For the Oklahoma salesperson state portion, a tenant waits months after termination before requesting the deposit. Which statement is correct?
Correct Answer
A) If the tenant does not make written demand within six months after termination, the deposit reverts to the landlord
41 O.S. section 115 provides that the tenant’s interest in the deposit terminates if written demand is not made within six months after termination. Source basis: Oklahoma Statutes Title 41 Residential Landlord and Tenant Act, including 41 O.S. sections 115, 118, 128, 129, 130, and 132: security deposits, landlord/tenant duties, access, abandonment, and termination rules. Checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
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