ok-2296: Oklahoma Real Estate Commission — Requirements, Standards, and Procedures
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The proposed amendments to Subchapter 3 clarify continuing education requirements for deed theft as required under 59 O.S., § 858-307.2 and removes unnecessary language for new license applicants. The proposed amendments to Subchapter 5 consolidates the process for pre-license and post-license course and instructor applications and course standards. The proposed amendments to Subchapter 7 removes unnecessary language, clarifies the approval process for business entity applications, and clarifies the number of pre-requisite course hours for out-of-state license applicants. The proposed amendments to Subchapter 9 clarifies that a broker is responsible for any licensable activities performed by virtual and remote assistants and any software based tools, clarifies when license disclosure is required, and clarifies that a team member cannot hold themselves out as owner of a real estate brokerage. The proposed addition to Subchapter 17 clarifies the process for the Commission to carry out cease and desist orders under 59 O.S., § 858-208. The proposed amendment to Appendix A updates the Residential Property Condition Disclosure Statement to the most recent version of the form.
The agency’s own summary, as published.
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