reglab/housing_qa huggingface dataset:
15 OK Stat § 15-1012 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1012. Construction of power relating to insurance transactions.

|CONSTRUCTION OF POWER RELATING TO INSURANCE TRANSACTIONS |In a statutory power of attorney, the language granting power with respect to insurance and annuity transactions empowers the agent to:1. Continue, pay the premium or assessment on, modify, rescind, release, or terminate a contract procured by or on behalf of the principal which insures or provides an annuity to either the principal or another person, whether or not the principal is a beneficiary under the contract;2. Procure new, different, and additional contracts of insurance and annuities for the principal and the principal's spouse, children, and other dependents and select the amount, type of insurance or annuity, and mode of payment;3. Pay the premium or assessment on, modify, rescind, release, or terminate a contract of insurance or annuity procured by the agent;4. Designate the beneficiary of the contract, but an agent may be named a beneficiary of the contract, or an extension, renewal, or substitute for it, only to the extent the agent was named as a beneficiary under a contract procured by the principal before executing the power of attorney;5. Apply for and receive a loan on the security of the contract of insurance or annuity;6. Surrender and receive the cash surrender value;7. Exercise an election;8. Change the manner of paying premiums;9. Change or convert the type of insurance contract or annuity, with respect to which the principal has or claims to have a power described in this section;10. Change the beneficiary of a contract of insurance or annuity, but the agent may not be designated a beneficiary except to the extent permitted by paragraph 4 of this section;11. Apply for and procure government aid to guarantee or pay premiums of a contract of insurance on the life of the principal;12. Collect, sell, assign, hypothecate, borrow upon, or pledge the interest of the principal in a contract of insurance or annuity; and13. Pay from proceeds or otherwise, compromise or contest, and apply for refunds in connection with, a tax or assessment levied by a taxing authority with respect to a contract of insurance or annuity or its proceeds or liability accruing by reason of the tax or assessment.Added by Laws 1998, c. 420, § 12, eff. Nov. 1, 1998.
15 OK Stat § 15-1013 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1013. Construction of power relating to estate, trust, and other beneficiary transactions.

|CONSTRUCTION OF POWER RELATING TO ESTATE, |TRUST, AND OTHER BENEFICIARY TRANSACTIONSIn a statutory power of attorney, the language granting power with respect to estate, trust, and other beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the principal is, may become, or claims to be entitled, as a beneficiary, to a share or payment, including to:1. Accept, reject, disclaim, receive, receipt for, sell, assign, release, pledge, exchange, or consent to a reduction in or modification of a share in or payment from the fund;2. Demand or obtain by litigation or otherwise money or other thing of value to which the principal is, may become, or claims to be entitled by reason of the fund;3. Initiate, participate in, and oppose litigation to ascertain the meaning, validity, or effect of a deed, will, declaration of trust, or other instrument or transaction affecting the interest of the principal;4. Initiate, participate in, and oppose litigation to remove, substitute, or surcharge a fiduciary;5. Conserve, invest, disburse, and use anything received for an authorized purpose; and6. Transfer an interest of the principal in real property, stocks, bonds, accounts with financial institutions, insurance, and other property, to the trustee of a revocable trust created by the principal as settlor.Added by Laws 1998, c. 420, § 13, eff. Nov. 1, 1998.
15 OK Stat § 15-1014 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1014. Construction of power relating to claims and litigation.

|CONSTRUCTION OF POWER RELATING TO CLAIMS AND LITIGATION |In a statutory power of attorney, the language with respect to claims and litigation empowers the agent to:1. Assert and prosecute before a court or administrative agency a claim, a cause of action, counterclaim, offset, and defend against an individual, a legal entity, or government, including suits to recover property or other thing of value, to recover damages sustained by the principal, to eliminate or modify tax liability, or to seek an injunction, specific performance, or other relief;2. Bring an action to determine adverse claims, intervene in litigation, and act as amicus curiae;3. In connection with litigation, procure an attachment, garnishment, libel, order of arrest, or other preliminary, provisional, or intermediate relief and use an available procedure to effect or satisfy a judgment, order, or decree;4. In connection with litigation, perform any lawful act, including acceptance of tender, offer of judgment, admission of facts, submission of a controversy on an agreed statement of facts, consent to examination before trial, and binding the principal in litigation;5. Submit to arbitration, settle, and propose or accept a compromise with respect to a claim or litigation;6. Waive the issuance and service of process upon the principal, accept service of process, appear for the principal, designate persons upon whom process directed to the principal may be served, execute and file or deliver stipulations on the principal's behalf, verify pleadings, seek appellate review, procure and give surety and indemnity bonds, contract and pay for the preparation and printing of records and briefs, receive and execute and file or deliver a consent, waiver, release, confession of judgment, satisfaction of judgment, notice, agreement, or other instrument in connection with the prosecution, settlement, or defense of a claim or litigation;7. Act for the principal with respect to bankruptcy or insolvency proceedings, whether voluntary or involuntary, concerning the principal or some other person, with respect to a reorganization proceeding, or a receivership or application for the appointment of a receiver or trustee which affects an interest of the principal in property or other thing of value; and8. Pay a judgment against the principal or a settlement made in connection with litigation and receive and conserve money, or other thing of value paid in settlement of or as proceeds of a claim or litigation.Added by Laws 1998, c. 420, § 14, eff. Nov. 1, 1998.
15 OK Stat § 15-1015 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1015. Construction of power relating to personal and family maintenance.

|CONSTRUCTION OF POWER RELATING TO PERSONAL AND FAMILY MAINTENANCE |In a statutory power of attorney, the language granting power with respect to personal and family maintenance empowers the agent to:1. Do the acts necessary to maintain the customary standard of living of the principal, the principal's spouse, children, and other individuals customarily or legally entitled to be supported by the principal, including providing living quarters by purchase, lease, or other contract, or paying the operating costs, including interest, amortization payments, repairs, and taxes on premises owned by the principal and occupied by those individuals;2. Provide for the individuals described in paragraph 1 of this section normal domestic help, usual vacations and travel expenses, and funds for shelter, clothing, food, appropriate education, and other current living costs;3. Pay for the individuals described in paragraph 1 of this section necessary medical, dental, and surgical care, hospitalization, and custodial care;4. Continue any provision made by the principal, for the individuals described in paragraph 1 of this section, for automobiles or other means of transportation, including registering, licensing, insuring, and replacing them;5. Maintain or open charge accounts for the convenience of the individuals described in paragraph 1 of this section and open new accounts the agent considers desirable to accomplish a lawful purpose; and6. Continue payments incidental to the membership or affiliation of the principal in a church, club, society, order, or other organization or to continue contributions to those organizations.Added by Laws 1998, c. 420, § 15, eff. Nov. 1, 1998.
15 OK Stat § 15-1016 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1016. Construction of power relating to benefits from social security, medicare, medicaid, or other governmental programs or military service.

|CONSTRUCTION OF POWER RELATING TO BENEFITS FROM |SOCIAL SECURITY, MEDICARE, MEDICAID, OR OTHERGOVERNMENTAL PROGRAMS OR MILITARY SERVICEIn a statutory power of attorney, the language granting power with respect to benefits from Social Security, Medicare, Medicaid or other governmental programs, or civil or military service empowers the agent to:1. Execute vouchers in the name of the principal for allowances and reimbursements payable by the United States or a foreign government or by a state or subdivision of a state to the principal, including allowances and reimbursements for transportation of the individuals described in paragraph 1 of Section 15 of this act, and for shipment of their household effects;2. Take possession and order the removal and shipment of property of the principal from a post, warehouse, depot, dock, or other place of storage or safekeeping, either governmental or private, and execute and deliver a release, voucher, receipt, bill of lading, shipping ticket, certificate, or other instrument for that purpose;3. Prepare, file, and prosecute a claim of the principal to a benefit or assistance, financial or otherwise, to which the principal claims to be entitled, under a statute or governmental regulation;4. Prosecute, defend, submit to arbitration, settle, and propose or accept a compromise with respect to any benefits the principal may be entitled to receive; and5. Receive the financial proceeds of a claim of the type described in this section, conserve, invest, disburse, or use anything received for a lawful purpose.Added by Laws 1998, c. 420, § 16, eff. Nov. 1, 1998.
15 OK Stat § 15-1017 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1017. Construction of power relating to retirement plan transactions.

|CONSTRUCTION OF POWER RELATING TO RETIREMENT PLAN TRANSACTIONS |In a statutory power of attorney, the language granting power with respect to retirement plan transactions empowers the agent to:1. Select payment options under any retirement plan in which the principal participates, including plans for self-employed individuals;2. Make voluntary contributions to those plans;3. Exercise the investment powers available under any self-directed retirement plan;4. Make "rollovers" of plan benefits into other retirement plans;5. If authorized by the plan, borrow from, sell assets to, and purchase assets from the plan; and6. Waive the right of the principal to be a beneficiary of a joint or survivor annuity if the principal is a spouse who is not employed.Added by Laws 1998, c. 420, § 17, eff. Nov. 1, 1998.
15 OK Stat § 15-1018 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1018. Construction of power relating to tax matters.

|CONSTRUCTION OF POWER RELATING TO TAX MATTERS |In a statutory power of attorney, the language granting power with respect to tax matters empowers the agent to:1. Prepare, sign, and file federal, state, local, and foreign income, gift, payroll, Federal Insurance Contributions Act returns, and other tax returns, claims for refunds, requests for extension of time, petitions regarding tax matters, and any other tax-related documents, including receipts, offers, waivers, consents (including consents and agreements under Internal Revenue Code Section 2032A or any successor section), closing agreements, and any power of attorney required by the Internal Revenue Service or other taxing authority with respect to a tax year upon which the statute of limitations has not run and the following twenty-five (25) tax years;2. Pay taxes due, collect refunds, post bonds, receive confidential information, and contest deficiencies determined by the Internal Revenue Service or other taxing authority;3. Exercise any election available to the principal under federal, state, local, or foreign tax law; and4. Act for the principal in all tax matters for all periods before the Internal Revenue Service, and any other taxing authority.Added by Laws 1998, c. 420, § 18, eff. Nov. 1, 1998.
15 OK Stat § 15-1019 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1019. Existing interests; foreign interests.

|EXISTING INTERESTS; FOREIGN INTERESTS |The powers described in Sections 5 through 18 of this act are exercisable equally with respect to an interest the principal has when the power of attorney is executed or acquires later, whether or not the property is located in this state, and whether or not the powers are exercised or the power of attorney is executed in this state.Added by Laws 1998, c. 420, § 19, eff. Nov. 1, 1998.
15 OK Stat § 15-1020 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-1020. Uniformity of application and construction.

|UNIFORMITY OF APPLICATION AND CONSTRUCTION |This act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it.Added by Laws 1998, c. 420, § 20, eff. Nov. 1, 1998.
16 OK Stat § 16-1 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-1. Persons who may convey - Married persons - Legal entities.

|A. Any person at least eighteen (18) years of age, being otherwise qualified thereto, and all persons upon whom the rights of majority have been conferred, and any legal entity, may own and transfer real property. Provided, that any persons of whatsoever age, who have been legally married and who are otherwise qualified, may own and transfer real property acquired after marriage. |B. A transfer of real property may be made to, and title taken in, the name of a legal entity or of an office, in which case the title vests in the entity or the person from time to time holding the office.C. As used in this section, "entity" or "legal entity" means a corporation, government, governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, joint venture, an unincorporated association formed for the purposes authorized by the Interlocal Cooperation Act in Section 1003 of Title 74 of the Oklahoma Statutes or any other entity otherwise authorized by statute to hold title to real property.D. Unless otherwise provided by statute, a defunct or dissolved entity continues in existence for the purpose of transferring real property.R.L. 1910, § 1140. Amended by Laws 1972, c. 221, § 5, eff. Aug. 1, 1972; Laws 1995, c. 232, § 2, eff. Nov. 1, 1995.
16 OK Stat § 16-2 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-2. Witness not necessary.

|No subscribing witness shall be necessary to the validity of any deed, mortgage, contract, lease, bond, or other instrument conveying, affecting or relating to real estate. |R.L.1910, § 1141.
16 OK Stat § 16-3 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-3. Attorney-in-fact.

|Any instrument affecting real estate may be made by an attorney-in-fact, duly appointed and empowered as hereinafter provided. |R.L.1910, § 1175.
16 OK Stat § 16-4 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-4. Necessity of writing and signing - Veterans' loans - Homestead - Joinder of husband and wife - Effect of record for 10 years.

|A. No deed, mortgage, or conveyance of real estate or any interest in real estate, other than a lease for a period not to exceed one (1) year, shall be valid unless in writing and subscribed by the grantors. No deed, mortgage, or contract affecting the homestead exempt by law, except a lease for a period not exceeding one (1) year, shall be valid unless in writing and subscribed by both husband and wife, if both are living and not divorced, or legally separated, except as otherwise provided for by law. |B. Unless specifically restricted, an attorney-in-fact may execute a valid deed, mortgage or contract affecting the homestead exempt by law including the principal's personal homestead rights on behalf of:1. A husband;2. A wife; or3. A husband and wife.C. In order for the execution of an instrument affecting the exempt homestead by an attorney-in-fact to be valid, the power of attorney authorizing execution of a deed, mortgage, or contract affecting the homestead exempt by law shall be recorded with the county clerk of the county or counties in which the affected property is located.D. Nonjoinder of the spouse shall not invalidate the purchase of a home with mortgage loan insurance furnished by the Veteran's Administration or written contracts and real estate mortgages executed by the spouse of a person who is certified by the United States Department of Defense to be a prisoner of war or missing in action. A deed affecting the homestead shall be valid without the signature of the spouse of the grantor, and the spouse shall be deemed to have consented thereto, when said deed has been recorded in the office of the county clerk of the county in which the real estate is located for a period of ten (10) years prior to a date six (6) months after May 25, 1953, and thereafter when the same shall have been so recorded for a period of ten (10) years, and no action shall have been instituted within said time in any court of record having jurisdiction seeking to cancel, avoid, or invalidate such deed by reason of the alleged homestead character of the real estate at the time of such conveyance.R.L. 1910, § 1143. Amended by Laws 1945, p. 40, § 1; Laws 1953, p. 64, § 1; Laws 1973, c. 24, § 1, emerg. eff. April 17, 1973; Laws 1983, c. 309, § 1, operative Oct. 1, 1983; Laws 1997, c. 80, § 1, eff. Nov. 1, 1997.
16 OK Stat § 16-5 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-5. Validation of conveyances.

|All deeds, mortgages and contracts relating to real estate or any interest therein executed since the taking effect of Chapter 8, of the Session Laws of Oklahoma, 1897, executed in accordance with the provisions of the preceding section are hereby declared to be legal and valid. |R.L.1910, § 1144.
16 OK Stat § 16-6 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-6. When husband or wife may convey homestead.

|Where the title to the homestead is in the husband, and the wife voluntarily abandons him for a period of one (1) year or from any cause takes up her residence out of the state, he may convey, mortgage or make any contract relating thereto without being joined therein by her; and where the title to the homestead is in the wife and the husband voluntarily abandons her, or from any cause takes up his residence out of the state for a period of one (1) year she may convey, mortgage or make any contract relating thereto without being joined therein by him. |R.L.1910, § 1145.
16 OK Stat § 16-7 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-7. Husband or wife of incapacitated spouse may sell, convey, lease or mortgage homestead held in joint tenancy.

|In case of a homestead held in joint tenancy, if one spouse becomes incapacitated, upon application of the other spouse to the district court of the county in which the homestead is located, and upon due proof of said incapacity, the court may issue an order permitting said other spouse to sell, convey, lease, lease for oil and gas mining purposes, or mortgage the homestead. For purposes of this section and Sections 3 and 4 of this act "incapacitated" or "incapacity" means impairment due to mental illness, mental deficiency, physical illness or disability, to the extent the individual lacks sufficient understanding or capacity to make or communicate responsible decisions. |Amended by Laws 1983, c. 309, § 2, operative Oct. 1, 1983.
16 OK Stat § 16-8 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-8. Verified petition to be filed.

|The applicant shall present and file in the district court a verified petition setting forth the name and age of the incapacitated spouse, a description of the homestead, the county in which the homestead is located, and such other facts relating to the circumstances and needs of the applicant and his family that may support the petition. |Amended by Laws 1983, c. 309, § 3, operative Oct. 1, 1983.
16 OK Stat § 16-9 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-9. Copy of petition to be served.

|At least thirty (30) days before the hearing of the petition, the applicant or his attorney shall serve a copy of the petition upon the nearest competent relative of the incapacitated spouse in this state. If there is no such relative known to the applicant, a copy of the petition shall be served upon the district attorney of the county in which the homestead is located. The district attorney, if served with a copy of the petition, shall appear in court and see that the application is made in good faith and that the proceedings thereon are fairly conducted. |Amended by Laws 1983, c. 309, § 4, operative Oct. 1, 1983.
16 OK Stat § 16-9.1 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-9.1. Notice of sale - Orders.

|Any sale provided for in this act shall be conducted pursuant to the notice and order provisions of Sections 826, 827 and 833 of Title 58 of the Oklahoma Statutes. |Added by Laws 1983, c. 309, § 5, operative Oct. 1, 1983.
16 OK Stat § 16-10 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-10. Order of sale to be entered of record.

|If the court shall make the order authorizing the sale of the homestead as herein provided, the same shall be entered upon the minutes of the court and thereafter the sale, conveyance, lease, or mortgage made in pursuance of such order shall be as valid and effectual as if the property affected thereby was the absolute property in fee simple of the person making such sale, conveyance, lease or mortgage. |R.L.1910, § 1149. Amended by Laws 1947, p. 81, § 2.
16 OK Stat § 16-11 (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-11. Estoppel by receiving benefits.

|Any person or corporation, having knowingly received and accepted the benefits or any part thereof, of any conveyance, mortgage or contract relating to real estate shall be concluded thereby and estopped to deny the validity of such conveyance, mortgage or contract, or the power or authority to make and execute the same, except on the ground of fraud; but this section shall not apply to minors or persons of unsound mind who pay or tender back the amount of such benefit received by themselves. |R.L.1910, § 1150.
16 OK Stat § 16-11A (2021)
2021 Oklahoma Statutes|Title 16. Conveyances|§16-11A. Constructive mortgage - Exemptions.

|All contracts for deed for purchase and sale of real property made for the purpose or with the intention of receiving the payment of money and made for the purpose of establishing an immediate and continuing right of possession of the described real property, whether such instruments be from the debtor to the creditor or from the debtor to some third person in trust for the creditor, shall to that extent be deemed and held mortgages, and shall be subject to the same rules of foreclosure and to the same regulations, restraints and forms as are prescribed in relation to mortgages. No foreclosure shall be initiated, nor shall the court allow such proceedings, unless the documents have been filed of record in the county clerk's office, and mortgage tax paid thereon, in the amount required for regular mortgage transactions. Provided, however, mutual help and occupancy agreements executed by an Indian housing authority created pursuant to Section 1057 of Title 63 of the Oklahoma Statutes shall not be considered to be mortgages or contracts for deed under the provisions of this section. |Amended by Laws 1983, c. 108, § 1, emerg. eff. May 12, 1983.