Oklahoma Real Estate Exam Practice Questions

The Oklahoma real estate exam is one of the longer state exams: 80 national questions plus 50 state-specific questions for a total of 130 questions. The time limit is 4 hours — the most generous time allocation of any state covered in this series. You must score at least 70% — 91 correct answers — to pass. The exam is administered by PSI.

Sample National Questions

Question 1: A property owner gives a broker the exclusive right to sell a listing for 90 days. On day 45, the owner sells the property themselves. Which of the following is true?

A) The owner owes no commission because they found the buyer B) The broker is entitled to a commission because it was an exclusive right to sell listing C) The broker has no claim because the listing expired D) The broker can only collect a commission if the listing is exclusive agency

Answer: B. Under an exclusive right to sell listing, the broker earns a commission if the property is sold during the listing period — regardless of who produces the buyer.

Question 2: The federal law that requires lenders to provide a Loan Estimate within 3 business days of receiving a mortgage application is:

A) RESPA B) TILA/Regulation Z C) TRID (TILA-RESPA Integrated Disclosure rule) D) ECOA

Answer: C. TRID (the TILA-RESPA Integrated Disclosure rule) requires lenders to provide a Loan Estimate within 3 business days of receiving a mortgage application and a Closing Disclosure at least 3 business days before closing.

Sample Oklahoma State Questions

Question 3: Under the Oklahoma Residential Property Condition Disclosure Act, how soon must a seller provide the disclosure to a buyer?

A) At closing B) Before the buyer makes an offer C) Within 3 days of the contract being signed D) Only if requested by the buyer

Answer: B. Oklahoma requires the seller to provide the Property Condition Disclosure Statement before the buyer makes an offer.

Question 4: Under Oklahoma law, how many business days does a real estate broker have to deposit earnest money into a trust account?

A) 1 business day B) 2 business days C) 3 business days D) 5 business days

Answer: C. Oklahoma law requires brokers to deposit earnest money into a trust account within 3 business days of receipt.

Question 5: Oklahoma real estate license records must be retained for how long?

A) 2 years B) 3 years C) 5 years D) 7 years

Answer: C. Oklahoma requires real estate transaction records to be kept for 5 years.

Key Oklahoma State Facts

OREC: 6 members, Title 59, Chapter 20 (Oklahoma Real Estate License Code)
Pre-license: 90 hours; renewal: every 3 years, 21 hours CE
Passing score: 70% (91/130), 4-hour time limit
Both deed of trust and mortgage used in Oklahoma
No state transfer tax in Oklahoma
Earnest money: deposit within 3 business days
Records retention: 5 years
Oklahoma fair housing: mirrors federal 7 classes (some cities add sexual orientation)

For more Oklahoma exam prep, visit [CARealestate.com/states/oklahoma](https://carealestate.com/states/oklahoma).

Oklahoma Real Estate Exam Practice Questions