Oklahoma License Law
An Oklahoma broker who holds a real estate license in another state wishes to engage in a real estate transaction in Oklahoma for compensation. They must:
AUse their out-of-state license in Oklahoma
BObtain an Oklahoma real estate license or enter into a cooperation agreement with an active Oklahoma broker as allowed by law✓ Correct
CRegister only with the county clerk where the property is located
DHave OREC approve each individual transaction
Explanation
An out-of-state broker who wants to earn compensation for Oklahoma real estate transactions must either obtain an Oklahoma license or, in some circumstances, enter into a written cooperation agreement with an active Oklahoma broker while the out-of-state broker does not perform activities requiring an Oklahoma license.
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