Oklahoma License Law
Under Oklahoma license law, the penalty for acting as a real estate broker or sales associate without a license is:
AA civil fine only
BA misdemeanor criminal charge✓ Correct
CA felony criminal charge
DLicense suspension only
Explanation
Practicing real estate without a license in Oklahoma is a misdemeanor. In addition to criminal penalties, an unlicensed person cannot sue to collect a commission.
Related Oklahoma Oklahoma License Law Questions
- OREC's jurisdiction includes the authority to regulate:
- Under OREC rules, a broker must keep transaction records for a minimum of:
- Under Oklahoma law, a broker must maintain a trust account if they:
- Which of the following persons is exempt from the Oklahoma real estate licensing requirement?
- Oklahoma OREC allows which type of brokerage business structure?
- What is the minimum passing score for the Oklahoma real estate licensing exam?
- Which of the following is NOT exempt from needing a real estate license in Oklahoma?
- Under Oklahoma law, the unauthorized practice of real estate (performing licensed activities without a license) can result in:
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