Oklahoma Statutes - Title 41. Landlord and Tenant Page 20
1. Transfer said deposits to the landlord's successor in
interest and notify the tenants in writing of such transfer and of
the transferee's name and address; or
2. Return the deposits to the tenants.
D. Upon receipt of the transferred deposits under paragraph 1
of subsection C of this section, the transferee, in relation to such
deposits, shall have all the rights and obligations of a landlord
holding such deposits under this act.
E. If a landlord or manager fails to comply with this section
or fails to return any prepaid rent required to be paid to a tenant
under this act, the tenant may recover the damage and security
deposit and prepaid rent, if any.
F. Except as otherwise provided by the rental agreement, a
tenant shall not apply or deduct any portion of the security deposit
from the last month's rent or use or apply such tenant's security
deposit at any time in lieu of payment of rent.
G. This section does not preclude the landlord or tenant from
recovering other damages to which he may be entitled under this act.
Added by Laws 1978, c. 257, § 15, eff. Oct. 1, 1978. Amended by
Laws 1980, c. 168, § 2, eff. Oct. 1, 1980; Laws 1981, c. 125, § 1;
Laws 2015, c. 94, § 1, eff. Nov. 1, 2015.