Oklahoma Quitclaim Deed Form

Last Updated: November 23, 2023 by Rukshani Lye

Oklahoma Quitclaim Template_1 on iPropertyManagement.com

What Is a Quitclaim Deed in Oklahoma?

A quitclaim deed in Oklahoma is a quick method of transferring property ownership. It allows the property owner (“Grantor”) to transfer their interests in the property to a new owner (“Grantee”) without requiring a title search or title insurance. While quitclaim deeds are an efficient way to transfer property, they provide the lowest level of security among real estate deeds in Oklahoma.

The most common use of quitclaim deeds is between two parties with high levels of trust, such as family members or close friends.

What is the Difference Between a Quitclaim Deed and a Warranty Deed in Oklahoma?

The difference between a quitclaim deed and a warranty deed is that quitclaim deeds do not make any promises of protection to the grantee if there are any problems with the title. Conversely, warranty deeds provide full protection to the grantee.

Read more

How Do Quitclaim Deeds Work in Oklahoma?

Oklahoma state law ruling quitclaim deeds can be found in Title 16 of the Oklahoma Statutes, which governs conveyances. The deed has to be in writing and contains specific language from the Grantor conveying the title to the Grantee.

For the deed to be valid, the Grantor must acknowledge and sign it before recording it at the Registrar of Deeds in the county clerk’s office where the real estate is situated.

Can You Prepare Your Own Quitclaim Deed in Oklahoma?

Oklahoma does not require a professional or specialist to prepare a quitclaim deed. Either party involved in the transaction can prepare the quitclaim deed so long as all the required information is included.

Oklahoma Quitclaim Deed Requirements

There are multiple requirements for formatting and content that need to be included in a quitclaim deed in Oklahoma.

Formatting Requirements

Formatting requirements for quitclaim deeds in Oklahoma include:

  1. Paper size cannot exceed 8.5 x 14 inches (legal size)
  2. Ink must be dark; minimum 10-point font.
  3. Top margin must measure 1 inch; remaining margins must be 0.5 inch minimum.
  4. Deed must be legible.
  5. Leave a blank space for the clerk’s stamp, and recording information.
  6. Deed must be an original document or a certified copy of the original document.

Content Requirements

Content requirements for quitclaim deeds in Oklahoma include:

  1. English Language.
  2. Grantor’s name, address, and marital status.
  3. Return Address.
  4. Date of transfer.
  5. Property Description.
  • Include indexing information (e.g., metes, bounds, township, range).
  • Each legal description counts as a separate line in the numerical index.
  • Up to twenty-five (25) legal descriptions can be on one page.
  • Additional legal descriptions are charged $1 each.

6. Granting Clause – Grantor’s intent to transfer property interest.

Who Signs a Quit Claim Deed in Oklahoma?

An Oklahoma quitclaim deed is not valid unless it is signed by personnel as required by state law, including:

  • The Grantor
  • If married, both spouses sign for a homestead unless one lives out of state.
  • For non-homestead, both sign or non-owner spouse signs an affidavit.
  • The Grantor must have their signature notarized by a notary.

How to File a Quitclaim Deed in Oklahoma

There are three main steps in order to file a quitclaim deed in Oklahoma:

  1. Fill out a quitclaim deed document.
  2. Obtain all necessary signatures on the document.
  3. Record the quitclaim deed with the County Clerk’s Office where the property is located.
Each county may have different instructions for recording or additional filing requirements.

How Much Does it Cost to File a Quitclaim Deed in Oklahoma?

The cost to file a quitclaim deed in Oklahoma is $8 for the first page and $2 for each additional page.

What Taxes Are Owed on Quitclaim Deeds in Oklahoma?

In Oklahoma, any quitclaim deed where the sale of the property exceeds $100 will be imposed by a transfer tax. The transfer tax is prorated at 0.75 cents per $500, determined by what was paid for the property. The tax is attached when the deed is delivered to the grantee.

How Long Does a Quitclaim Deed Take to be Recorded in Oklahoma?

There is no state statute governing the length of time it takes a quitclaim deed to be recorded in Oklahoma. The law solely states a deed needs to be recorded in order for it to be valid and enforced.

Since each county in Oklahoma has different procedures for filing, recording times differ.

What Happens After a Quitclaim Deed is Recorded in Oklahoma?

Recording of the deed gives notice to all third parties of the transfer of ownership. There are no formal steps to take after a deed is recorded in Oklahoma. The transfer of ownership of the property is official and creates a public record.

How Long Are Quitclaim Deeds Valid For in Oklahoma?

Quitclaim deeds do not expire in Oklahoma. The statute of limitations in Oklahoma for challenging quitclaim deeds is five years.