Okla. Stat. tit. 31, § 31-2: Homestead - Area and value - Indian allottees - Temporary

renting.

A. The homestead of any person in this state, not within any

city or town, shall consist of not more than one hundred sixty (160)

acres of land, which may be in one or more parcels, to be selected

by the owner.

B. Effective November 1, 1997, the homestead of any person in

this state, not within any city or town, annexed by a city or town

on or after November 1, 1997, owned and occupied and used for both

residential and commercial agricultural purposes shall consist of

not more than one hundred sixty (160) acres of land, which may be in

one or more parcels, to be selected by the owner.

C. The homestead of any person within any city or town, owned

and occupied as a residence only, or used for both residential and

business purposes, shall consist of not exceeding one (1) acre of

land, to be selected by the owner. For purposes of this subsection,

at least seventy-five percent (75%) of the total square foot area of

the improvements for which a homestead exemption is claimed must be

used as the principal residence in order to qualify for the

exemption. If more than twenty-five percent (25%) of the total

square foot area of the improvements for which a homestead exemption

is claimed is used for business purposes, the homestead exemption

amount shall not exceed Five Thousand Dollars ($5,000.00).

D. Nothing in the laws of the United States, or any treaties

with the Indian tribes in the state, shall deprive any Indian or

other allottee of the benefit of the homestead and exemption laws of

the state.

E. Any temporary renting of the homestead shall not change the

character of the same, when no other homestead has been acquired.

R.L. 1910, § 3343. Amended by Laws 1980, c. 342, § 2, emerg. eff.

June 25, 1980; Laws 1997, c. 104, § 2, eff. Nov. 1, 1997; Laws 1997,

c. 345, § 2, eff. Nov. 1, 1997.