Deed of Trust Form - Oklahoma

An Oklahoma Deed of Trust is an agreement between three parties - a trustor, a trustee, and a beneficiary, under which a beneficiary gives a loan to a trustor, and the trustor is bound to return it on the terms described in the deed. If they fail to do it, the trustee conveys a title of ownership to real estate which they obtained from the trustor as a security measure to the beneficiary. The Oklahoma Statutes recognize deeds of trust and designates that they are subject to all statutory provisions and laws relating to mortgages (46 O.S. § 1.1).

Related Forms and Topics:

• Oklahoma Gift Deed;
• Oklahoma Warranty Deed;
• Oklahoma Special Warranty Deed.