Contact Marshall Dyer

Marshall Dyer

817 South Elm Place, Suite 101

Broken Arrow  OK  74012

(918) 258-2711


3 Responses

  1. trying to join the home owners group but I cannot find out how to join. Want to know if an incorporated HOA is subject to the yearly audit requirement in Oklahoma statute Title 18 Section 912.

    • Section 912 is part of the “Business Development Corporation Act, which applies only to Corporations that are created for the purposes of lending to Businesses of funding start ups. Homeowners Associations are not within this Act, and not subject to the requirementst of Section 912.

      Hope this Helps,

      Marshall Dyer

  2. As for the question about how long until you must vacate the property, it depends on how quickly the foreclosing party moves after the sale. Once the Court confirms the sale, you are subject to being displaced at any time. It would depend on how quickly the Plaintiff filed the Motion to have the Court confirm the sale, and after confirmation, how long before the Plaintiff actually enlisted the Sheriff to dispossess you.

    Once the sale is confirmed, the Plaintiff becomes the owner of the property, Some government guaranteed mortgages require that as soon as the the sale is confirmed, the Plaintiff assign the property to HUD or FNMA, at which point either HUD or FNMA (and not the Plaintiff) would become the owner,

    As for the equity issue, I am not able to give specific advice. I can only answer general questions here. Please refer to your counsel for answers to what is best for you in your situation.

    God Luck.

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