Oklahoma Stipulation, Deed, and Assignment by Trustee

State:
Multi-State
Control #:
US-OG-055
Format:
Word; 
Rich Text
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Description

If a Trustee has been conveyed interest and desires to distribute those interests to the beneficial owners under the terms of the trust, it is necessary that the Trustee execute a deed to those parties. This form addresses that situation.
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FAQ

Section 239 Sale in Oklahoma You may have heard of a ?239 sale,? which is a reference to Oklahoma Statutes, title 58, section 239; this section is often used to sell real estate owned by a decedent while the probate case is still ongoing and not yet complete.

Oklahoma deeds require the following: Upon delivery of the signed and notarized deed to the grantee, the deed becomes effective and is a legally binding document. The deed must be recorded with the county register to notify all third parties that the grantor has released all claims to the property to another individual.

The affidavits that are filed by either party shall be made on personal knowledge, shall show that the affiant is competent to testify as to the matters stated therein, and shall set forth matters that would be admissible in evidence at trial.

Summary judgement can be granted only where there is no dispute as to any material facts, and all inferences in the evidence must be taken in favor of the party opposing the motion" (Hargrave v. Canadian Valley Elec Co-op, Inc., 1990 OK 43, 914, 792 P.

(2) Response to Motion. Within fifteen (15) days of the filing of a motion to dismiss, a response shall be filed. The argument and authorities in support of the response shall be included therein, and no separate brief may be tendered for filing.

Rule 4 - Motions a. Where various objections and defenses have been consolidated pursuant to Section 2012(E) of Title 12, Oklahoma Statutes, the court should hear jurisdictional objections and defenses first. If the court grants a motion on one of the grounds stated therein, the court may pass over other grounds.

The trustee is the legal owner of the trust property and is charged with a duty to administer the estate ing to the provisions of the trust agreement and in the interests of the beneficiaries.

After the pretrial hearing, an action may only be dismissed by agreement of the parties or by the court. Unless otherwise stated in the notice of dismissal or stipulation, the dismissal is without prejudice.

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Oklahoma Stipulation, Deed, and Assignment by Trustee