Okla. Stat. tit. 59, § 59-858-303
This is the official text of Okla. Stat. tit. 59, § 59-858-303, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
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Eligibility for license as real estate broker -
Official statutory text
Examination.
A. Applicants for a broker license who hold a sales associate
license or are not currently licensed shall meet the following
requirements:
1. Have two (2) years’ of active licensure within the previous
five (5) years or its equivalent;
2. Submit to the Commission evidence of successful completion
of ninety (90) clock hours or its equivalent as determined by the
Commission of advanced real estate instruction in a course of study
approved by the Commission and completion of the Broker in Charge
course as defined in the Code. The education required in this
subsection shall only be valid for a period of three (3) years from
Oklahoma Statutes - Title 59. Professions and Occupations Page 716
the date the school certified successful completion of the course;
thereafter, the applicant shall be required to successfully complete
an additional ninety (90) clock hours or its equivalent in advanced
real estate instruction;
3. Provide documentation verifying ten real estate transactions
within the past five (5) years or the equivalent as determined by
the Commission. For the purposes of this subsection only,
transaction shall be defined as the completed sale, exchange,
purchase, or lease of real estate and shall be demonstrated on forms
developed by the Commission; and
4. Apply to the Commission to take an examination for the
purpose of securing a license as a broker.
B. Application shall be made upon forms prescribed by the
Commission and shall be accompanied by fees as provided for in this
Code and all information and documents the Commission may require.
C. If the applicant has passed the examination, received final
approval of the application, and paid the appropriate fees provided
for in this Code along with the Oklahoma Real Estate Education and
Recovery Fund fee, the Commission shall issue to the applicant a
broker license.
D. Applicants for a broker license who hold a broker associate
license shall meet the following requirements:
1. Have two (2) years’ active licensure within the previous
five (5) years, or its equivalent;
2. Submit to the Commission evidence of successful completion
of the Broker in Charge course as defined in the Code; and
3. Provide documentation verifying ten real estate transactions
within the past five (5) years or the equivalent as determined by
the Commission. For the purposes of this subsection only,
transaction shall be defined as the completed sale, exchange,
purchase, or lease of real estate and shall be demonstrated on forms
developed by the Commission.
E. Application shall be made upon forms prescribed by the
Commission and shall be accompanied by fees as provided for in this
Code and all information and documents the Commission may require.
F. If the applicant has received final approval of the
application, and paid the appropriate fee provided for in this Code
along with the Oklahoma Real Estate Education and Recovery Fund fee,
the Commission shall issue to the applicant a broker license.
A. Applicants for a broker license who hold a sales associate
license or are not currently licensed shall meet the following
requirements:
1. Have two (2) years’ of active licensure within the previous
five (5) years or its equivalent;
2. Submit to the Commission evidence of successful completion
of ninety (90) clock hours or its equivalent as determined by the
Commission of advanced real estate instruction in a course of study
approved by the Commission and completion of the Broker in Charge
course as defined in the Code. The education required in this
subsection shall only be valid for a period of three (3) years from
Oklahoma Statutes - Title 59. Professions and Occupations Page 716
the date the school certified successful completion of the course;
thereafter, the applicant shall be required to successfully complete
an additional ninety (90) clock hours or its equivalent in advanced
real estate instruction;
3. Provide documentation verifying ten real estate transactions
within the past five (5) years or the equivalent as determined by
the Commission. For the purposes of this subsection only,
transaction shall be defined as the completed sale, exchange,
purchase, or lease of real estate and shall be demonstrated on forms
developed by the Commission; and
4. Apply to the Commission to take an examination for the
purpose of securing a license as a broker.
B. Application shall be made upon forms prescribed by the
Commission and shall be accompanied by fees as provided for in this
Code and all information and documents the Commission may require.
C. If the applicant has passed the examination, received final
approval of the application, and paid the appropriate fees provided
for in this Code along with the Oklahoma Real Estate Education and
Recovery Fund fee, the Commission shall issue to the applicant a
broker license.
D. Applicants for a broker license who hold a broker associate
license shall meet the following requirements:
1. Have two (2) years’ active licensure within the previous
five (5) years, or its equivalent;
2. Submit to the Commission evidence of successful completion
of the Broker in Charge course as defined in the Code; and
3. Provide documentation verifying ten real estate transactions
within the past five (5) years or the equivalent as determined by
the Commission. For the purposes of this subsection only,
transaction shall be defined as the completed sale, exchange,
purchase, or lease of real estate and shall be demonstrated on forms
developed by the Commission.
E. Application shall be made upon forms prescribed by the
Commission and shall be accompanied by fees as provided for in this
Code and all information and documents the Commission may require.
F. If the applicant has received final approval of the
application, and paid the appropriate fee provided for in this Code
along with the Oklahoma Real Estate Education and Recovery Fund fee,
the Commission shall issue to the applicant a broker license.
Status: in_force · Read it on the official government site
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