Oklahoma License Law
Oklahoma's Broker Relationships Act defines which relationships a broker may have with parties in a transaction. Under this law, a written agreement is required for:
ASubagency only
BBuyer representation agreements✓ Correct
CAll agency relationships
DListing agreements only
Explanation
Oklahoma's Broker Relationships Act requires a written buyer representation agreement for the agent to be the buyer's representative/agent. Seller listing agreements must also be in writing. The written agreement formalizes the agency relationship and its terms.
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