Oklahoma rental/lease agreements

 In the state of Oklahoma, you can make use of the Oklahoma rental and lease agreements for creating a lease contract between a lessor and a lessee for the use of property in Oklahoma for habitation or business purposes. A lessor normally uses a rental application to ascertain the employment status and background information of a potential lessee. It usually attracts a small processing fee. 

Oklahoma rental/lease agreement templates

Oklahoma rental/lease agreements

6 Types of Oklahoma lease agreements

Commercial Rental Lease Agreement  – This agreement is used for commercial-related tenancies in the state is more negotiable and complex than standard residential leases.  

Monthly Rental lease Agreement (§ 41-111)- This type of lease agreement may be terminated by the occupant or lessor and requires a minimum of thirty days' notice with rent renewable every month. 

Rent-to-Own Rental Agreement – This is a contractual lease that provides the tenant the option to purchase the property when certain conditions are met. The price can be negotiated upfront or when the right to purchase the property is exercised. 

Roommate Lease Agreement – Form for establishing an agreement between individuals in a shared living space over their responsibilities for the payment of electricity, water, rental payment, etc.

Standard Residential Rental Contract – This contract is a popular residential lease agreement with a start and end date typically lasting for one year. It is highly regulated in terms of the security deposit, how the lease can be terminated, etc. Because of the potential liability, it’s important to properly screen tenants beforehand.  

Sublease Rental Contract – The decision of a lessee to re-rent their dwelling to a new occupant (subtenant) to take up responsibility for the remainder of the lease period. This type of tenancy comes in two options: a commercial sublease and a residential sublease. And may require the approval of the property owner. 

Three disclosure requirements

Flood Disclosure Form (§ 41-113a) – If the said dwelling has experienced flooding at any time in the past five years, and the property owner knows about it, all information about this event is required to be sent to the lessee.

Agent Disclosure (§ 41-116) – Persons allowed on the premises by the lessor are required to be made known to the occupants via the leasing contract.

Lead-Based Paint Information – The law states that owners of buildings constructed before the year 1978 must provide notice to the lessees of the possible existence of lead-based paint inside and around the building. 

Access to property

The lessor is required to provide notice to the lessee of a minimum of twenty-four hours before accessing the premises for repairs or maintenance reasons under § 41-128.

Money deposited as security

Maximum – No limits. At the discretion of the property owner.

Returning (§ 41-115) – The lessor must pay back the security deposit within forty-five days after the expiry of tenancy and they have vacated the premises and returned the dwelling to the property owner.

Download our free Oklahoma rental/lease agreements in an instant to create a legally binding document.

Download our free Oklahoma rental/lease agreements in an instant to create a legally binding document.

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