RPCD EXEMPTION FORM (1-1-2024)
This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission.
OKLAHOMA REAL ESTATE COMMISSION
RESIDENTIAL PROPERTY CONDITION DISCLOSURE EXEMPTION FORM
IDENTIFICATION OF EXEMPT TRANSFER
Check the box applicable to the property which is located at (street address):
__________________________________________________________________________________________________
__________________________________________________________________________________________________
1. Transfer pursuant to Court Order, including but not limited to, a transfer pursuant to a writ of execution, a transfer
by eminent domain, and a transfer pursuant to an Order for partition;
2. Transfer to a mortgagee by a mortgagor or successor in interest who is in default, transfer by any foreclosure sale
after default in an obligation secured by a mortgage, transfer by a mortgagee’s sale under a power of sale after
default in an obligation secured by any instrument containing a power of sale, or transfer by a mortgagee who
has acquired the real property at a sale conducted pursuant to a power of sale or a sale pursuant to a decree of
foreclosure or has acquired the real property by deed in lieu of foreclosure;
3. Transfer by a fiduciary who is not an owner occupant of the subject property in the course of the administration of
a decedent’s estate, guardianship, conservatorship or trust;
4. Transfer from one co-owner to one or more other co-owners;
5. Transfer made to a spouse, or to the person or persons in the lineal line of consanguinity of one or more of the
owners;
6. Transfer between spouses resulting from a decree of dissolution of marriage or a decree of legal separation or from
a property settlement agreement incidental to such a decree;
7. Transfer made pursuant to mergers and from a subsidiary to a parent or the reverse;
8. Transfer or exchanges to or from any governmental entity; or
9. Transfer of a newly constructed, previously unoccupied dwelling.
The Seller acknowledges that the exemption marked above is a true and accurate statement regarding the transfer of the
Property.
Seller’s Signature_____________________________________________ Date:__________________
Seller’s Signature_____________________________________________ Date:__________________
BUYER’S ACKNOWLEDGMENT
Note: The Buyer is urged to carefully inspect the Property and to have the Property inspected by an expert. The
Buyer acknowledges the Buyer has read and received a signed copy of this Exemption Form.
Buyer’s Signature______________________________________________ Date:___________________
Buyer’s Signature______________________________________________ Date:___________________
Page 1 of 1