclosure Act”. Added by Laws 1994, c. 198, § 1, eff. July 1, 1995.
§60-832. Definitions.
As used in this act: 1. “Offer to purchase” means an offer to purchase property made by a purchaser pursuant to a written contract; 2. “Seller” means one or more persons who are attempting to transfer a possessory interest in property and who are either: a.represented by a real estate licensee; or b.not represented by […]