Okla. Stat. tit. 60, § 60-515.1
This is the official text of Okla. Stat. tit. 60, § 60-515.1, part of Oklahoma’s Stat. tit. 60, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 60,." Browse the sections below, each linked to its official government source.
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Instruments and liens - Effectiveness
Official statutory text
Any deed, mortgage or other instrument purporting to convey,
mortgage or encumber a unit ownership estate, or an interest in a
unit ownership estate, is effective only as to any unit in the unit
ownership estate in which the maker of such instrument owns an
interest of record at the time such conveyance or encumbrance is
received for filing by the county clerk, provided, a purchase money
mortgage shall be deemed to create a valid lien upon such of the
units described in the mortgage as are also described in the
concurrent conveyances to the mortgagor. Such instrument shall not
impair or otherwise encumber title to any interest in the unit
ownership estate not owned of record by the maker thereof at the
time of such conveyance or encumbrance.
mortgage or encumber a unit ownership estate, or an interest in a
unit ownership estate, is effective only as to any unit in the unit
ownership estate in which the maker of such instrument owns an
interest of record at the time such conveyance or encumbrance is
received for filing by the county clerk, provided, a purchase money
mortgage shall be deemed to create a valid lien upon such of the
units described in the mortgage as are also described in the
concurrent conveyances to the mortgagor. Such instrument shall not
impair or otherwise encumber title to any interest in the unit
ownership estate not owned of record by the maker thereof at the
time of such conveyance or encumbrance.
Status: in_force · Read it on the official government site
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