FAQs: Oklahoma is an Abstract of Title State

Oklahoma is one of only two abstracting states – here’s what you need to know 

By Kara Bishop

Did you know that Oklahoma is one of only two abstract of title states in the US? The other one is Iowa! If you're moving to Oklahoma, you may be wondering what “abstracting” means and how it will affect your home buying and selling experience. 

Keep reading for everything you need to know about Oklahoma as an abstracting state.

What is an Abstract of Title?

Think of the Abstract of Title as a book describing the history of a property. It's a hard copy that documents the "chain of title" -- or each owner of a property. It passes from sellers to buyers at closing.

What is the Purpose of Abstracting?

Every state has some form of "abstracting" or "title search." Some states call it a "title report" or "evidence of title." It means that a title company does a thorough background check on a property to make sure it can legally transfer to new owners.

What is the Closing Process Like?

In Oklahoma, abstracts must be prepared by licensed abstract officers. The abstract also must be read by an attorney to determine marketability of a title before title insurance can be issued for that property.

Do I Receive My Abstract at Closing?

In the past, people kept their own abstracts -- your grandma might even still have one in her attic! Today, abstracts are stored in giant warehouses owned by the title company. If you want to see yours, simply contact the title company where you closed and ask!

Are Abstracts of Title Valuable?

They can be! There are abstracts that go back to the 1830s. Many homeowners and history buffs delight in reading about the history of a property -- sometimes even finding juicy details! 

In fact, rare, old, and/or very long abstracts are considered valuable antiques and can be worth lots of money. 

Relocating to Oklahoma? 

I hope this article has cleared up any questions you have about Oklahoma as an Abstract of Title state. Ultimately, abstracting doesn’t have a big impact on your home buying experience at all. 

What does impact your experience is the real estate agent you choose. You deserve to work with an Oklahoma relocation specialist to guide you in your move to the Sooner State. 

My family moved to Oklahoma from California three years ago and it was the best decision we ever made. That’s why I’m passionate about helping others relocate to this state we love so much! Contact me at [email protected] to schedule a free homebuyer consultation.