The bill establishes new legal provisions to combat title theft in Oklahoma. It allows victims of title theft to file a notice of fraudulent conveyance, which must include a full description of the affected real property and can be filed by the victim or a representative. The county clerk is required to record this notice and may charge a fee for the service. Additionally, the clerk must provide a copy of the notice to the district attorney for potential investigation. However, the clerk can refuse to file the notice if it is believed to be sham legal process or slander of title, in which case the aggrieved party can petition the district court for a writ of mandamus.

The bill also defines title theft and establishes felony offenses for various fraudulent activities related to real property, including altering documents or misrepresenting ownership. Penalties for these offenses include imprisonment and fines, along with mandatory restitution to the victims. Furthermore, county clerks are required to post signage informing the public that filing fraudulent documents is a crime. The act is set to take effect on November 1, 2025.