Okla. Stat. tit. 68, § 68-1901
This is the official text of Okla. Stat. tit. 68, § 68-1901, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.
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Real estate mortgage defined
Official statutory text
The words or term "real estate mortgage" as used in this article
shall be understood to include every species of conveyance intended
to secure the payment of money by lien upon real estate. Any
contract for the sale of real estate in which title is retained in
the vendor for the purpose of enforcing payment of the balance due
shall be deemed a mortgage upon real property. If an indebtedness
is secured by both real and personal property, said mortgage shall
be deemed to be a mortgage on real property for the purpose of this
article. Any contract or agreement by which the indebtedness
secured by any mortgage is increased or added to shall be deemed a
mortgage of real property for the purposes of this article and shall
be taxable as such upon the amount of such increase or addition.
shall be understood to include every species of conveyance intended
to secure the payment of money by lien upon real estate. Any
contract for the sale of real estate in which title is retained in
the vendor for the purpose of enforcing payment of the balance due
shall be deemed a mortgage upon real property. If an indebtedness
is secured by both real and personal property, said mortgage shall
be deemed to be a mortgage on real property for the purpose of this
article. Any contract or agreement by which the indebtedness
secured by any mortgage is increased or added to shall be deemed a
mortgage of real property for the purposes of this article and shall
be taxable as such upon the amount of such increase or addition.
Status: in_force · Read it on the official government site
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