Oklahoma Lease Agreement Laws: What You Need to Know

If you`re a landlord or a tenant in Oklahoma, it`s important to understand the state`s lease agreement laws. These laws are designed to protect the rights of both parties and ensure fair and legal lease agreements.

First, it`s important to note that all lease agreements in Oklahoma must be in writing and signed by both the landlord and tenant. Verbal agreements are not legally binding in the state.

One of the key elements of an Oklahoma lease agreement is the required disclosures. Landlords must disclose any known structural or environmental hazards on the property, as well as any lead-based paint hazards if the property was built before 1978.

In terms of rent, Oklahoma law allows landlords to charge any amount they choose. However, landlords cannot increase rent during an active lease agreement unless it is specified in the agreement. Landlords are also required to provide tenants with a receipt for rent payments upon request.

Security deposits in Oklahoma are limited to the equivalent of one month`s rent. Landlords must return the deposit within 30 days of the end of the lease agreement, unless there are damages or unpaid rent owed by the tenant. Landlords must provide an itemized list of any deductions made from the security deposit.

Oklahoma law also requires landlords to provide tenants with reasonable notice before entering the rental property. This notice should be in writing and include the reason for entry and the date and time of entry. However, in case of an emergency, such as a fire or flood, landlords can enter without notice.

If a landlord wants to evict a tenant in Oklahoma, they must provide written notice. The notice period depends on the reason for eviction. For example, if a tenant has not paid rent, the landlord must provide a 5-day notice to pay or vacate the property. If the reason for eviction is a violation of the lease agreement, the landlord must provide a 30-day notice to vacate.

These are just a few of the key Oklahoma lease agreement laws. It`s important for landlords and tenants to become familiar with these laws to ensure fair and legal lease agreements. If you have any questions or concerns about your lease agreement, it`s recommended to seek legal advice.