Oklahoma License Law
Oklahoma's OREC can assess a civil fine against a licensee of up to:
A$500 per violation
B$2,500 per violation✓ Correct
C$100 per violation
D$10,000 per violation
Explanation
OREC has the authority to assess civil fines against licensees for violations of Oklahoma real estate law. The maximum fine per violation is set by statute and OREC rules. Fines can be assessed in addition to other disciplinary actions like suspension or revocation.
Related Oklahoma Oklahoma License Law Questions
- Which of the following actions requires an Oklahoma real estate license?
- In Oklahoma, a real estate sales associate license must be held under:
- Under OREC rules, earnest money must be deposited into a broker's trust account within how many days of acceptance of the contract?
- How many hours of continuing education must Oklahoma licensees complete per 3-year renewal cycle?
- An Oklahoma licensee's license is automatically suspended when:
- In Oklahoma, advertising by a sales associate must include:
- OREC's Education Trust Fund is funded by:
- Oklahoma's Real Estate Education and Recovery Fund provides:
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