the agreement outlines the monthly rent and obligations of both parties. after signing, the tenant will be required to produce security deposit, 1st month’s rent, and any other upfront fees. an oklahoma residential lease agreement is drafted by the real estate commission and may be used by landlords when renting property to tenants. once a verbal agreement has been reached the lease may be written and… an oklahoma month-to-month lease agreement is a rental contract with no end date but can be canceled with at least 30 days’ notice from the landlord or tenant.