Oklahoma § 12-1512 - Purchase at appraised value
Full text of Oklahoma Oklahoma Statutes § 12-1512 — Purchase at appraised value, with citation guidance and answers to common questions.
§ 12-1512. Purchase at appraised value
If partition cannot be made, and the property shall have been
valued and appraised, any one or more of the parties may elect to
take the same at the appraisement, and the court may direct the
sheriff to make a deed to the party or parties so electing, on
payment to the other parties of their proportion of the appraised
value. Such election shall be filed within twenty (20) days of the
filing of the commissioners' report provided that the court may,
before expiration of the said twenty (20) days, fix a different and
longer period for the filing of elections.
R.L. 1910, § 4951. Amended by Laws 1953, p. 60, § 1; Laws 1974, c.
166, § 2, eff. Oct. 1, 1974.
Frequently Asked Questions About Oklahoma § 12-1512
What does Oklahoma Statutes § 12-1512 cover?
Section 12-1512 ("Purchase at appraised value") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 12-1512?
A common citation format is "Oklahoma Statutes § 12-1512" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 12-1512 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.