Any person, agency or other entity acquiring real property for public use under the laws of this state shall, as soon as practicable after the date of payment of the purchase price or the date of deposit into court of funds to satisfy the award of compensation in a condemnation proceeding to acquire real property, whichever is the earlier, reimburse the owner for expenses he necessarily incurred for:
1. Recording fees, transfer taxes and similar expenses incidental to conveying such real property;
2. Penalty costs for prepayment for any preexisting recorded mortgage entered into in good faith encumbering such real property; and
3. The pro rata portion of real property taxes paid which are allocable to a period subsequent to the date of vesting title in the acquiring entity, or the effective date of possession of such real property by the acquiring entity, whichever is the earlier.
Laws 1971, c. 355, § 2, eff. July 1, 1972.
Structure Oklahoma Statutes
§27-1. State lands subject to right of eminent domain
§27-2. Condemnation procedure for state lands.
§27-3. Compensation of appraisers of state lands
§27-4. Water-power companies - Right of eminent domain.
§27-5. Local governments and cemeteries - Eminent domain.
§27-6. Private person or corporation - Eminent domain by.
§27-7. Light, heat or power by electricity or gas - Eminent domain same as railroads.
§27-8. Common carriers - Joint or union station or terminal.
§27-10. Reimbursement of owner for expenses after acquisition.
§27-11. Reimbursement of expenses when property not acquired.
§27-12. Inverse condemnation proceedings - Reimbursement of expenses.
§27-14. Buildings, structures and other improvements - Taking with real property.
§27-15. Effect of statement of policies.
§27-16. Just compensation defined.
§27-17. Resale of surplus eminent domain property.