Property Management
Under Oklahoma's Residential Landlord and Tenant Act, a landlord's failure to make required repairs after proper notice from the tenant may allow the tenant to:
AImmediately vacate and owe no future rent
BWithhold rent (if permitted procedures are followed), repair and deduct (within statutory limits), or treat the failure as constructive eviction✓ Correct
COnly send another written notice
DReport the landlord to OREC
Explanation
Oklahoma's RLTA provides tenant remedies when landlords fail to maintain habitable conditions: tenants may be able to withhold rent after proper notice, arrange for repairs and deduct costs (within limits), or claim constructive eviction if conditions make the unit uninhabitable.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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