Oklahoma Standard Residential Lease Agreement

An Oklahoma standard residential lease agreement is a contract for a one-year term with a start and end date that must be signed by both parties. The contract lays out all vital information about the lease, such as the rent and security deposit amount, due dates, smoking, pet, late fee penalties, and many other policies. Often, a landlord will run a credit on the tenant check before the lease starts to ensure they can cover the rent.

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Last updated May 10th, 2024

An Oklahoma standard residential lease agreement is a contract for a one-year term with a start and end date that must be signed by both parties. The contract lays out all vital information about the lease, such as the rent and security deposit amount, due dates, smoking, pet, late fee penalties, and many other policies. Often, a landlord will run a credit on the tenant check before the lease starts to ensure they can cover the rent.

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Disclosures

Flooding Disclosure – The landlord must disclose this to the renter if the rental unit has flooded in the past five years. (§ 41-113a)

Landlord Identification – The tenant must be told the names and addresses of any landlord, property manager, or owner who collects payments or is permitted to enter the premises. (§ 41-116)

Lead-Based Paint Disclosure – Any landlord renting a property built before 1978 must provide a lead paint disclosure to their tenants that explains the possible harm of lead paint that may be present.

Methamphetamine Disclosure – If any known methamphetamines were produced in the rental unit, then the landlord must disclose this to their tenant. (§ 41-118(C))

Rent Grace Period

There is no rent grace period in the state of Oklahoma. The renter must pay on time and the on the date agreed to in the lease.

Security Deposit

Maximum Amount – In Oklahoma, There are no specific laws regarding the amount a landlord may charge a tenant for a security deposit.

Returning—Tenants must contact the landlord to receive their security deposit back. After the lease ends, with a written notice, the tenant may request the deposit back. The landlord must return the deposit within 45 days. (§ 41-115(B))

  • Deductions – If the security deposit is deducted, the landlord must send a written list to the tenant explaining why they are not receiving the entire amount back. (§ 41-115(B))
  • Tenant Doesn’t Forward New Address – Failure to produce a new address to the landlord within six months of the lease end may result in the forfeiture of the deposit.