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Oklahoma · 59 O.S. §§858-353–858-364Oklahoma broker duties disclosure and the deed-theft notice at closing

Every Oklahoma broker owes all parties duties that can't be waived: honesty and reasonable skill and care, receiving and presenting written offers, timely accounting for money and property, keeping specified information confidential, the property condition disclosures, and written disclosure of compensation and fees to the represented party before the contract's effective date (59 O.S. §858-353(A)). A broker describes and discloses those duties in writing before the party signs a contract to buy, sell, lease, option or exchange; a firm serving both sides notifies both in writing before they sign; and a broker providing fewer services discloses which steps it won't handle (§858-355.1(C)–(E)). Each party confirms these disclosures in writing in a separate provision in or attached to the contract, or the broker documents compliance if it didn't prepare the contract (§858-356). Since November 1, 2025, as part of each closing the broker gives the buyer a notification of the signs and risks of deed theft, and the buyer signs it (§858-364; deed theft is defined in §858-351).

The rules

  1. 1. Duties (§858-353)

    Honesty, offers, accounting, confidentiality, disclosures and written compensation terms.

  2. 2. Before the contract (§858-355.1)

    Written disclosure of duties; notice when one firm serves both sides.

  3. 3. Confirmation (§858-356)

    Each party confirms in a separate provision in or attached to the contract.

  4. 4. Deed theft notice (§858-364)

    Given to the buyer and signed at every closing, from November 1, 2025.

What the TC can do

  • Check the contract has the signed duties confirmation from each party.
  • Add the deed-theft notice to the closing package and file the buyer's signed copy.
  • If one firm represents both sides, keep the written notice given before signing.

Questions about Oklahoma broker disclosures

What is the Oklahoma deed theft notice?

Since November 1, 2025, a notification of the signs and risks of deed theft that the broker gives the buyer at each closing; the buyer signs to confirm receipt (59 O.S. §858-364).

When must an Oklahoma broker disclose its duties?

In writing, before the party signs a contract to sell, purchase, lease, option or exchange real estate (§858-355.1(C)).

Related guides

Add the deed-theft notice and the duties confirmation as closing tasks in ClosingCode, each with an owner and a due date.

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Source: Oklahoma Statutes Title 59 §§858-351, 858-353, 858-355.1, 858-356 and 858-364 (oklegislature.gov, read October 26, 2026).

General information, not legal advice. ClosingCode is software; it is not a law firm or brokerage. This guide is not a substitute for the advice or services of an attorney.