Oklahoma License Law
When an Oklahoma broker's license is revoked, what happens to any ongoing client transactions?
ATransactions continue under the salespersons' authority
BTransactions must be transferred to a new broker or clients must be released to find new representation✓ Correct
COREC completes the transactions
DThe transactions are voided automatically
Explanation
When a broker's license is revoked, affiliated salespersons cannot legally continue transactions without a supervising broker. Ongoing client transactions must be transferred to a new licensed broker or clients must be released to seek new representation.
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