Okla. Stat. tit. 31, § 31-2
This is the official text of Okla. Stat. tit. 31, § 31-2, part of Oklahoma’s Stat. tit. 31, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 31,." Browse the sections below, each linked to its official government source.
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Homestead - Area and value - Indian allottees - Temporary
Official statutory text
renting.
A. The homestead of any person in this state, not within any
city or town, shall consist of not more than one hundred sixty (160)
acres of land, which may be in one or more parcels, to be selected
by the owner.
B. Effective November 1, 1997, the homestead of any person in
this state, not within any city or town, annexed by a city or town
on or after November 1, 1997, owned and occupied and used for both
residential and commercial agricultural purposes shall consist of
not more than one hundred sixty (160) acres of land, which may be in
one or more parcels, to be selected by the owner.
C. The homestead of any person within any city or town, owned
and occupied as a residence only, or used for both residential and
business purposes, shall consist of not exceeding one (1) acre of
land, to be selected by the owner. For purposes of this subsection,
at least seventy-five percent (75%) of the total square foot area of
the improvements for which a homestead exemption is claimed must be
used as the principal residence in order to qualify for the
exemption. If more than twenty-five percent (25%) of the total
square foot area of the improvements for which a homestead exemption
is claimed is used for business purposes, the homestead exemption
amount shall not exceed Five Thousand Dollars ($5,000.00).
D. Nothing in the laws of the United States, or any treaties
with the Indian tribes in the state, shall deprive any Indian or
other allottee of the benefit of the homestead and exemption laws of
the state.
E. Any temporary renting of the homestead shall not change the
character of the same, when no other homestead has been acquired.
Oklahoma Statutes - Title 31. Homestead and Exemptions Page 5
R.L. 1910, § 3343. Amended by Laws 1980, c. 342, § 2, emerg. eff.
June 25, 1980; Laws 1997, c. 104, § 2, eff. Nov. 1, 1997; Laws 1997,
c. 345, § 2, eff. Nov. 1, 1997.
A. The homestead of any person in this state, not within any
city or town, shall consist of not more than one hundred sixty (160)
acres of land, which may be in one or more parcels, to be selected
by the owner.
B. Effective November 1, 1997, the homestead of any person in
this state, not within any city or town, annexed by a city or town
on or after November 1, 1997, owned and occupied and used for both
residential and commercial agricultural purposes shall consist of
not more than one hundred sixty (160) acres of land, which may be in
one or more parcels, to be selected by the owner.
C. The homestead of any person within any city or town, owned
and occupied as a residence only, or used for both residential and
business purposes, shall consist of not exceeding one (1) acre of
land, to be selected by the owner. For purposes of this subsection,
at least seventy-five percent (75%) of the total square foot area of
the improvements for which a homestead exemption is claimed must be
used as the principal residence in order to qualify for the
exemption. If more than twenty-five percent (25%) of the total
square foot area of the improvements for which a homestead exemption
is claimed is used for business purposes, the homestead exemption
amount shall not exceed Five Thousand Dollars ($5,000.00).
D. Nothing in the laws of the United States, or any treaties
with the Indian tribes in the state, shall deprive any Indian or
other allottee of the benefit of the homestead and exemption laws of
the state.
E. Any temporary renting of the homestead shall not change the
character of the same, when no other homestead has been acquired.
Oklahoma Statutes - Title 31. Homestead and Exemptions Page 5
R.L. 1910, § 3343. Amended by Laws 1980, c. 342, § 2, emerg. eff.
June 25, 1980; Laws 1997, c. 104, § 2, eff. Nov. 1, 1997; Laws 1997,
c. 345, § 2, eff. Nov. 1, 1997.
Status: in_force · Read it on the official government site
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