Oklahoma License Law
An Oklahoma licensee's license is automatically suspended when:
AThey take a vacation of more than 30 days
BThe licensee's E&O insurance lapses, as Oklahoma requires active licensees to maintain E&O coverage as a condition of active license status✓ Correct
CThey change their home address without notifying OREC within 90 days
DThey work part-time rather than full-time in real estate
Explanation
Oklahoma requires active licensees to maintain errors and omissions (E&O) insurance. If E&O coverage lapses, the licensee cannot maintain active license status. Failing to maintain required E&O insurance is a ground for suspension of the real estate license.
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