refusal - Rule of construction. Every person having an interest in property subject to a lien, has a right to redeem it from the lien, at any time after the claim is due, and before his right of redemption is foreclosed. B. Neither this section nor any existing or future order or regulation of any entity of state government or case law or common law shall be construed as limiting or diminishing any federally guaranteed "right of first refusal" granted by the Agricultural Credit Act of 1987 (P.L. 100-233). R.L. 1910, § 3839; Laws 1988, c. 100, § 1, emerg. eff. April 1, 1988.
Notes of Decisions
Cited in
16
cases (
3 in the last 5 years), 1949–2023 · leading case:
Benefiel v. Boulton, 2015 OK 32, 350 P.3d 138.
Benefiel v. Boulton, 2015 OK 32, 350 P.3d 138.
· cites it 5× “The trial court additionally found that Boulton had a continued right to redeem the property pursuant to 42 O.S. §§ 18 and 20. At the time of the trial court's April 2012 pronouncement, Boulton had only paid the original lien amount of $5,000.”
Sooner Fed. Sav. & Loan Ass'n v. Oklahoma Cent. Credit Union, 790 P.2d 526 (Okla. 1989).
· cites it 3× “To redeem is "to buy back.” "The realization of a right to have the title of property restored free and clear of the mortgage; performance of the mortgage obligation being essential for that purpose.”
Wilson v. Glancy, 913 P.2d 286 (Okla. 1996).
· cites it 2× “1967) The right to redeem is defined by 42 O.S.1991, § 18, which reads: Every person having an interest in property subject to a lien, has a right to redeem it from the lien, at any time after the claim is due, and before his right of redemption is foreclosed.”
In Re Duncan, 107 B.R. 754 (Bankr. W.D. Okla. 1988).
“Therefore, the court finds that the homestead property, as exempt property, is not property of the estate and is not available for sale by the Trustee.”
Smith v. Robinson, 594 P.2d 364 (Okla. 1979).
“By the terms of 42 O.S.1971 §§ 18 and 20 a person may redeem his property from a lien by offering to pay the obligation for which the lien stands as security together with allowable “damages for delay”.”
Ivey v. Henry's Diesel Serv., Inc., 418 P.2d 634 (Okla. 1966).
“In answer to the question raised by the plaintiff, the Oklahoma statutes contain the following pertinent provisions : 42 O.S.1961, § 18 — “Every person having an interest in property subject to a lien, has a right to redeem it from the lien, at any time after the claim is due,…”
Benefiel v. Boulton, 2015 OK 32.
· cites it 21× “The trial court additionally found that Boulton had a continued right to redeem the property pursuant to 42 O.S. §§ 18 and 20. At the time of the trial court's April 2012 pronouncement, Boulton had only paid the original lien amount of $5,000.”
Repub. Fin. Corp. v. Mize, 682 P.2d 207 (Okla. 1983).
“” This right of redemption is statutorily recognized in 42 O.S.1981, § 18, which provides that “[e]very person having an interest in property subject to a lien, has a right to redeem it from the lien, at any time after the claim is due, and before his right of redemption is…”
Hartless v. Cline, 2023 OK CIV APP 30.
· cites it 2× “Title 16 O.S.2021, § 11A All contracts for deed for purchase and sale of real property made for the purpose or with the intention of receiving the payment of money and made for the purpose of establishing an immediate and continuing right of possession of the described real…”
Hartless v. Cline, 2023 OK CIV APP 30.
· cites it 2× “2021, § 4 to determine no enforceable contract exists; that the trial court should have allowed her to redeem under 42 O.S.2021, § 18; that it erred by imposing liquidated damages under the Contract it also found unenforceable; and that the liquidated damages provision is…”
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