This bill amends Section 833 of Title 60 of the Oklahoma Statutes, which pertains to property disclosures required from sellers to purchasers. The key change introduced by this bill is the requirement for sellers to disclose the existence of polybutylene pipes in their property condition disclosure statements. This addition aims to inform potential buyers about the presence of these specific plumbing materials, which are known to have issues related to durability and reliability.

In addition to the new requirement regarding polybutylene pipes, the bill maintains the existing framework for property disclosures, which includes various other conditions and defects that sellers must report. The Oklahoma Real Estate Commission is tasked with developing the necessary forms for these disclosures, ensuring they are accessible to all parties involved in real estate transactions. The bill is set to take effect on November 1, 2025.