Oklahoma License Law
An Oklahoma licensee who receives a referral fee from an out-of-state broker for referring an Oklahoma client must:
ARefuse the referral fee as it is always illegal
BDisclose the referral fee to all parties and ensure it complies with both Oklahoma and the out-of-state jurisdiction's requirements✓ Correct
CPay the fee directly to OREC
DOnly accept referral fees from Oklahoma brokers
Explanation
Referral fees from out-of-state brokers are permissible in Oklahoma when properly disclosed and when the arrangement complies with applicable laws. Oklahoma licensees must disclose compensation received from any source to their clients.
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