2015 Oklahoma Statutes
Title 46. Mortgages
§46-19. Definitions.
As used in this act:
1. "Buyer" means a person who purchases property through financing, in whole or in part, by a loan secured by the property;
2. "Mortgagee" means a person who provides financing, in whole or in part, to a buyer for the purchase of property and the financing is secured by the property;
3. "Person" means an individual, partnership, corporation, trust or other legal entity;
4. "Property" means real property which is either improved property or unimproved property which is purchased through financing by a loan for construction; and
5. "Title protection document" means a lawyer's title opinion letter, a title certificate, a title insurance policy or other written assurance as to the state of the title to property.
Laws 1979, c. 166, § 1.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
