Okla. Stat. tit. 59, § 59-858-359
This is the official text of Okla. Stat. tit. 59, § 59-858-359, 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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Payment to broker not determinative of relationship
Official statutory text
A. The payment or promise of payment or compensation by a party
to a broker does not determine what relationship, if any, has been
established between the broker and a party to a transaction.
B. In the event a broker receives a fee or compensation from
any party to the transaction based on a selling price or lease cost
of a transaction, such receipt does not constitute a breach of duty
or obligation to any party to the transaction.
C. A broker or real estate owner of record may compensate or
offer compensation to any real estate professional licensed by the
Oklahoma Real Estate Commission for providing brokerage services in
connection with the purchase, lease, sale, transfer, or exchange of
real estate located in this state.
Oklahoma Statutes - Title 59. Professions and Occupations Page 732
D. 1. Nothing in this section requires a broker to charge, or
prohibits a broker from charging, a separate fee or other
compensation for each duty or other brokerage services provided
during a transaction.
2. Nothing in this section requires a broker or real estate
owner of record to offer compensation to any real estate
professional in this state.
to a broker does not determine what relationship, if any, has been
established between the broker and a party to a transaction.
B. In the event a broker receives a fee or compensation from
any party to the transaction based on a selling price or lease cost
of a transaction, such receipt does not constitute a breach of duty
or obligation to any party to the transaction.
C. A broker or real estate owner of record may compensate or
offer compensation to any real estate professional licensed by the
Oklahoma Real Estate Commission for providing brokerage services in
connection with the purchase, lease, sale, transfer, or exchange of
real estate located in this state.
Oklahoma Statutes - Title 59. Professions and Occupations Page 732
D. 1. Nothing in this section requires a broker to charge, or
prohibits a broker from charging, a separate fee or other
compensation for each duty or other brokerage services provided
during a transaction.
2. Nothing in this section requires a broker or real estate
owner of record to offer compensation to any real estate
professional in this state.
Status: in_force · Read it on the official government site
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