Okla. Stat. tit. 60, § 60-121

Ownership of personalty.

A. As used in Sections 121 through 127 of this title:

1. “Deed” means any instrument in writing whereby land is

assigned, transferred, or otherwise conveyed to, or vested in, the

person coming into title or, at his or her direction, any other

person;

2. “Foreign government adversary” means a government other than

the federal government of the United States, the government of any

state, political subdivision of the state, tribe, territory, or

possession of the United States and designated by the United States

Secretary of State as hostile or a Country of Particular Concern

(CPC);

3. “Foreign government enterprise” means a business entity,

sovereign wealth fund, or state-backed investment fund in which a

foreign government adversary holds a controlling interest;

4. “Foreign government entity” means a government other than

the federal government of the United States, the government of any

state, political subdivision of the state, tribe, territory, or

possession of the United States; and

5. “Land” means the same as defined in Section 6 of this title,

but shall not include oil, gas, other minerals, or any interest

therein.

B. No alien or any person who is not a citizen of the United

States or foreign government adversary shall acquire title to or own

land in this state either directly or indirectly through a business

entity, trust, or foreign government enterprise, except as

hereinafter provided, but they shall have and enjoy in this state

such rights as to personal property as are, or shall be, accorded a

citizen of the United States under the laws of the nation to which

such alien belongs, or by the treaties of such nation with the

United States, except as the same may be affected by the provisions

of Section 121 et seq. of this title or the Constitution of this

state. Provided, however, the requirements of this subsection shall

not apply to a business entity that is engaged in regulated

interstate commerce or has a national security agreement with the

Committee on Foreign Investment in the United States (CFIUS) in

accordance with federal law.

C. On or after November 1, 2023, any deed recorded with a

county clerk shall include as an exhibit to the deed an affidavit

executed by the person, the person’s attorney-in-fact, a court-

appointed guardian or personal representative, an authorized officer

of the entity, or trustee of the trust coming into title attesting

Oklahoma Statutes - Title 60. Property Page 39

that the person, business entity, or trust is obtaining the land in

compliance with the requirements of this section and that no funding

source is being used in the sale or transfer in violation of this

section or any other state or federal law. A county clerk shall not

accept and record any deed without an affidavit as required by this

section which is duly notarized pursuant to Title 49 of the Oklahoma

Statutes. The requirements of this subsection shall not apply to a:

1. Deed which, without additional consideration, confirms,

corrects, modifies, or supplements a deed previously recorded;

2. Deed made by a grantor to cure a defect in title or

effectuate a disclaimer of interest in real property;

3. Transfer-on-death deed made by a grantor designating a

grantee beneficiary pursuant to the Nontestamentary Transfer of

Property Act, Section 1251 et seq. of Title 58 of the Oklahoma

Statutes;

4. State or federal court order in an action to quiet title or

to cure a defect in title;

5. State or federal court order or decree in probate,

partition, quiet title, and divorce actions;

6. Deed which secures a debt or other obligation, or which

releases such property as security for a debt or other obligation;

7. Deed of dedication to the public; or

8. Deed in favor of the United States or any of its political

subdivisions, a state or any of its political subdivisions, or a

tribe.

The applicable exemption shall be shown on the face of the deed
t title, and divorce actions;

6. Deed which secures a debt or other obligation, or which

releases such property as security for a debt or other obligation;

7. Deed of dedication to the public; or

8. Deed in favor of the United States or any of its political

subdivisions, a state or any of its political subdivisions, or a

tribe.

The applicable exemption shall be shown on the face of the deed

prior to the recording of the deed and no affidavit shall be

required.

D. The Attorney General shall promulgate a separate affidavit

form for individuals and for business entities or trusts to comply

with the requirements of this section. The Attorney General may

establish additional exemptions which the Attorney General deems

necessary to substantially comply with the requirements of this

section. The county clerk may accept an affidavit in substantial

compliance with the affidavit form promulgated by the Attorney

General.

R.L. 1910, § 6646. Amended by Laws 2023, c. 327, § 1, eff. Nov. 1,

2023; Laws 2024, c. 373, § 1, eff. Nov. 1, 2024.