Bill > HB1866

This bill amends Oklahoma's property disclosure law to require sellers to disclose the existence of polybutylene pipes when selling a property. Specifically, the bill adds "existence of polybutylene pipes" as a mandatory disclosure item on the property condition disclosure statement that sellers must provide to potential buyers. Polybutylene pipes are a type of plumbing material known for being prone to failure and potential water damage. The bill maintains the existing structure of the property disclosure form, which is established by the Oklahoma Real Estate Commission and requires sellers to provide information about various property conditions and potential defects. The disclosure statement must be completed, signed, and dated by the seller, and remains valid for 180 days. The bill will become effective on November 1, 2025, giving real estate professionals and sellers time to prepare for the new disclosure requirement. This change aims to provide more transparency in real estate transactions by ensuring buyers are informed about the presence of potentially problematic polybutylene piping in a property.

Justice

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1866&Session=2600