{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-49.13","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-49.13","heading":"Nature of rights - Subordination of interests","body":"NATURE OF RIGHTS; SUBORDINATION OF INTERESTS.\n\nA. Any person, including a person that owns an interest in the\n\nreal property, the agency, or a municipality or other unit of local\n\ngovernment, may be a holder. An environmental covenant may identify\n\nmore than one holder. The interest of a holder is an interest in\n\nreal property.\n\nB. A right of an agency under the Uniform Environmental\n\nCovenants Act or under an environmental covenant, other than a right\n\nas a holder, is not an interest in real property.\n\nC. An agency is bound by any obligation it assumes in an\n\nenvironmental covenant, but an agency does not assume obligations\n\nmerely by signing an environmental covenant. Any other person that\n\nsigns an environmental covenant is bound by the obligations the\n\nperson assumes in the covenant, but signing the covenant does not\n\nchange obligations, rights, or protections granted or imposed under\n\nlaw other than the Uniform Environmental Covenants Act except as\n\nprovided in the covenant.\n\nD. The following rules apply to interests in real property in\n\nexistence at the time an environmental covenant is created or\n\namended:\n\n1. An interest that has priority under other law is not\n\naffected by an environmental covenant unless the person that owns\n\nthe interest subordinates that interest to the covenant;\n\n2. The Uniform Environmental Covenants Act does not require a\n\nperson that owns a prior interest to subordinate that interest to an\n\nenvironmental covenant or to agree to be bound by the covenant;\n\n3. A subordination agreement may be contained in an\n\nenvironmental covenant covering real property or in a separate\n\nrecord. If the environmental covenant covers commonly owned\n\nproperty in a common interest community, the record may be signed by\n\nany person authorized by the governing board of the owners’\n\nassociation; and\n\n4. An agreement by a person to subordinate a prior interest to\n\nan environmental covenant affects the priority of that person’s\n\ninterest but does not by itself impose any affirmative obligation on\n\nthe person with respect to the environmental covenant.","path":["OK Code","Title 60"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os60.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"aea57e201f9513cfc6c8488d3805c524d527690aaae636552dbba7a3bde1bcb9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-49.12","next":"us-ok/okla.-stat.-tit.-60-60-49.14"},"notice":"GroundRules: Original legal text. Not legal advice."}