Oklahoma Lease Agreements (7) | Residential & Commercial

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Updated July 11, 2022

Oklahoma rental agreements are contracts written for landlords and tenants when renting commercial or residential property. For residential property, it is recommended to use the agreement provided by the Real Estate Commission (OREC). When accepting a new tenant, it is recommended a landlord use a rental application before authorizing a binding lease.

Rental Application – The landlord can use this form to allow the tenant to enter their personal and employment information to ensure they are credible.

Table of Contents

Agreement Types (7)

Commercial Lease Agreement – The act of a tenant, operating as a professional service or business, to occupy space that is not intended for livable use.

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Month-to-Month Lease Agreement (§ 41-111)- Known also as a ‘tenancy at will’ where the lessee or lessor may cancel the arrangement at any time with at least thirty (30) days’ notice.

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Oklahoma Real Estate Commission (OREC) Lease Agreement – The recommended lease by the State of Oklahoma.

Download: Adobe PDF




Rent-to-Own Lease Agreement – Standard residential contract with the added benefit of the purchaser having the added right to choose whether to buy the premises.

Download: Adobe PDFMS Word (.docx), OpenDocument



Room Rental (Roommate) Agreement – Form that allows the occupants of a shared home to create a written consensus of each person’s duties in regards to the common areas and the payment of rent, utilities, and any other expenses to the property.

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Standard Residential Lease Agreement – Typical landlord-tenant contract for a specified term, usually twelve (12) months. This form is provided by the Oklahoma Real Estate Commission.

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Sublease Agreement – Allows a tenant that is under an agreement to re-rent the space to another individual on the premises usually with the required consent of the landlord.

Download: Adobe PDFMS Word (.docx), OpenDocument



Required Disclosures (3)

Flood Disclosure Form (§ 41-113a) – If the property has been flooded at any time in the last five (5) years, and the landlord is aware of it, then all information in relation to the event must be forwarded to the tenant.

Landlord/Manager/Agent Disclosure (§ 41-116) – Anyone authorized to act on the property must be conveyed through the rental agreement.

Lead-Based Paint Disclosure – Pursuant to federal laws that all landlords of residential structures in existence before 1978 shall notify the tenant of the possibility of lead paint throughout the premises.


Pursuant with § 41-128 the landlord must report to the tenant within at least one (1) day before entering the property for any non-emergency reason.

Security Deposits

Maximum – No statute, landlord may request as much as desired.

Returning (§ 41-115) – Landlord must return any and all funds associated with the security deposit within forty-five (45) days after the tenant’s term has ended and they have moved-out and delivered the property back to the landlord.