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OK Broker State — Information & Free Practice

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OK Broker State

Provider
Pearson VUE
Format
Computer-delivered examination at a test center or through OnVUE
Exam questions
50 scored items plus 10 pretest items
Time limit
90 minutes
Passing score
75% scaled
Exam fee
$90 for the state examination; handbook describes a same-order discount for both examinations
Examination outline
  • I. Laws and Rules Affecting Oklahoma Real Estate Practice (Sales 20, Broker 15)
    • A. Authority of the Real Estate Commission
    • B. Acts of the Associates
    • C. Broker License Requirements (Broker Only)
    • D. Associate License Requirements
    • E. Advertising Regulations (including Internet, social networking)
    • F. Contract Law and Statute of Frauds
    • G. Disclosure of Licensed Status
    • H. License Maintenance Requirements
    • I. Complaint Process
    • J. Duty to Account
    • K. License Transfer and Inactive Status
    • L. OREC Notification Requirements
    • M. Education Requirements
    • N. License Renewal Requirements
    • O. Causes for Suspension or Revocation of License
    • P. Prohibited Dealings
    • Q. Unlicensed Activity
    • R. Unlicensed Assistants
  • II. Oklahoma Broker Relationships Act (Sales 8, Broker 8)
    • A. Duties Owed to All Parties
    • B. Duties Owed to Party to Whom Brokerage Services are Provided.
    • C. Broker-Salesperson Relationships
    • D. Tenant-Licensee Relationship
    • E. Confidentiality
    • F. Duties that Survive End of Brokerage Relationship
    • G. Definitions
    • H. Disclosures Regarding Brokerage Duties and Services
  • III. Property Management (Sales 6, Broker 8)
    • A. License Requirements and Exemptions
    • B. Requirements under the Oklahoma Broker Relationships Act
    • C. Property Management Agreements
    • D. Residential/Non-Residential Landlord and Tenant Act
    • D.1. Residential/Non-Residential Landlord and Tenant Act — Trust Accounts and Security Deposits
    • D.2. Residential/Non-Residential Landlord and Tenant Act — Duties of a Landlord
    • D.3. Residential/Non-Residential Landlord and Tenant Act — Personal Property Disposition
    • D.4. Residential/Non-Residential Landlord and Tenant Act — Terms of Lease
    • D.5. Residential/Non-Residential Landlord and Tenant Act — Eviction/Termination of Tenancy
  • IV. Disclosures and Hazards (Sales 6, Broker 5)
    • A. Residential Property Disclosure Statement
    • B. Residential Property Disclaimer Statement
    • C. Licensees Duties
    • D. Exemptions
    • E. Psychologically Impacted Property
  • V. Trust Accounts and Trust Funds (Broker Only 6)
    • A. Duty to Account
    • B. Commingling
    • C. Trust Account Registration and Audits
    • D. Earned Money Disputes
  • VI. Broker Management (Broker Only 8)
    • A. Broker Supervision
    • B. Place of Business
    • C. Advertising – Responsibility to Oversee and Approve
    • D. Trade Names
    • E. Cessation of Business Activities
    • F. Death or Disability of Broker
    • G. Suspended or Revoked Brokers
    • H. Antitrust Issues
Examination sources