Oklahoma License Law
OREC's Education Trust Fund is funded by:
AFederal HUD grants
BA portion of license fees collected from Oklahoma licensees✓ Correct
COklahoma state income tax revenue
DReal estate transaction fees paid by buyers and sellers
Explanation
OREC's Education Trust Fund is funded by a portion of the license fees paid by Oklahoma real estate licensees. These funds support real estate education initiatives, including courses approved for pre-license and continuing education.
Related Oklahoma Oklahoma License Law Questions
- Which of the following best describes a 'provisional' sales associate license in Oklahoma?
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- How long is the initial term of an Oklahoma real estate sales associate license?
- Which of the following is a requirement for a real estate school in Oklahoma to receive OREC approval?
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