Oklahoma License Law
When an Oklahoma broker retires and closes their brokerage, all affiliated licensees must:
AAutomatically become independent brokers
BObtain affiliation with a new broker before conducting any additional licensed activities, or obtain their own broker license✓ Correct
CWait 90 days before transferring to another broker
DFile with OREC to receive automatic transfer to another firm
Explanation
When a broker closes their firm, affiliated sales associates' licenses become unaffiliated. They must affiliate with a new broker before conducting any licensed real estate activities. Operating without broker affiliation is unlicensed practice.
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