{"data":{"id":"us-ok/okla.-stat.-tit.-46-46-47","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 46, § 46-47","heading":"Closing of sale - Deed","body":"A. The sale shall be closed at a time and under reasonable\n\nconditions specified by the mortgagee at the time of the sale. Upon\n\nreceipt of payment in form satisfactory to the mortgagee, the\n\nmortgagee shall execute and deliver a deed, without warranty, to the\n\npurchaser that is in substantial compliance with the form for such a\n\ndeed prepared by the Administrative Director of the Courts with the\n\nassistance and approval of the Oklahoma Supreme Court and which\n\nidentifies the mortgagee's and other interests foreclosed and the\n\nparties involved, indicates where the documents evidencing those\n\ninterests are recorded, and recites that the deed is executed by the\n\nmortgagee exercising a power of sale after a breach or default and\n\nsale under this act. Signature and title or authority of the person\n\nsigning the deed as grantor is sufficient proof of the signer's\n\nauthority to sign. Further proof is not required even though the\n\nsigner is also named as grantee in the deed. The mortgagee's deed\n\nshall raise a presumption of compliance with the requirements of\n\nthis act regarding the exercise of the power of sale and the sale of\n\nthe property, including the giving of the notice of intention to\n\nforeclose and of sale and the conduct of the sale. Such deed shall\n\nconstitute conclusive evidence of the meeting of such requirements\n\nin favor of purchasers for value and without actual notice so long\n\nas the failure to meet those requirements would otherwise render the\n\nsale only voidable and, even if the sale is void, after the passage\n\nof two (2) years from the date of the recording of the deed.\n\nB. The mortgagee's deed, pursuant to compliance with the\n\nprovisions of this act, shall operate to convey to the purchaser the\n\ntitle, interest and claim of the mortgagee and of the mortgagor and\n\ntheir respective successors in interest, and of all persons claiming\n\nan interest in the property sold which was acquired subsequent to\n\nthe recording of the mortgage pursuant to which the power of sale is\n\nexercised and prior to delivery of the mortgagee's deed, or who join\n\nin the exercise of the power of sale. Such conveyance shall be\n\nabsolute, without right of redemption and clear of all liens,\n\nclaims, or interests to the extent provided in this section, if the\n\nrecord shows that all necessary parties were duly notified or served\n\nwith process as provided for herein and except for any statutory\n\nright of redemption which may be held by the United States of\n\nAmerica under authority of Section 2410 of Title 28 of the United\n\nStates Code, as amended.","path":["OK Code","Title 46"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os46.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"6738d593fa716e19069ae3bb3e70b5c6249a6080c73f5de0d7e709550b522fa4","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-46-46-46","next":"us-ok/okla.-stat.-tit.-46-46-48"},"notice":"GroundRules: Original legal text. Not legal advice."}