Contracts
In Oklahoma, the buyer's right to cure any default notice from the seller typically depends on:
AThe seller's verbal agreement to extend time
BThe specific contract language, contingency provisions, and the nature of the default — some defaults are curable within the time allowed by the contract or notice period✓ Correct
COREC setting a mandatory cure period
DState law setting a minimum 90-day cure period for all defaults
Explanation
A buyer's right to cure a default depends on the contract's terms. The contract may specify cure periods, notice requirements, and what happens if the cure period passes. There is no single mandatory Oklahoma cure period for all real estate contract defaults.
Related Oklahoma Contracts Questions
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