§ 858-513. Psychologically impacted real estate--Facts included--Nondisclosure of facts--Certai...
Oklahoma Statutes AnnotatedTitle 59. Professions and Occupations
59 Okl.St.Ann. § 858-513
§ 858-513. Psychologically impacted real estate--Facts included--Nondisclosure of facts--Certain actions prohibited--Disclosure in certain circumstances
1. That an occupant of the real estate is, or was at any time suspected to be infected, or has been infected, with Human Immunodeficiency Virus or diagnosed with Acquired Immune Deficiency Syndrome, or other disease which has been determined by medical evidence to be highly unlikely to be transmitted through the occupancy of a dwelling place; or
is not a material fact that must be disclosed in a real estate transaction.
B. No cause of action shall arise against an owner of real estate or any licensee assisting the owner for the failure to disclose to the purchaser or lessee of such real estate or any licensee assisting the purchaser or lessee that such real estate was psychologically impacted as provided for in subsection A of this section.
C. Notwithstanding the fact that this information is not a material defect or fact, in the event that a purchaser or lessee, who is in the process of making a bona fide offer, advises the licensee assisting the owner, in writing, that knowledge of such factor is important to the person's decision to purchase or lease the property, the licensee shall make inquiry of the owner and report any findings to the purchaser or lessee with the consent of the owner and subject to and consistent with applicable laws of privacy; provided further, if the owner refuses to disclose, the licensee assisting the owner shall so advise the purchaser or lessee.
Credits
Laws 1989, c. 235, § 1, emerg. eff. May 12, 1989; Laws 1998, c. 60, § 19, eff. Jan. 1, 1999.
59 Okl. St. Ann. § 858-513, OK ST T. 59 § 858-513
Current with emergency effective legislation through Chapter 316 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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