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Oklahoma Real Estate PSI Test with Complete Solutions.

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Oklahoma Real Estate PSI Test with Complete Solutions. The Oklahoma Real Estate License Code and Rules as of November 1, 2016 ️ Code any person, partnership, association or corporation who for a fee lists, sells, offers to buy, exchange, rents, or leases real estate ️ Real Estate Broker Any person who has qualified for a license as a broker and who is acting on behalf of the broker ️ Broker Associate any person having a renewable license and working for a real estate broker ️ Real Estate Sales Associate Any person who has been licensed after June 30, 1993, and working for a real estate broker and subject to an additional 45 clock-hour post-licensing educational requirement to be completed within the twelve-month license term ️ Provisional Sales Associate to officially put a law into effect ️ Promulgate The Oklahoma Real Estate Commission (OREC) has been re-created to continue until July 1, 2017 and is in accordance with what Laws? ️ OREC is in accordance to the State's Sunset Law provisions OREC consists of how many members? ️ It consists of 7 members What authority does OREC have? ️ OREC has the authority to REGULATE and ISSUE Real Estate Licenses T/F All members of OREC must be members of the United States ️ TRUE All members of OREC MUST be citizens of the United States All members must be residents of that state for how many years before before they can be appointed? ️ All members MUST LIVE IN THE STATE FOR 3 YEARS before they can be appointed How many members of the OREC must be licensed Real Estate Brokers? ️ 5 members must be licenses RE brokers


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