Oklahoma § 46-19 Definitions.

Oklahoma Statutes

§ 46-19 — Definitions.

Oklahoma·Title 46 Mortgages

As used in this act: 1. "Buyer" means a person who purchases property through financing, in whole or in part, by a loan secured by the property; 2. "Mortgagee" means a person who provides financing, in whole or in part, to a buyer for the purchase of property and the financing is secured by the property; 3. "Person" means an individual, partnership, corporation, trust or other legal entity; 4. "Property" means real property which is either improved property or unimproved property which is purchased through financing by a loan for construction; and 5. "Title protection document" means a lawyer's title opinion letter, a title certificate, a title insurance policy or other written assurance as to the state of the title to property.

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As used in this act: 1. "Buyer" means a person who purchases property through financing, in whole or in part, by a loan secured by the property; 2. "Mortgagee" means a person who provides financing, in whole or in part, to a buyer for the purchase of property and the financing is secured by the property; 3. "Person" means an individual, partnership, corporation, trust or other legal entity; 4. "Property" means real property which is either improved property or unimproved property which is purchased through financing by a loan for construction; and 5. "Title protection document" means a lawyer's title opinion letter, a title certificate, a title insurance policy or other written assurance as to the state of the title to property.

Oklahoma § 46-19 (Definitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.