Oklahoma § 42-205 - Suit to enforce lien - Extinguishment of lien
Full text of Oklahoma Oklahoma Statutes § 42-205 — Suit to enforce lien - Extinguishment of lien, with citation guidance and answers to common questions.
§ 42-205. Suit to enforce lien - Extinguishment of lien
A. A broker claiming a lien under this act shall, within two
(2) years after recording the notice of lien, bring suit to enforce
the lien in the district court in the county where the property is
located. Failure to commence proceedings as required herein within
two (2) years after recording the notice of lien shall extinguish
the lien. No subsequent notice of lien may be given for the same
claim nor may that claim be asserted in any proceedings under this
act.
B. A broker claiming a lien based upon an option or other right
to purchase or lease shall, within two (2) years after the transfer
or conveyance of the commercial real estate under the exercise of
the option to purchase or lease, commence proceedings by filing a
complaint. Failure to commence proceedings within this time shall
extinguish the lien. No subsequent notice of lien may be given for
the same claim nor may that claim be asserted in any proceedings
under this act.
Added by Laws 2006, c. 166, § 5, eff. Nov. 1, 2006.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 42-205
What does Oklahoma Statutes § 42-205 cover?
Section 42-205 ("Suit to enforce lien - Extinguishment of lien") 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 § 42-205?
A common citation format is "Oklahoma Statutes § 42-205" (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 § 42-205 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.