Oklahoma License Law
Under Oklahoma law, a sales associate who wishes to transfer from one broker to another must:
ASimply begin working for the new broker immediately
BNotify OREC in writing and ensure the new broker submits an affiliation form before conducting any licensed activities for the new broker✓ Correct
CWait 30 days before starting with the new broker
DObtain approval from the former broker before transferring
Explanation
Oklahoma requires proper notification to OREC when a licensee transfers between brokers. The new broker must submit an affiliation form and OREC must be notified before the licensee can conduct licensed activities under the new broker.
Related Oklahoma Oklahoma License Law Questions
- OREC's Education Trust Fund is funded by:
- An Oklahoma real estate licensee who is convicted of a felony involving fraud:
- When an Oklahoma broker's license is revoked, all sales associates affiliated with that broker:
- An Oklahoma licensee who receives a referral fee from an out-of-state broker for referring an Oklahoma client must:
- OREC has the authority to do all of the following EXCEPT:
- An Oklahoma licensee who is found guilty of misrepresentation may face:
- OREC's authority to discipline a licensee does NOT include the power to:
- An Oklahoma licensee's license is automatically suspended when:
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