Environmental

The Oklahoma Department of Environmental Quality (DEQ) has authority over which of the following activities that might affect real estate transactions?

ASetting property tax rates
BRegulating cleanup of contaminated sites, issuing permits for underground storage tanks, and overseeing hazardous waste disposal✓ Correct
CLicensing real estate agents
DApproving mortgage applications

Explanation

The Oklahoma DEQ regulates environmental hazards that can significantly impact real property values and transfer, including contaminated site remediation (Brownfields), UST regulation, and hazardous substance oversight.

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