This bill establishes new legal provisions in Oklahoma to combat deed theft and fraudulent property transactions. It defines "deed theft" as the intentional alteration, forgery, or misrepresentation of property documents with the intent to deceive or unlawfully transfer ownership rights. The bill outlines specific criminal penalties for individuals who engage in such fraudulent activities, including a felony charge that could result in imprisonment for up to ten years or a fine of up to $5,000. Additionally, it mandates that county clerks post signage warning the public about the crime of filing fraudulent court records or instruments.

Furthermore, the bill introduces a judicial process for individuals who believe they have been victims of fraudulent documents. It allows them to file a motion with the court, verified by affidavit, to seek a determination regarding the status of the purported fraudulent lien or claim on their property. The court's review can be conducted without a hearing, and no filing fees will be charged for these motions. The bill also includes provisions for the court to issue findings of fact and conclusions of law regarding the fraudulent documentation, which must be filed and indexed appropriately. The act is set to take effect on November 1, 2025.