What are the duties of parties upon terminating a rental agreement in Oklahoma?

Full question:

I live in a rented apartment in Oklahoma. I would like to terminate the agreement for valid reasons. I would like to know the duties of the parties upon termination of the tenancy?

  • Category: Landlord Tenant
  • Subcategory: Lease Termination
  • Date:
  • State: Oklahoma

Answer:

When a rental agreement is terminated, the duties of both parties cease as of the termination date. According to Oklahoma law (Okl. St. § 112), when either party rightfully ends the agreement, their obligations are determined based on the effective termination date. Both parties should fulfill any remaining obligations as soon as possible.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In Oklahoma, after terminating a rental agreement, the landlord must return the security deposit to the tenant within 45 days, minus any deductions for damages or unpaid rent. The landlord should provide an itemized list of any deductions made. If the landlord fails to return the deposit or provide an explanation, the tenant may have grounds for legal action. It's important for both parties to document the condition of the property upon move-out to avoid disputes. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*