Oklahoma Laws and Rules Affecting Real Estate Practice Latest Version 100% Pass

Oklahoma Laws and Rules Affecting Real Estate Practice Latest Version 100% Pass What is the purpose of the Real Estate Commission safeguard the public interest and provide quality services by assisting and providing resources; encouraging high standards of knowledge and ethical practices of licensees. Who is the Oklahoma Real Estate Commission The real estate licensing authority in the state When was the real estate license "code" amended 2013 Who may petition the commission in writing a requested promulgation or repeal any rule anyone How many members doe the commission consist of 7 Commissioner must be residents of Oklahoma how many years before being appointed? 3 5 members of the commission must be real estate broker with at least 5 years of active full- time experience as a real estate broker 1 member of the commission must be lay person with no real estate experience 1 member of the commission must be an active representative of an approved real estate school in Oklahoma located in the state no more than 2 members may be from the same congressional district who appoints the members of the commission the governor Who confirms the members of the commission the senate How many terms (years) do commissioners serve 4 Who provides the governor with the recommendations for persons to serve in the commission The Oklahoma Assoc. of REALTORS How can the governor replace a commission member failure to perform the duties required and they also have the authority to fill a vacancy How often do commissions meet to go over hearings monthly What is the main purpose of the Ok Real Estate commission to safeguard the public interest Real estate comm. make and enforce Rules Real estate comm establish fees REC administer exams to qualified candidates who apply What do the REC sell to license applications and other entities to make money computer testing Who does the REC issue licenses to persons who have passed examinations What type of activities does the REC regulate activities of the real estate broker, provisional sales assoc., sales assoc., branch offices, nonresident licensees, real estate corp, partnerships, and associations. How does the REC discipline licensees, instructors,