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§ 19. Definitions

Oklahoma Statutes AnnotatedTitle 46. Mortgages

Oklahoma Statutes Annotated
Title 46. Mortgages (Refs & Annos)
Chapter 1. Mortgages of Realty
Title Protection
46 Okl.St.Ann. § 19
§ 19. Definitions
Currentness
As used in this act:1
1. “Buyer” means a person who purchases property through financing, in whole or in part, by a loan secured by the property;
2. “Mortgagee” means a person who provides financing, in whole or in part, to a buyer for the purchase of property and the financing is secured by the property;
3. “Person” means an individual, partnership, corporation, trust or other legal entity;
4. “Property” means real property which is either improved property or unimproved property which is purchased through financing by a loan for construction; and
5. “Title protection document” means a lawyer's title opinion letter, a title certificate, a title insurance policy or other written assurance as to the state of the title to property.

Credits

Laws 1979, c. 166, § 1.

Footnotes

1
Title 46, § 19 et seq.
46 Okl. St. Ann. § 19, OK ST T. 46 § 19
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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