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Oklahoma Land Office lease bonds.
From $100.

When you lease state-owned land or minerals from the Commissioners of the Land Office (CLO), the lease can require a performance bond securing your obligations — rentals, royalties, and restoration. The CLO sets the amount on your lease or contract; premiums are 5% of your bond amount, with a $100 minimum.

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Required by your CLO lease or contract — surface, agricultural, oil and gas, or mineral
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Amount is set by the CLO on your lease number and agreement — not by us
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A quick soft credit check may apply — never a hard inquiry, and premiums run 5% of the bond amount, $100 minimum
From $100your exact price at applicationSoft pullnever affects your scoreFastinstant underwriting for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to a secured lease.

Your CLO lease is waiting on this bond. Here is the whole process — no broker phone tag:

TODAY · ONLINE

Apply online

Your details, the lease and contract numbers, the agreement date, and the bond amount the CLO set — plus a one-time consent to a soft credit check that never affects your score.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

SAME DAY

File with the Land Office

Receive the executed performance bond ready to file with the Commissioners of the Land Office for your lease. Wet-ink originals mailed whenever the CLO insists.

About this bond

What it is and who needs it.

What the lease bond actually secures

The Commissioners of the Land Office (CLO) manages Oklahoma's school-trust lands — roughly a million surface acres and over a million mineral acres — and leases them for agriculture, grazing, commercial use, and oil and gas. When you take a lease, the CLO can require a performance bond securing your obligations under it.

Depending on the lease, the bond backs payment of rentals and royalties, faithful performance of the lease terms, and restoration of the land — for example, a CLO oil and gas, salt water, or tank battery lease carries a performance bond for plugging and surface restoration. The beneficiary is the CLO, on behalf of the school-land trust.

The amount is set by the CLO on your specific lease, not by a single statewide figure — enter the number on your lease or contract, and your premium (from $100, 5% of bond amount) appears at the application. It is a three-party guarantee, not insurance for you: if the surety pays a claim, you repay the surety.

64 O.S. (Commissioners of the Land Office)The Commissioners of the Land Office lease Oklahoma school-trust lands under Title 64 of the Oklahoma Statutes, including surface, agricultural, and oil and gas / mineral leases (e.g., 64 O.S. § 1020 et seq. for mineral leases). The CLO can require a performance bond securing the lessee’s obligations — rentals, royalties, faithful performance, and restoration — in an amount the Commission sets on the lease. Confirm the required amount and bond form on your CLO lease or contract.

You need this bond if you are

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Taking a CLO oil and gas or mineral lease that requires a performance bond
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Leasing state surface or agricultural land under a CLO lease conditioned on a bond
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An operator on school-trust land bonding for plugging and surface restoration
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Renewing or assigning a CLO lease that carries a continuing bond requirement

One application, issued instantly.

These are the actual underwriting fields, including your lease details and a soft credit check that never affects your score. Submit once and the bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the Oklahoma Land Office lease bond?Premiums are 5% of your bond amount, with a $100 minimum — a fixed rate, not a credit tier. The amount itself is set by the Commissioners of the Land Office on your specific lease — enter that figure and your exact price appears at the application.
Who sets the bond amount?The Commissioners of the Land Office, on your lease or contract. There is no single statewide figure — it depends on the lease type and the obligations the CLO is securing. Confirm the amount on your lease document.
What does the bond secure?Your obligations under the lease — payment of rentals and royalties, faithful performance of the lease terms, and, for oil and gas leases, plugging and surface restoration. If you default and the trust is harmed, the CLO can recover against the bond.
Is there a credit check?A quick soft credit check may apply — it is never a hard inquiry and never affects your score. Premiums are 5% of your bond amount, with a $100 minimum, set independently of the credit check.
Do I pay the full bond amount?No. You pay the premium, which starts from $100. The bond amount is the surety's maximum liability to the CLO — it is not a deposit, and nobody holds your money.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Oklahoma bonds.

Secure your CLO lease today.

From $100, soft pull only. Enter the amount the Land Office set and file with your lease.

Your premiumfrom $100
Apply now →