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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 60, § 60-517: Removal of property from provisions of act

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Where this section sits in the code
  1. OK Code
  2. Title 60

The unit owners, by unanimous action, may remove a property from

the provisions of this act by an instrument to that effect, duly

recorded, provided that the holders of all liens affecting any of

the units consent thereto or agree, in either case by instruments

duly recorded, that their liens be transferred to an undivided

interest in the property.

Upon removal of the property from the provisions of this act,

the property shall be deemed to be owned in common by the unit

owners. The undivided interest in the property owned in common which

shall appertain to each unit owner shall be the percentage of

undivided interest previously owned by such owner in the common

elements and facilities.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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