

 !"#$%"&"'()" !
& !"#$%"&"'()" !
% !"#$%"&"'()" !&
! !"#$%"&"'()" !&
* !"#$%"&"'()" !&
$ !"#$%"&"'()" !&
+ !"#$%"&"'()" !&
  !"#$%"&"'()" !&
 !"#$%"&"'()" !&
, !"#$%"&"'()" !&
 !"#$%"&"'()" !&
& !"#$%"&"'()" !&
% !"#$%"&"'()" !&
! !"#$%"&"'()" !&
* !"#$%"&"'()" !&
$ !"#$%"&"'()" !&
+ !"#$%"&"'()" !&
  !"#$%"&"'()" !&
&,-(./0/&
&12340(3&
&&5-(6/.#/(.(.!
&%5-(6/.#/(.(.60378#."903(.$
&!6434/.0(3(:/.#/(.#/.437;643.+
&*/.#/(.(.<(.390+
&$5-(6/.#/(.(.)()437=93
&+4#0(3:(.#.02#/(:9/-(.4/=(3<.((:.>94.
& 333//(:/.#/((5(.(/-./6(:43;.>94.
&<.(3"2.6"#(.(.0(3(.(/-.3003(/37743/.#037(3?39." !
4#0(3:(.#.02#/(:9/-(.4/
%,.02#/(:9/-(.4/93#34/(:/.#037:
%9..3//.#/3/.>94.&
%&/.#/3(/-.(#963//(.()44/-(9/@4(../-.:(.=49.
/(:9.34-<30;#94(3%
%%/)4(0(36(..#.02#/(:9/-(.4//(3(/-.!
%!1)(63/(:/.#/3/<.64/!
%*39."934(3".)(#0(3"#(30393#".3(..:9/(49#.02#/(:
9/-(.4/(..64/4)430*
%$47-/3.(34440(:/.#/(.$
%+./436(.>94./(-(/.#/4#3;60(3+
% A942#0(3:(.493#(:4#3.6(:4#34#3:+
%9.)44(3(:4#3+
!,39.".)(#0(3(.934(3(:/.#/4#3
!3:9943439#63/-.7:(./.#/"/.#/;/34(3"963/
/.#/3230/.(./4/(:/.#037:4)430
!&464/0(3(:#0(3&,
!%.(./9.#-.B/30(3(:/.#/&,
§1-1. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-2. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-3. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-4. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-5. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-6. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-7. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-8. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-9. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-10. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-11. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-12. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-13. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-14. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-15. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-16. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-17. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-18. Repealed by Laws 1984, c. 163, § 21, eff. Nov. 1, 1984.
§1-20. Short title.
Sections 227.10 through 227.30 of this title shall be known and
may be cited as the “Oklahoma Abstractors Act”.
Added by Laws 1984, c. 163, § 1, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 2, eff. July 1, 2007; Laws 2007, c. 359, § 1, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.10 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-21. Definitions.
As used in the Oklahoma Abstractors Act:
1. "Abstract of title" is a compilation in orderly arrangement
of the materials and facts of record, in the office of the county
clerk and court clerk, affecting the title to a specific tract of
5-(6//9/4//.#037 <7&
land issued pursuant to a certificate certifying to the matters
therein contained;
2. "Abstract plant" shall consist of a set of records in which
an entry has been made of all documents or matters which legally
impart constructive notice of matters affecting title to real
property, any interest therein or encumbrances thereon, which are
filed, recorded and currently available for reproduction in the
offices of the county clerk and the court clerk in the county for
which such abstract plant is maintained. Such records shall consist
of:
a. an index in which notations of or references to any
documents that describe the property affected are
included, according to the property described or in
which copies or briefs of all such documents that
describe the property affected are sorted and filed
according to the property described, which is compiled
from the instruments of record affecting real property
in the county offices and not copied or reproduced from
any county index; and
b. an index or files in which all other documents, pending
suits affecting real property and liens, except ad
valorem taxes and special assessments, are posted,
entered, or otherwise included, according to the name
of the parties whose title to real property or any
interest therein or encumbrances thereon is affected,
which is compiled from the instruments of record
affecting real property in the county offices and not
copied from any county index;
3. "Abstract license" is the authorization for a person working
for a holder of a certificate of authority to search and remove from
county offices county records, summarize or compile copies of such
records, and issue the abstract of title;
4. “Act” or “Oklahoma Abstractors Law” means the Oklahoma
Abstractors Act;
5. “Board” means the Oklahoma Abstractors Board;
6. "Certificate of authority" is the authorization to engage in
the business of abstracting in a county in this state, granted to a
person, firm, corporation, or other entity, by the Oklahoma
Abstractors Board;
7. “Permit” is the authorization to build an abstract plant in a
specific county; and
8. “State Auditor and Inspector”, for the purposes of the
Oklahoma Abstractors Act, means the Oklahoma Abstractors Board.
Added by Laws 1984, c. 163, § 2, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 2, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.11 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008. Amended by
Laws 2008, c. 97, § 1, eff. Nov. 1, 2008.
5-(6//9/4//.#037 <7%
§1-22. Oklahoma Abstractors Board.
A. There is hereby re-created to continue until July 1, 2020, in
accordance with the Oklahoma Sunset Law the Oklahoma Abstractors
Board. Beginning January 1, 2008, the Oklahoma Abstractors Board
shall have the total responsibility of administering and enforcing
the Oklahoma Abstractors Act.
B. The Board shall have the power and duty to prescribe,
promulgate and implement rules as deemed necessary to implement all
the provisions of the Oklahoma Abstractors Act.
C. The Board shall have the power and duty to obtain and secure
an office in Oklahoma City, and employ, direct, discharge, and define
the duties and set the salaries of employees of the Board, including
an executive director, as are necessary to implement the provisions
of the Oklahoma Abstractors Act.
D. The Board shall consist of nine (9) members who shall be
appointed by the Governor and confirmed by the Senate:
1. Six of the members shall be residents of this state who are
either a holder of a current valid Certificate of Authority or an
employee of a holder of a current valid Certificate of Authority for
not less than five (5) years in a county in the district from which
the member is appointed prior to appointment. One member shall be
appointed from each of the following districts:
District 1: Alfalfa, Beaver, Blaine, Cimarron, Custer, Dewey,
Ellis, Garfield, Grant, Harper, Kingfisher, Major, Roger Mills,
Texas, Woods, and Woodward Counties.
District 2: Beckham, Caddo, Carter, Comanche, Cotton, Garvin,
Grady, Greer, Harmon, Jackson, Jefferson, Kiowa, Love, McClain,
Murray, Stephens, Tillman, and Washita Counties.
District 3: Canadian, Cleveland, Logan, and Oklahoma Counties.
District 4: Adair, Cherokee, Craig, Delaware, Kay, Mayes,
Muskogee, Noble, Nowata, Okmulgee, Osage, Ottawa, Pawnee, Payne,
Sequoyah, and Washington Counties.
District 5: Creek, Lincoln, Rogers, Tulsa, and Wagoner Counties.
District 6: Atoka, Bryan, Choctaw, Coal, Haskell, Hughes,
Johnston, Latimer, Leflore, McIntosh, Marshall, McCurtain, Okfuskee,
Pittsburg, Pontotoc, Pottawatomie, Pushmataha, and Seminole Counties;
2. One member shall be a resident of this state who has been a
licensed real estate broker in Oklahoma for not less than five (5)
years;
3. One member shall be an attorney who is a resident of this
state who has been licensed to practice in Oklahoma for not less than
five (5) years; and
4. One member shall be a resident of this state who has been an
officer in a bank in Oklahoma for not less than five (5) years.
E. The Governor shall make the initial appointments to the Board
within ninety (90) days of the effective date of this act:
5-(6//9/4//.#037 <7!
1. The initial appointments for the members of the Board shall
be as follows:
a. members appointed from Districts 1 and 3 shall serve
until July 1, 2008,
b. members appointed from Districts 2 and 4 shall serve
until July 1, 2009,
c. members appointed from Districts 5 and 6 shall serve
until July 1, 2010,
d. the real estate broker member shall serve until July 1,
2010,
e. the attorney member shall serve until July 1, 2009, and
f. the bank officer member shall serve until July 1, 2010;
and
2. Thereafter, all members shall serve four-year terms.
F. Each member shall hold office until the expiration of the
term of office for which appointed or until a successor has been
appointed and confirmed:
1. Vacancies on the Board due to death, resignation, or removal
occurring during a term shall be filled by the Governor for the
unexpired portion of the term in a manner as provided for regular
appointments to the Board;
2. Members filling the remainder of an unexpired term shall
assume office immediately upon appointment by the Governor and shall
serve until confirmation or denial of confirmation by the Senate; and
3. A member may be reappointed to the Board, but shall not serve
more than two terms.
G. Members of the Board shall receive no salary or compensation
for service on the Board, but shall be reimbursed for travel expenses
incurred on behalf of their service on the Board pursuant to the
State Travel Reimbursement Act.
H. Members may be removed from office by the Governor:
1. For inefficiency, neglect of duty, or malfeasance in office
in the manner provided for by law for the removal of officers not
subject to impeachment;
2. For cause which shall include, but not be limited to:
a. the member has ceased to be qualified. A member of the
Board is no longer qualified to serve if that member:
(1) is a member whose certificate of authority,
license, or permit pursuant to the laws of this
state has become void or has been revoked or
suspended, or
(2) is a member who has moved from this state,
b. the member has been convicted, pled guilty or nolo
contendere to a felony pursuant to the laws of the
United States or any jurisdiction,
5-(6//9/4//.#037 <7*
c. the member has become medically incapacitated as
determined in writing by a medical doctor upon request
by the Board, or
d. the member has been absent from three meetings, or is
absent for more than one-half (1/2) the number of
minutes for which a meeting is conducted of three
meetings as determined by the Board during any twelve-
month period, unless such absence is determined to be
unavoidable in the opinion of a majority of the
remaining members;
3. Upon being found guilty, through due process, of malfeasance,
misfeasance or nonfeasance in relation to Board duties; or
4. Upon being found mentally incompetent by a court of competent
jurisdiction.
I. Removal pursuant to the provisions of subsection H of this
section shall be accomplished in the following manner:
1. After a majority vote of the remaining members setting out
the dates of absences or other grounds for removal and the fact of
the disqualification of the member, a written notification of the
said vote shall be sent to the Governor; and
2. Upon receipt of the written notification, the Governor, after
a hearing conducted in accordance with the provisions of the
Administrative Procedures Act, may remove any member of the Board for
any of the reasons set out in the notice from the Board or for any
other reason specified in this act, provided:
a. removal pursuant to the provisions of this subsection
shall occur upon the Governor filing a written
statement of findings after the hearing as to the
reasons and basis for removal of the member with the
secretary of the Board, and
b. the Governor shall appoint another member in the manner
provided for appointments to the Board.
Added by Laws 2007, c. 359, § 3, eff. July 1, 2007. Amended by Laws
2013, c. 350, § 1; Laws 2019, c. 44, § 1.
§1-23. Oklahoma Abstractors Board meetings - Officers, duties and
powers.
A. The Oklahoma Abstractors Board shall meet at least quarterly
each calendar year, and may meet more often as determined by the
Board.
B. The Board shall elect from its membership a chair, a vice-
chair and a secretary. The officers of the Board shall be elected
each July, and shall hold office for a term of one (1) year.
1. The chair shall preside at all meetings of the Board, call
special meetings of the Board as are necessary, sign all certificates
of authority, licenses and permits and perform such other duties as
5-(6//9/4//.#037 <7$
the Board shall direct. A special meeting shall be called by the
chair upon written request of three or more board members.
2. The vice-chair shall exercise the powers of and perform the
duties of the chair in the absence or disability of the chair, and
perform such other duties as the Board shall direct.
3. The secretary shall keep a complete and permanent record of
all proceedings of the Board and shall preside at any meeting in the
absence of the chair and vice-chair, validate minutes of all of the
meetings of the Board, in the manner prescribed in the rules of the
Board and supervise the maintenance of the records of the Board. The
secretary shall perform such other duties as the Board shall direct.
4. At any regular or special meeting at which none of the
officers are in attendance, the members of the Board in attendance
shall elect a member to preside at that meeting.
5. Five Board members shall constitute a quorum for the
transaction of business.
Added by Laws 2007, c. 359, § 4, eff. July 1, 2007.
§1-24. Administration of Abstractors Act - Hearing examiners.
A. The Oklahoma Abstractors Board is hereby charged with the
duty of administering the Oklahoma Abstractors Act. The Board shall
be the sole governmental entity, state, county or municipal,
authorized to regulate and issue certificates of authority, permits,
and abstract licenses in this state. For the purposes of exercising
the powers and performing the duties imposed by the Oklahoma
Abstractors Act, the Board shall be subject to the provisions of the
Administrative Procedures Act.
B. The Board may designate and employ hearing examiners who
shall have the authority to conduct hearings subject to the
provisions of applicable rules, regulations, and orders of the Board.
No person shall serve as a hearing examiner in any proceeding in
which any party to the proceeding is or has been a client of the
hearing examiner or any partnership, firm, corporation, or other
entity with which the hearing examiner is or has been associated. In
any hearing the burden of proof shall be upon the moving party.
Added by Laws 1984, c. 163, § 3, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 5, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.12 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-25. Abstractors Board - Powers and duties.
In performing the duties imposed pursuant to the Oklahoma
Abstractors Act, the Oklahoma Abstractors Board shall have the
following powers and duties:
1. To prescribe, promulgate, implement and enforce rules and
make such orders as deemed necessary to implement all the provisions
of the Oklahoma Abstractors Act including the duties imposed in this
section;
5-(6//9/4//.#037 <7+
2. To hold examinations for applicants for abstract licenses;
3. To issue abstract licenses, certificates of authority, and
permits in such form as deemed appropriate;
4. To issue abstract licenses and certificates of authority to
nonresidents, associations, corporations, and partnerships;
5. To suspend, revoke, or reinstate abstract licenses and
certificates of authority previously issued, upon good cause shown;
6. To reprimand, place on probation, or require additional
education of licensees and certificate holders upon good cause shown;
7. To establish administrative penalties and fines as provided
for in Section 227.22 of this title for failure to furnish an
abstract, abstract extension, supplemental abstract or final title
report;
8. To prescribe and impose such administrative penalties and
fines as deemed proper to be assessed against licensees and
certificate holders for the failure to pay the renewal fees or for
the violation or noncompliance with any provision of the Oklahoma
Abstractors Act or rule or order of the Oklahoma Abstractors Board;
9. To cause the prosecution of any person who violates any of
the provisions of the Oklahoma Abstractors Act;
10. To promulgate such rules and regulations governing the
approval of organizations offering courses of study in real estate as
are necessary for the administration of the Oklahoma Abstractors Act;
11. To establish minimum standards to be followed in the
preparation of abstracts;
12. To establish a schedule of fees for applications for or
renewals of certificates of authority, abstract licenses, or permits;
13. To establish the amount of the bond to be filed with
applications for abstract licenses, certificates of authority, or
permits;
14. To approve fee schedules of holders of certificates of
authority, set criteria for determining what constitutes an excessive
fee, and impose administrative penalties and fines for violations of
approved fee schedules;
15. To deposit all fees and fines collected to the credit of the
Oklahoma Abstractors Board Fund;
16. To confer with and seek legal assistance from the Office of
the Attorney General whenever deemed appropriate by the Board; and
17. To have a seal which shall be affixed to all certificates of
authority, abstract licenses, certified copies of documents on file,
and such other instruments as the Board may direct, and all courts
shall take judicial notice of the seal, and copies of records and
proceedings of the Board and all documents filed with the Board and
certified under seal shall be received as evidence in all courts of
record.
Added by Laws 1984, c. 163, § 4, eff. Nov. 1, 1984. Amended by Laws
1985, c. 304, § 11, emerg. eff. July 24, 1985; Laws 2006, c. 269, §
5-(6//9/4//.#037 <7
3, eff. July 1, 2007; Laws 2007, c. 359, § 6, eff. Jan. 1, 2008.
Renumbered from Title 74, § 227.13 by Laws 2007, c. 359, § 22, eff.
Jan. 1, 2008.
§1-26. Oklahoma Abstractors Board Revolving Fund.
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Abstractors Board to be designated the "Oklahoma
Abstractors Board Revolving Fund". Beginning July 1, 2007, any
monies collected pursuant to the Oklahoma Abstractors Law shall be
deposited into the Oklahoma Abstractors Board Revolving Fund.
Beginning January 1, 2008, any monies collected pursuant to the
Oklahoma Abstractors Act shall be deposited into the Oklahoma
Abstractors Board Revolving Fund. The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
all monies received by the Oklahoma Abstractors Board from any
transfers, fees, bonds, penalties or fines paid to the Board pursuant
to the Oklahoma Abstractors Act. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and expended
by the Oklahoma Abstractors Board for the purpose of effectuating the
purposes of the Oklahoma Abstractors Act and to pay all costs and
expenses heretofore and hereafter incurred in connection therewith.
Expenditures from said fund shall be made upon warrants issued by the
State Treasurer against claims filed as prescribed by law with the
Director of the Office of Management and Enterprise Services for
approval and payment.
Added by Laws 2007, c. 359, § 7, eff. July 1, 2007. Amended by Laws
2012, c. 304, § 1.
§1-27. Application for certificate of authority - Fee - Bond - Proof
required.
A. Any person, firm, corporation, or other entity desiring to
engage in the business of abstracting in this state shall make
application to the Oklahoma Abstractors Board for a certificate of
authority for each county in which the applicant desires to do
business. The application shall be on a form prepared by the Board
and containing such information as may be necessary to determine
whether or not the applicant has complied with the provisions of the
Oklahoma Abstractors Act. The application shall be accompanied by a
fee and a bond. The bond may be a corporate surety bond or a
personal bond in the form of cash or a certificate of deposit
endorsed in favor of and delivered to the Board. The application fee
shall be set by the Board in an amount determined by the number of
counties in which the applicant desires to do business not to exceed
the following schedule:
County Population Fee Not to Exceed
Less than 10,000 $500.00
10,000 but less than 30,000 $1,000.00
5-(6//9/4//.#037 <7
30,000 but less than 60,000 $1,500.00
60,000 but less than 100,000 $2,000.00
100,000 but less than 200,000 $3,000.00
200,000 or more $4,000.00
B. The applicant shall furnish proof to the Board that there is
an abstract plant available for use for each county for which
abstracts will be prepared, or that the applicant was engaged in the
business of abstracting in this state on January 1, 1984, and had a
valid certificate of authority pursuant to the laws of this state on
that date for each county in which the applicant wishes to do
business. Or, if it is finally determined that the applicant was
entitled to a valid certificate of authority pursuant to the
provisions of the previous law, said applicant shall be deemed to
have been engaged in the business of abstracting on January 1, 1984,
and had a valid certificate of authority pursuant to the laws of this
state for each county in which the applicant wishes to do business.
All periods for compliance for a certificate of authority pursuant to
the provisions of the Oklahoma Abstractors Act shall be extended for
like periods from the date of such determination notwithstanding
other provisions of the Oklahoma Abstractors Act.
C. The applicant also shall furnish proof of either errors and
omissions insurance or a bond for each county in which the applicant
wishes to do business to pay damages for possible errors in abstracts
prepared subject to the provisions of the certificate as follows:
County Population Amount of Bond
Less than 30,000 $15,000.00
30,000 but less than 60,000 $25,000.00
60,000 but less than 100,000 $50,000.00
100,000 or more $100,000.00
The bond may be a corporate surety bond or a personal bond in the
form of cash or a certificate of deposit endorsed in favor of and
delivered to the Board.
Added by Laws 1984, c. 163, § 5, eff. Nov. 1, 1984. Amended by Laws
1988, c. 56, § 1, eff. Nov. 1, 1988; Laws 2007, c. 359, § 9, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.14 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-28. Independent set of abstract books or other system of indexes
required.
In addition to the bond required any person, firm, corporation,
or other entity not engaged in the business of abstracting on January
1, 1984, desiring to enter into the business of compiling or
abstracting titles to real estate in any of the counties of the State
of Oklahoma from and after the passage of the Oklahoma Abstractors
Act, shall have for use in such business an independent set of
abstract books or other system of indexes compiled from the
instruments of record affecting real estate in the office of the
5-(6//9/4//.#037 <7,
county clerk, and not copied from the indexes in said office, showing
in a sufficiently comprehensive form all instruments affecting the
title to real property on file, of record and currently available for
reproduction in the office of the county clerk and court clerk of the
county wherein such business is conducted, provided that nothing in
this section shall in any way be construed as to limit the liability
of the holder of a certificate of authority to provide an abstract of
title compiled and certified to in accordance with the Oklahoma
Abstractors Act.
Added by Laws 1984, c. 163, § 6, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 10, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.15 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008. Amended by
Laws 2008, c. 97, § 2, eff. Nov. 1, 2008.
§1-29. Persons, firms, corporations or other entities not engaged in
abstracting on January 1, 1984 - Application for certificate of
authority.
Any person, firm, corporation, or other entity who wishes to
engage in the business of abstracting in this state who was not
engaged in the business of abstracting in this state on January 1,
1984, or who did not have a valid certificate of authority in this
state on such date shall make application for a certificate of
authority. At the time of application, the Oklahoma Abstractors
Board shall notify all certificate holders doing business in the
county of the application.
Added by Laws 1984, c. 163, § 8, eff. Nov 1, 1984. Amended by Laws
2007, c. 359, § 11, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.17 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-30. Certificate of authority - Issuance - Renewal - List of
abstracting fees.
A. The Oklahoma Abstractors Board shall issue a certificate of
authority to any applicant who has complied with the provisions of
the Oklahoma Abstractors Act. The certificate shall be in written
form and shall indicate the county or counties in which the applicant
may operate. The certificate shall be prominently displayed in the
office of the certificate holder.
B. All certificates of authority issued pursuant to the
provisions of the Oklahoma Abstractors Act shall expire annually on a
staggered schedule established by the Board except the first
certificates which may cover more than one (1) year but less than two
(2) years. Renewal procedures are as follows:
1. Applications for renewal shall be made ninety (90) days prior
to expiration and shall be accompanied by a renewal fee in an amount
determined by the Board not to exceed the original application fee;
2. Any individual, firm, corporation, or other entity holding a
certificate of authority who fails to apply for renewal and pay the
5-(6//9/4//.#037 <7
renewal fee shall be notified by the Board no later than sixty (60)
days prior to expiration of the certificate of authority;
3. The individual, firm, corporation, or other entity shall have
thirty (30) days from the date of notification to file a renewal
application; and
4. The name of any individual, firm, corporation, or other
entity failing to renew the certificate of authority shall be
stricken from the records of the Board and said individual, firm,
corporation, or other entity shall no longer engage in the business
of abstracting in this state until authorized.
C. A list of abstracting fees shall be attached to an
application for certificate of authority, an application to renew a
certificate of authority and an application to transfer a certificate
of authority. No certificate of authority shall be issued to any
applicant until the list of abstracting fees is approved by the
Board.
Added by Laws 1984, c. 163, § 9, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 4, eff. July 1, 2007; Laws 2007, c. 359, § 12, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.18 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-31. Current abstract plant required.
Beginning November 1, 1984, all individuals, firms, corporations,
or other entities engaging in the business of abstracting, shall have
available for use or commence compilation of an abstract plant and
thereafter shall maintain in a current condition said plant. Failure
to do so shall render its certificates of authority subject to
revocation. An abstract plant shall be deemed in a current condition
if it reflects all documents or other matters that are filed in said
county except those filed within the preceding fifteen (15) days.
Holders of a certificate of authority issued pursuant to law who were
engaged in the business of abstracting on November 1, 1984, shall not
be required to construct or maintain an abstract plant of documents
filed or recorded prior to November 1, 1984. If any such holder
allows said certificate of authority to lapse after November 1, 1984,
he shall be required to apply for a new certificate of authority
before resuming the business of abstracting.
Added by Laws 1984, c. 163, § 10, eff. Nov. 1, 1984. Renumbered from
Title 74, § 227.19 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-32. Abstracts and other documents to be provided without delay -
Valid order therefor - Failure to furnish - Penalties - Exclusions.
A. All abstractors shall furnish abstracts, abstract extensions,
supplemental abstracts or final title reports as desired, to the
persons applying therefor, in the order of receipt of a valid order
therefor, without unnecessary delay, and for reasonable compensation
pursuant to the requirements of the Oklahoma Abstractors Act. A
5-(6//9/4//.#037 <7&
valid order is a written order from the person applying for the order
who is a party to the transaction containing the following elements:
1. A complete and accurate legal description or a complete and
accurate address, as applicable;
2. The availability of any necessary base abstract; and
3. An up-front commitment to pay for the order either upon
delivery or other payment conditions agreed to by the parties to the
transaction or a stated cancellation fee amount.
B. Failure of an abstractor to furnish an abstract, abstract
extension, supplemental abstract or final title report within the
following time periods shall constitute unnecessary delay:
1. For furnishing new abstracts:
a. unplatted: twenty (20) business days, and
b. platted: fifteen (15) business days; and
2. For furnishing an abstract extension, supplemental abstract
or final title report:
a. unplatted: seventeen (17) business days, and
b. platted: twelve (12) business days.
C. All licensed abstractors and certificate of authority
holders, whose business is hereby declared to stand upon a like
footing with that of common carriers, who shall refuse to do so, upon
receipt of a valid order for the abstract, abstract extension,
supplemental abstract or final title report, shall be subject to the
following:
1. A civil penalty of not less than One Hundred Dollars
($100.00) nor more than One Thousand Dollars ($1,000.00) for each
occurrence;
2. Liability in any action for damages, loss or injury which any
person may suffer or incur by reason of failure to furnish such
abstract, abstract extension, supplemental abstract or final title
report pursuant to the provisions of this section. This penalty may
be enforced in the same manner in which civil judgments may be
enforced; and
3. Any administrative penalties and fines enforced by the
Oklahoma Abstractors Board.
D. The provisions of this section shall not apply to orders for
abstracts on oil, gas, and other minerals.
Added by Laws 1984, c. 163, § 11, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 5, eff. July 1, 2007; Laws 2007, c. 359, § 13, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.20 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-33. Repeated violations - Temporary certificate of authority to
another.
In the event that a holder of a certificate of authority has had
repeated violations of the provisions of either Section 35 or 41 of
Title 1 of the Oklahoma Statutes, the Oklahoma Abstractors Board
5-(6//9/4//.#037 <7%
shall establish a procedure whereby a temporary certificate of
authority may be issued to another holder of a certificate of
authority licensed in this state to meet the consumer needs in the
county wherein the violations occurred. The certificate shall be
subject to the following:
1. The temporary certificate of authority shall be valid for
ninety (90) days;
2. Additional ninety-day renewals may be granted if deemed
appropriate;
3. The holder of a temporary certificate of authority shall
provide a fee schedule for the county covered by the temporary
certificate of authority. The fee schedule may or may not be the
same as the current fee schedule of the holder of the certificate of
authority receiving the temporary certificate of authority; and
4. The holder of a temporary certificate of authority shall not
be required to furnish proof of the existence of an abstract plant
required in Section 27 of Title 1 of the Oklahoma Statutes.
Added by Laws 2006, c. 269, § 6, eff. July 1, 2007. Amended by Laws
2007, c. 359, § 14, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.20A by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-34. Development of abstract plant - Permit.
Any person wishing to develop an abstract plant shall make
application for a permit. The application shall be on a form
prepared by the Oklahoma Abstractors Board and shall be accompanied
by the fee and the bond as provided in Section 27 of Title 1 of the
Oklahoma Statutes. All permits shall expire annually. A permit
holder who has not completed development of an abstract plant at the
time the permit expires may apply for renewal of the permit.
Applications for renewal must be made thirty (30) days prior to the
scheduled expiration of the original permit and shall be accompanied
by the renewal fee. The permit holder shall comply with the
provisions of the Oklahoma Abstractors Act to obtain a certificate of
authority after completion of the abstract plant.
Added by Laws 1984, c. 163, § 12, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 7, eff. July 1, 2007; Laws 2007, c. 359, § 15, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.21 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-35. Censure, suspension, revocation, continuance, renewal or
refusal to issue certificate of authority or permit - Civil
penalties.
A. The Oklahoma Abstractors Board shall censure, suspend,
revoke, continue, renew, or refuse to issue any certificate of
authority or permit issued or applied for pursuant to the provisions
of the Oklahoma Abstractors Act, if, after a hearing, the Board finds
any one or more of the following conditions:
5-(6//9/4//.#037 <7!
1. Any untrue statement in the application for a certificate of
authority or permit;
2. The violation of or noncompliance with any provision of the
Oklahoma Abstractors Act or rule, regulation, or order of the Board;
3. The obtaining of or attempt to obtain a certificate of
authority or permit through fraud or misrepresentation;
4. Conviction of or plea of guilty or nolo contendere to a
felony in this state, another state, or a federal court or of a
misdemeanor involving moral turpitude;
5. Conspiracy involving the certificate holder or the
certificate holder’s agents to obtain an abstract license for an
employee, prospective employee, or other person through fraud or
misrepresentation;
6. Failure to properly supervise an abstract licensee whose
license is issued through the certificate holder; or
7. Failure to provide an abstract, abstract extension,
supplemental abstract or final title report pursuant to the
requirements of Section 32 of Title 1 of the Oklahoma Statutes.
B. In addition to or in lieu of any censure, denial, suspension,
or revocation of a certificate or permit, any person, firm,
corporation, or other entity violating the provisions of the Oklahoma
Abstractors Act shall be subject to a civil penalty of not less than
One Hundred Dollars ($100.00) nor more than Ten Thousand Dollars
($10,000.00) for each occurrence. The fine may be enforced in the
same manner in which civil judgments may be enforced.
Added by Laws 1984, c. 163, § 13, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 8, eff. July 1, 2007; Laws 2007, c. 359, § 16, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.22 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-36. Rights and responsibilities of abstractors.
A. Any person, firm, corporation, or other entity holding a
valid abstract license or permit, or any abstract licensee affiliated
with such person, firm, corporation, or other entity, shall:
1. Have free access to the instruments of record affecting real
property filed in any city, county, or state office;
2. Be permitted to make such memoranda, notations, or copies of
such instruments of record;
3. Occupy reasonable space with equipment for that purpose
during the business hours of such office;
4. Make and prepare abstracts; and
5. Compile, post, copy, and maintain his or her books, records,
and indexes.
B. The records in any city, county, or state office shall not be
taken from the office to which they belong, for any reason, except
that records may be taken from the office of the district court clerk
by an abstractor who is doing business within that county and has an
5-(6//9/4//.#037 <7*
approved bond on file with the county clerk for a period of time not
to exceed twenty-four (24) hours after first giving proper receipt to
the appropriate clerk or deputy.
C. An abstractor shall have the right of access to any
instrument filed of record in a county office, not later than the
close of business of the first business day following the day of
filing. There shall be no fee charged for providing access to the
instrument.
D. For purposes of this section, "access" means possession of
said instrument to mechanically reproduce it, either in the office or
out of the office of filing, at the discretion of the county officer
having custody of the instrument, which reproduction shall be
completed not later than the close of business of the first business
day following the day of receipt of the document. Provided if the
abstractor fails to return the files within the twenty-four-hour
period, the county officer in his or her discretion may refuse to
allow the abstractor to remove said files at a later date. Any
county officer making such refusal shall send written notice of such
action to the Oklahoma Abstractors Board.
E. Access to instruments of record shall be for immediate and
lawful abstracting purposes only. The sale of the instruments of
record for profit to the public either on the internet or any other
such forum by any company holding a permit to build an abstract plant
is prohibited, and a violation of this subsection shall be considered
a violation of the Oklahoma Abstractors Law.
F. All certificates of authority or permit holders and abstract
licensees shall be subject to the same obligation to protect and
preserve the public records to which they have access as do the
public officers who have legal custody of such records. Holders of
certificates of authority or permits and abstract licensees shall be
subject to the same penalties for a violation of such duty as said
officers.
G. Reliance on the county indexes in the preparation of an
abstract of title shall not be a defense of liability for an error or
omission in an abstract of title.
Added by Laws 1984, c. 163, § 14, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 17, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.23 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008. Amended by
Laws 2008, c. 84, § 1, eff. Nov. 1, 2008.
§1-37. Certain employees required to hold abstract license -
Exemptions.
Any person in the employ of a holder of a certificate of
authority or permit for the purpose of searching county records or
compiling abstracts shall hold an abstract license. The provisions
of this section shall not apply to an employee whose sole function is
5-(6//9/4//.#037 <7$
to put the work product of others into typewritten or other readable
form.
Added by Laws 1984, c. 163, § 15, eff. Nov. 1, 1984. Renumbered from
Title 74, § 227.24 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-38. Qualifications for issuance of license - Term of license -
License fee.
A. An abstract license shall be issued by the Oklahoma
Abstractors Board to an applicant who:
1. Is eighteen (18) years of age or older;
2. Is of good moral character;
3. Has not been convicted of or pleaded guilty or nolo
contendere to a felony or crime of moral turpitude in this state,
another state, or a federal court; and
4. Has passed a test for abstractors required by the Board.
B. Each abstract license shall be valid for one (1) year. The
Board shall set the fees for an abstract license and for renewal not
to exceed One Hundred Fifty Dollars ($150.00).
Added by Laws 1984, c. 163, § 16, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 9, eff. July 1, 2007; Laws 2007, c. 359, § 18, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.25 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-39. Supervision of licensees.
All abstract licensees shall submit to the supervision of a
holder of a certificate of authority or permit and shall inform the
Oklahoma Abstractors Board in writing of the name and address of that
holder of a certificate of authority or permit. If the licensee
leaves the employ of that holder of a certificate of authority or
permit or changes employment to another holder of a certificate of
authority or permit, he shall so inform the Board in writing within
ten (10) days of the action.
Added by Laws 1984, c. 163, § 17, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 19, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.26 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-40. Censure, revocation or suspension of abstract license.
Upon good cause shown and after a hearing, the Oklahoma
Abstractors Board may censure a licensee or revoke or suspend his
abstract license for any of the following acts:
1. Making of a materially fraudulent statement in an application
for an abstract license; or
2. Having been convicted and exhausted all appellate remedies in
a court of competent jurisdiction in this or any other state or a
federal court of the crime of forgery, embezzlement, obtaining money
under false pretenses, extortion, conspiracy to defraud, fraud, or
5-(6//9/4//.#037 <7+
any similar offense, or pleading guilty or nolo contendere to any
such offense; or
3. Destroying or secreting public records, or failing to return
said records within the designated time; or
4. Any other conduct which constitutes untrustworthy or
improper, fraudulent, or dishonest activities; or
5. Disregarding or violating any provision of the Oklahoma
Abstractors Act; or
6. Continued violation after notice from the Board of engaging
in a practice of charging excessive abstracting fees.
Added by Laws 1984, c. 163, § 18, eff. Nov. 1, 1984. Amended by Laws
2007, c. 359, § 20, eff. Jan. 1, 2008. Renumbered from Title 74, §
227.27 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-41. Unlawful business inducements - Charges for abstracts,
abstract extensions, supplemental abstracts and final title reports -
List of abstracting fees - Civil penalties.
A. It shall be unlawful for any abstractor as an inducement to
obtaining any business to pay, rebate, or deduct any portion of or to
permit any deduction from a charge made for making, extending, or
certifying an abstract of title, to:
1. Any owner, mortgagee, or lessee of the real property covered
by the abstract of title, or of any right, title, or interest in or
lien upon the same;
2. Any principal, broker, agent, or attorney in connection with
a sale or lease of real property or the making or obtaining of a loan
thereon in which an abstract of title is required, used, or
furnished; and
3. Any spouse, child, employee, ward, officer, director,
subsidiary, affiliate, parent, relative within the fifth degree,
personal representative, or partner of any person, firm, or
corporation included in this section.
B. All charges for abstracts, abstract extensions, supplemental
abstracts or final title reports shall be separately stated and shall
not be combined with title insurance, closing fees, or examination
charges, shall be uniform for all abstracts, abstract extensions,
supplemental abstracts or final title reports of whatsoever kind or
nature, whether the abstract, abstract extension, supplemental
abstract or final title report is prepared for use by the abstractor
or for others purchasing abstracts, abstract extensions, supplemental
abstracts or final title reports from the abstractor; and any other
charge therefor shall be unlawful.
C. The list of abstracting fees required to be attached to an
application for certificate of authority, an application to renew a
certificate of authority and an application to transfer a certificate
of authority pursuant to the provisions of Section 227.18 of this
title shall include all fees the applicant intends to charge for
5-(6//9/4//.#037 <7
abstracts, abstract extensions, supplemental abstracts or final title
reports. The Oklahoma Abstractors Board shall notify the applicant
in writing of any action taken with regard to the requested fees
within sixty (60) days of submission. If no notice is provided
regarding the submitted fees, they will be deemed to become effective
on the sixty-first day following the day the application was
submitted to the Board. The fees shall also be subject to the
following:
1. No fee shall be charged that is not on the approved list;
2. The holder of the certificate of authority may submit an
amended list of fees once a year requesting approval for changes to
the currently approved fees; and
3. The amended list of fees must be approved before becoming
effective. The Board may disapprove a list of fees or an amended
list of fees if the fees are determined to be excessive or are used
as an unlawful inducement. In determining whether a fee is
excessive, the Board may consider any or all of the following:
a. the change from any prior rate for the same abstract,
abstract extension, supplemental abstract or final
title report,
b. the fee charged by other holders of certificates of
authority within the same county, in adjacent counties,
and in counties with similar characteristics,
c. the amount of work performed,
d. the time required to perform the work,
e. the amount of financial risk involved to the holder of
the certificate of authority,
f. the cost of providing the abstract, abstract extension,
supplemental abstract or final title report,
g. the availability of competition,
h. the average cost for such services across the state,
and
i. any other relevant factor applicable to a particular
set of circumstances presented for approval.
D. In addition to any other penalty any person, firm,
corporation, or other entity violating the provisions of this section
shall be subject to a civil penalty of not less than One Hundred
Dollars ($100.00) and not more than One Thousand Dollars ($1,000.00)
for each occurrence. The fine may be enforced in the same manner in
which civil judgments may be enforced.
Added by Laws 1984, c. 163, § 19, eff. Nov. 1, 1984. Amended by Laws
2006, c. 269, § 10, eff. July 1, 2007; Laws 2007, c. 359, § 21, eff.
Jan. 1, 2008. Renumbered from Title 74, § 227.28 by Laws 2007, c.
359, § 22, eff. Jan. 1, 2008.
§1-42. Limitation of actions.
5-(6//9/4//.#037 <7
An action for damages by reason of any imperfect or false
abstract hereafter compiled must be brought within five (5) years
from the date the abstract certificate was issued.
Added by Laws 1984, c. 163, § 20, eff. Nov. 1, 1984. Renumbered from
Title 74, § 227.29 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
§1-43. Real property purchaser – Retention of abstract.
A purchaser of real property shall have the opportunity to retain
possession of the abstract for the property being purchased. The
purchaser shall be notified about the option to retain possession at
the scheduled closing; however, if a contractual obligation to a
mortgage company requires retention of the abstract by that mortgage
company, then the purchaser shall have an opportunity to take
possession of the abstract upon complete performance of the
contractual obligations. If a duly licensed abstract company is
holding or storing the abstract, upon written request from the owner
or another party to a current transaction, the licensed abstractor
shall release the abstract without delay. All licensed abstractors
and certificate of authority holders who refuse to do so shall be
subject to the following:
1. A civil penalty to the requesting party of not less than One
Hundred Dollars ($100.00) and not more than One Thousand Dollars
($1,000.00) for each occurrence;
2. Liability in any action for damages, loss or injury suffered
or incurred by any person by reason of failure to deliver the
abstract pursuant to the provisions of this section. Any civil
judgment rendered pursuant to this paragraph may be enforced in the
same manner in which other civil judgments may be enforced; and
3. Any administrative penalties and fines enforced by the
Oklahoma Abstractors Board.
Added by Laws 2002, c. 36, § 1, eff. Nov. 1, 2002. Renumbered from §
227.30 of Title 74 by Laws 2007, c. 359, § 22, eff. Jan. 1, 2008.
Amended by Laws 2017, c. 148, § 1, eff. Nov. 1, 2017.
5-(6//9/4//.#037 <7&,