Contracts
An Oklahoma real estate purchase contract can be assigned (transferred to a new buyer) unless:
AThe property is residential
BThe contract contains a non-assignment clause, or the nature of the contract makes it personal and non-assignable✓ Correct
CThe seller is also a licensed agent
DThe original buyer paid earnest money
Explanation
Real estate contracts can generally be assigned to a new buyer unless the contract expressly prohibits assignment. Sellers often negotiate non-assignment clauses to ensure they know and approve of the ultimate buyer, which is important in wholesale transactions.
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