Okla. Stat. tit. 71, § 71-643
This is the official text of Okla. Stat. tit. 71, § 71-643, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Contracts - Voiding - Rescinding - Revoking
Official statutory text
In connection with dispositions of subdivided lands required to
be registered under this Code:
1. Any contract or agreement for the disposition is voidable at
the discretion of the purchasers if the public offering statement
has not been given to the purchasers as required by subsection A of
Section 626 of this Code; and
2. A purchaser has an unconditional right to rescind any
contract, agreement or other evidence of indebtedness, or to revoke
any offer, until five (5) days after the date the purchaser actually
receives a legible copy of the signed contract, agreement or other
evidence of indebtedness or offer and the public offering statement.
Until five (5) days after a purchaser actually receives all
documents, a right to rescind may be exercised. Predating of a
document does not defeat the time in which the right to rescind may
be exercised.
be registered under this Code:
1. Any contract or agreement for the disposition is voidable at
the discretion of the purchasers if the public offering statement
has not been given to the purchasers as required by subsection A of
Section 626 of this Code; and
2. A purchaser has an unconditional right to rescind any
contract, agreement or other evidence of indebtedness, or to revoke
any offer, until five (5) days after the date the purchaser actually
receives a legible copy of the signed contract, agreement or other
evidence of indebtedness or offer and the public offering statement.
Until five (5) days after a purchaser actually receives all
documents, a right to rescind may be exercised. Predating of a
document does not defeat the time in which the right to rescind may
be exercised.
Status: in_force · Read it on the official government site
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