{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-3201","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-3201","heading":"Imposition of tax - Definitions","body":"A. A tax is hereby imposed on each deed, instrument, or writing\n\nby which any lands, tenements, or other realty sold shall be\n\ngranted, assigned, transferred, or otherwise conveyed to or vested\n\nin the purchaser or purchasers, or any other person or persons, by\n\nhis or their direction, when the consideration or value of the\n\ninterest or property conveyed, exclusive of the value of any lien or\n\nencumbrance remaining thereon at the time of sale, exceeds One\n\nHundred Dollars ($100.00). The tax shall be prorated at the rate of\n\nseventy-five cents ($0.75) for each Five Hundred Dollars ($500.00)\n\nof the consideration or any fractional part thereof.\n\nB. The tax is limited to conveyances of realty sold and does\n\nnot apply to other conveyances. The tax attaches at the time the\n\ndeed or other instrument of conveyance is executed and delivered to\n\nthe buyer, irrespective of the time when the sale is made.\n\nC. As used in this section:\n\n1. \"Sold\" means a transfer of an interest for a valuable\n\nconsideration, which may involve money or anything of value;\n\n2. \"Deed\" means any instrument or writing whereby realty is\n\nassigned, transferred, or otherwise conveyed to, or vested in, the\n\npurchaser or, at his direction, any other person; and\n\n3. \"Consideration\" means the actual pecuniary value exchanged\n\nor paid or to be exchanged or paid in the future, exclusive of\n\ninterest, whether in money or otherwise, for the transfer or\n\nconveyance of an interest of realty, including any assumed\n\nindebtedness.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1ba1f0b3f91ec04bd34f8418102284fc3d2cda75d93e8f88af4ded2094b7aa6b","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-320","next":"us-ok/okla.-stat.-tit.-68-68-3202"},"notice":"GroundRules: Original legal text. Not legal advice."}