sec 15.2.1 Conveyances by an Express Private Trust or By the Trustee or Trustees of an Express Private Trust

This rule deals with property that is owned through a trust, and it fixes a small technical problem that can come up when the property is later sold or transferred. Sometimes the paperwork on file lists the trustee (the person or people managing the trust) as the owner, but when the property is sold, the new deed names the trust itself as the seller instead of the trustee. Other times it works the other way around: the trust is listed as the owner, but the trustee is named as the seller on the new deed.

This rule says neither situation counts as a title defect. In other words, small mismatches like this will not mess up the chain of ownership or cause legal problems, as long as the transfer otherwise follows the requirements in the Oklahoma law referenced in the rule (60 O.S. § 175.6a).

Basically, this rule allows some flexibility in how a trust and its trustee are named on property records. It recognizes that people sometimes use the trust's name and the trustee's name interchangeably, and it makes clear that this common practice will not create title problems for property buyers or owners.