Podcast
Questions and Answers
What is the process for a licensee to request inactive status?
What is the process for a licensee to request inactive status?
- Pay all continuing fees
- Submit a written request with sufficient reason (correct)
- Renew the license every 36 months
- Complete a national criminal history check
What happens to the license of a person under suspension or revocation?
What happens to the license of a person under suspension or revocation?
- The licensee is exempt from continuing education requirements
- The licensee can operate as a real estate broker
- The licensee may not perform any real estate related services (correct)
- The license is automatically renewed
When does the expiration date of a license occur?
When does the expiration date of a license occur?
- At the end of the twelfth or thirty-sixth month, whichever is applicable (correct)
- At the end of the tenth year
- At the end of the first year
- After 24 months
What is the minimum passing score required in the broker's exam in Oklahoma?
What is the minimum passing score required in the broker's exam in Oklahoma?
What is NOT a requirement for obtaining a Broker Associate license in Oklahoma?
What is NOT a requirement for obtaining a Broker Associate license in Oklahoma?
Which of the following states can reciprocate real estate licenses with Oklahoma?
Which of the following states can reciprocate real estate licenses with Oklahoma?
What is a requirement for obtaining a Broker license in Oklahoma?
What is a requirement for obtaining a Broker license in Oklahoma?
How often must a provisional sales associate renew their license in Oklahoma?
How often must a provisional sales associate renew their license in Oklahoma?
Who is NOT eligible for reciprocity of their real estate license with Oklahoma?
Who is NOT eligible for reciprocity of their real estate license with Oklahoma?
What type of licensee is required to complete a 90-hour advanced real estate instruction course approved by the Commission?
What type of licensee is required to complete a 90-hour advanced real estate instruction course approved by the Commission?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within Oklahoma?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within Oklahoma?
What happens if a licensee fails to comply with the Commission's rules and requirements in Oklahoma?
What happens if a licensee fails to comply with the Commission's rules and requirements in Oklahoma?
What type of education is valid for 3 years in Oklahoma?
What type of education is valid for 3 years in Oklahoma?
What is one of the requirements to obtain a Salesperson License in Oklahoma?
What is one of the requirements to obtain a Salesperson License in Oklahoma?
What is a requirement to become a licensed real estate broker in Oklahoma?
What is a requirement to become a licensed real estate broker in Oklahoma?
Which of the following is NOT a requirement to obtain a Salesperson License in Oklahoma?
Which of the following is NOT a requirement to obtain a Salesperson License in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
How many hours of pre-license education must be completed to obtain a Salesperson License in Oklahoma?
How many hours of pre-license education must be completed to obtain a Salesperson License in Oklahoma?
What type of course should the pre-license education for obtaining a Salesperson License be?
What type of course should the pre-license education for obtaining a Salesperson License be?
Who is granted extensions of time to complete the education and testing requirements for obtaining a license in Oklahoma?
Who is granted extensions of time to complete the education and testing requirements for obtaining a license in Oklahoma?
'Follow the testing procedures established and administered by the Commission' is required for obtaining which license in Oklahoma?
'Follow the testing procedures established and administered by the Commission' is required for obtaining which license in Oklahoma?
How many years must one have worked as either a sales associate, provisional sales associate, or broker associate within the past 5 years to become licensed as a real estate broker in Oklahoma?
How many years must one have worked as either a sales associate, provisional sales associate, or broker associate within the past 5 years to become licensed as a real estate broker in Oklahoma?
What is a requirement to become a Broker Associate in Oklahoma?
What is a requirement to become a Broker Associate in Oklahoma?
What must be submitted along with the application for the broker's license exam in Oklahoma?
What must be submitted along with the application for the broker's license exam in Oklahoma?
Who is eligible to apply for reciprocity of their real estate license with Oklahoma?
Who is eligible to apply for reciprocity of their real estate license with Oklahoma?
What is a restriction for obtaining a Broker license in Oklahoma?
What is a restriction for obtaining a Broker license in Oklahoma?
What type of licensee in Oklahoma is subject to an additional 45-hour post-licensing education requirement?
What type of licensee in Oklahoma is subject to an additional 45-hour post-licensing education requirement?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within the state?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within the state?
What is a requirement to maintain an active license status in Oklahoma?
What is a requirement to maintain an active license status in Oklahoma?
Which type of license holder in Oklahoma may list, sell, lease, or negotiate real estate transactions?
Which type of license holder in Oklahoma may list, sell, lease, or negotiate real estate transactions?
What is the process for a licensee who wants to request inactive status?
What is the process for a licensee who wants to request inactive status?
'Every member, officer, or employee who acts as a broker must maintain a license' applies to which entities according to the text?
'Every member, officer, or employee who acts as a broker must maintain a license' applies to which entities according to the text?
What is the renewal period for licenses in Oklahoma?
What is the renewal period for licenses in Oklahoma?
What is required for reciprocity application with Oklahoma?
What is required for reciprocity application with Oklahoma?
What must an active military member do to request inactive status?
What must an active military member do to request inactive status?
What happens to a license if it is issued for less than 36 months?
What happens to a license if it is issued for less than 36 months?
What must a licensee do if they wish to transfer to another broker?
What must a licensee do if they wish to transfer to another broker?
When is an applicant regarded as an original applicant?
When is an applicant regarded as an original applicant?
What is a requirement for obtaining a provisional sales associate license in Oklahoma?
What is a requirement for obtaining a provisional sales associate license in Oklahoma?
Which of the following is a requirement to become a licensed real estate broker in Oklahoma?
Which of the following is a requirement to become a licensed real estate broker in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
Who is granted an extension of time to complete the education and testing requirements for obtaining a license in Oklahoma?
Who is granted an extension of time to complete the education and testing requirements for obtaining a license in Oklahoma?
What type of education must be completed within 3 years of applying for a Salesperson License in Oklahoma?
What type of education must be completed within 3 years of applying for a Salesperson License in Oklahoma?
What is NOT a requirement to obtain a Salesperson License in Oklahoma?
What is NOT a requirement to obtain a Salesperson License in Oklahoma?
What is required to obtain a Broker Associate License in Oklahoma?
What is required to obtain a Broker Associate License in Oklahoma?
What is a requirement for reciprocity application with Oklahoma?
What is a requirement for reciprocity application with Oklahoma?
Who is eligible for reciprocity of their real estate license with Oklahoma?
Who is eligible for reciprocity of their real estate license with Oklahoma?
What type of licensee in Oklahoma may list, sell, lease, or negotiate real estate transactions?
What type of licensee in Oklahoma may list, sell, lease, or negotiate real estate transactions?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within the state?
What must an out-of-state broker unlicensed in Oklahoma do to transact business within the state?
What must a licensee do if they wish to transfer to another broker?
What must a licensee do if they wish to transfer to another broker?
What must a suspended licensee under suspension or revocation not do?
What must a suspended licensee under suspension or revocation not do?
What is required for a licensee who wants to reinstate a suspended or revoked license?
What is required for a licensee who wants to reinstate a suspended or revoked license?
What should an active military member do to request inactive status?
What should an active military member do to request inactive status?
What is the consequence if a licensee fails to comply with the Commission's rules and requirements?
What is the consequence if a licensee fails to comply with the Commission's rules and requirements?
When does the expiration date of a license occur?
When does the expiration date of a license occur?
What is required for a licensee who wishes to transfer to another broker?
What is required for a licensee who wishes to transfer to another broker?
What happens if a licensee does not complete post-license education in a timely manner?
What happens if a licensee does not complete post-license education in a timely manner?
What must be submitted along with the application for reinstatement after more than 3 years of license lapse?
What must be submitted along with the application for reinstatement after more than 3 years of license lapse?
What is NOT required for obtaining a provisional sales associate license in Oklahoma?
What is NOT required for obtaining a provisional sales associate license in Oklahoma?
What is required for an associate who desires to transfer to another broker?
What is required for an associate who desires to transfer to another broker?
What is a requirement to obtain a Salesperson License in Oklahoma?
What is a requirement to obtain a Salesperson License in Oklahoma?
What is needed to become a licensed real estate broker in Oklahoma?
What is needed to become a licensed real estate broker in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
What happens if the post-license education is not completed for a provisional sales associate in Oklahoma?
Who is granted extensions of time to complete the education and testing requirements for obtaining a license in Oklahoma?
Who is granted extensions of time to complete the education and testing requirements for obtaining a license in Oklahoma?
'Follow the testing procedures established and administered by the Commission' is required for obtaining which license in Oklahoma?
'Follow the testing procedures established and administered by the Commission' is required for obtaining which license in Oklahoma?
What is NOT a requirement to become a licensed real estate broker in Oklahoma?
What is NOT a requirement to become a licensed real estate broker in Oklahoma?
'Active military members are granted extensions of time to complete the education and testing requirements' refers to which type of requirement in Oklahoma?
'Active military members are granted extensions of time to complete the education and testing requirements' refers to which type of requirement in Oklahoma?
'Completion of a 90-hour advanced real estate course approved by the Oklahoma Real Estate Commission' is necessary for obtaining which type of license in Oklahoma?
'Completion of a 90-hour advanced real estate course approved by the Oklahoma Real Estate Commission' is necessary for obtaining which type of license in Oklahoma?
'Submit the application form and pay the fee as prescribed by the Commission' is required for which stage of obtaining a license in Oklahoma?
'Submit the application form and pay the fee as prescribed by the Commission' is required for which stage of obtaining a license in Oklahoma?
'At least 2 years of previous licensing as a sales associate, provisional sales associate, or broker associate within the past 5 years' is required for which license in Oklahoma?
'At least 2 years of previous licensing as a sales associate, provisional sales associate, or broker associate within the past 5 years' is required for which license in Oklahoma?