reglab/housing_qa huggingface dataset:
59 OK Stat § 59-858-304 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-304. Evidence of successful completion of basic or advanced real estate instruction - Syllabus of instruction.

|A. A certified transcript from an institution of higher education, accredited by the Oklahoma State Regents for Higher Education or the corresponding accrediting agency of another state, certifying to the successful completion of a six-academic-hour basic course of real estate instruction, or its equivalent, for which college credit was given, shall be prima facie evidence of successful completion of the clock hours of basic real estate instruction for a provisional sales associate applicant as required in Section 858-302 of this Code. The education required in this subsection shall only be valid for a period of three (3) years from the date the school certified successful completion of the course; thereafter, the applicant shall be required to successfully complete an additional six-academic-hour basic course of real estate instruction, or its equivalent. |B. A certified transcript from an institution of higher education, accredited by the Oklahoma State Regents for Higher Education or the corresponding accrediting agency of another state, certifying to the successful completion of a three-academic-hour course of real estate instruction, or its equivalent, consisting of the provisional sales associate postlicense education requirements for which college credit was given, shall be prima facie evidence of successful completion of the clock hours of real estate instruction for the postlicense education requirement as required in Section 858-302 of this title.C. A certified transcript from an institution of higher education, accredited by the Oklahoma State Regents for Higher Education or the corresponding agency of another state, certifying to the successful completion of a six-academic-hour advanced course of real estate instruction, or its equivalent, for which college credit was given, shall be prima facie evidence of successful completion of the clock hours of advanced real estate instruction, or its equivalent, as required in Section 858-303 of this Code for a broker applicant.D. Each school, whether public or private other than institutions of higher education, must present to the Commission its syllabus of instruction, prior to approval of such school.Added by Laws 1974, c. 121, § 304, operative July 1, 1974. Amended by Laws 1980, c. 165, § 4, eff. Oct. 1, 1980; Laws 1991, c. 43, § 6, eff. July 1, 1993; Laws 1992, c. 94, § 4, eff. July 1, 1993; Laws 1998, c. 60, § 11, eff. Jan. 1, 1999; Laws 2008, c. 274, § 2, eff. Nov. 1, 2008; Laws 2013, c. 173, § 3, eff. Nov. 1, 2013.
59 OK Stat § 59-858-305 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-305. Licensing of associations, corporations and partnerships - Registration of brokerage teams.

|A. The Oklahoma Real Estate Commission may license as a broker any association or corporation in which the managing member or managing officer holds a license as a real estate broker, as defined in this Code, and in which every member, officer or employee who acts as a real estate broker or real estate sales associate holds a license for that purpose, as defined in this Code. The Commission may license as a real estate broker any partnership in which each partner holds a license as a real estate broker, as defined in this Code. |B. The Oklahoma Real Estate Commission shall require the registration of all teams affiliated under a brokerage for the purpose of allowing the Commission to better align and track the teams within each brokerage. For the purposes of this section, a team shall mean any two or more licensees who work under the supervision of the same broker, work together on real estate transactions to provide brokerage services, represent themselves to the public as being part of a team, and are designated by a team name. Such registration shall occur before a team performs any licensed activities, and the broker shall notify the Commission when any team name is no longer being used. The Commission may charge a registration fee for each team not to exceed the administrative costs of the registration process.C. Application for licenses and registrations described in this section shall be made on forms prescribed by the Commission and shall be issued pursuant to rules promulgated by the Commission.Added by Laws 1974, c. 121, § 305, operative July 1, 1974. Amended by Laws 1996, c. 159, § 2, eff. Nov. 1, 1996; Laws 2017, c. 248, § 4, eff. Nov. 1, 2017.
59 OK Stat § 59-858-306 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-306. Licensing of nonresidents.

|A. Any person who desires to perform licensed activities in Oklahoma but maintains a place of business outside of Oklahoma may obtain an Oklahoma nonresident license by complying with all applicable provisions of this Code including the successful completion of the applicable Oklahoma state portion of the real estate examination. |B. The nonresident shall give written consent that actions and suits at law may be commenced against the nonresident licensee in any county in this state wherein any cause of action may arise or be claimed to have arisen out of any transaction occurring in the county because of any transactions commenced or conducted by the nonresident or the nonresident's associates or employees in such county. The nonresident shall further, in writing, appoint the secretary-treasurer of said Commission as service agent to receive service of summons for the nonresident in all of such actions and service upon the secretary-treasurer of such Commission shall be held to be sufficient to give the court jurisdiction over the nonresident in all such actions.C. A broker who is duly licensed in another state and who has not obtained an Oklahoma nonresident license may enter a cooperative brokerage agreement with a licensed real estate broker in this state. If, however, the broker desires to perform licensed activities in this state, the broker must obtain an Oklahoma nonresident license.Added by Laws 1974, c. 121, § 306, operative July 1, 1974. Amended by Laws 1991, c. 43, § 7, eff. July 1, 1993; Laws 1998, c. 60, § 12, eff. Jan. 1, 1999; Laws 2008, c. 274, § 3, eff. Nov. 1, 2008.
59 OK Stat § 59-858-307.1 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-307.1. Issuance of license - Term - Fees.

|A. The Oklahoma Real Estate Commission shall issue every real estate license for a term of thirty-six (36) months with the exception of a provisional sales associate license whose license term shall be for twelve (12) months. License terms shall not be altered except for the purpose of general reassignment of the terms which might be necessitated for maintaining an equitable staggered license term system. The expiration date of the license shall be the end of the twelfth or thirty-sixth month, whichever is applicable, including the month of issuance. Fees shall be promulgated by rule, payable in advance, and nonrefundable. |B. If a license is issued for a period of less than thirty-six (36) months, the license fee shall be prorated to the nearest dollar and month. If a real estate sales associate or a provisional sales associate shall qualify for a license as a real estate broker, then the real estate provisional sales associate’s or sales associate's license fee for the remainder of the license term shall be prorated to the nearest dollar and month and credited to such person's real estate broker's license fee.Added by Laws 1980, c. 165, § 5, eff. July 1, 1981. Amended by Laws 1985, c. 231, § 5, operative July 1, 1985; Laws 1989, c. 235, § 3, emerg. eff. May 12, 1989; Laws 1991, c. 43, § 8, eff. July 1, 1993; Laws 1998, c. 60, § 13, eff. Jan. 1, 1999; Laws 2001, c. 235, § 3, eff. Aug. 1, 2001.
59 OK Stat § 59-858-307.2 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-307.2. Renewal of license - Continuing education requirement.

|A. Beginning November 1, 2004, as a condition of renewal or reactivation of the license, each licensee with the exception of those exempt as set out in this section shall submit to the Oklahoma Real Estate Commission evidence of completion of a specified number of hours of continuing education courses approved by the Commission, within the thirty-six (36) months immediately preceding the term for which the license is to be issued. The number of hours, or its equivalent, required for each licensed term shall be determined by the Commission and promulgated by rule. Each licensee shall be required to complete and include as part of said continuing education a certain number of required subjects as prescribed by rule. |B. The continuing education courses required by this section shall be satisfied by courses approved by the Commission and offered by:1. The Commission;2. A technology center school;3. A college or university;4. A private school;5. The Oklahoma Association of Realtors, the National Association of Realtors, or any affiliate thereof;6. The Oklahoma Bar Association, American Bar Association, or any affiliate thereof; or7. An education provider.C. The Commission shall maintain a list of courses which are approved by the Commission.D. The Commission shall not issue an active renewal license or reactivate a license unless the continuing education requirement set forth in this section is satisfied within the prescribed time period.E. The provisions of this section do not apply:1. During the period a license is on inactive status;2. To a licensee who holds a provisional sales associate license;3. To a nonresident licensee licensed in this state if the licensee maintains a current license in another state or states and has satisfied the continuing education requirement for license renewal in that state or states. If the nonresident licensee is exempt from the continuing education requirements in all states where the nonresident holds a license, the nonresident licensee shall successfully complete this state’s continuing education requirement for license renewal or reactivation; or4. To a corporation, association, partnership or branch office.Added by Laws 1980, c. 165, § 6, eff. July 1, 1984. Amended by Laws 1983, c. 289, § 2, emerg. eff. June 24, 1983; Laws 1984, c. 16, § 1, emerg. eff. March 20, 1984; Laws 1991, c. 43, § 9, eff. July 1, 1993; Laws 1992, c. 94, § 5, eff. July 1, 1993; Laws 1994, c. 149, § 3, eff. July 1, 1994; Laws 1998, c. 60, § 14, eff. Jan. 1, 1999; Laws 2001, c. 33, § 48, eff. July 1, 2001; Laws 2001, c. 235, § 4, eff. Nov. 1, 2001; Laws 2008, c. 274, § 4, eff. Nov. 1, 2008; Laws 2011, c. 29, § 1, eff. Nov. 1, 2011.
59 OK Stat § 59-858-307.3 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-307.3. Application for reissuance of license after revocation.

|A person shall not be permitted to file an application for reissuance of a license after revocation of the license within three (3) years of the effective date of revocation. |Added by Laws 1994, c. 149, § 5, eff. July 1, 1995.
59 OK Stat § 59-858-307.4 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-307.4. Criminal history record - Investigation - Costs.

|A. Prior to the issuance of a license pursuant to this Code, each applicant shall submit to a national criminal history record check, as defined by Section 150.9 of Title 74 of the Oklahoma Statutes. |B. Upon receipt by the Commission of criminal history, the Commission shall conduct an investigation in accordance with rules promulgated by the Commission.C. The costs associated with the national criminal history record check shall be paid by the applicant.Added by Laws 2007, c. 42, § 4, eff. Jan. 1, 2008.
59 OK Stat § 59-858-308 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-308. Current list of licensees.

|In the interest of the public, the Commission shall keep a current list of the names and addresses of all licensees, and of all persons whose licenses have been suspended or revoked, together with such other information relative to the enforcement of the provisions of this Code as it may deem advisable and desirable. Such listings and information shall be a matter of public record. |Laws 1974, c. 121, § 308, operative July 1, 1974.
59 OK Stat § 59-858-309 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-309. Inactive status for licensees.

|A. The Commission may place a license on inactive status when the request therefor is accompanied by sufficient reason; however, said status shall not relieve the licensee from paying the required fees. The request for inactive status shall be in writing on forms furnished by the Commission. |B. During active military service, any licensee shall not be required to pay the fees but shall request the inactive status prior to each term for which the license is to be issued.Added by Laws 1974, c. 121, § 309, operative July 1, 1974. Amended by Laws 1980, c. 165, § 7, eff. July 1, 1981; Laws 1984, c. 16, § 2, emerg. eff. March 20, 1984; Laws 1998, c. 60, § 15, eff. Jan. 1, 1999.
59 OK Stat § 59-858-310 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-310. Location of office - Licenses for branch offices.

|A. A real estate broker shall maintain a specific place of business. Such place of business shall comply with all local laws and shall be available to the public during reasonable business hours. |B. If a real estate broker maintains more than one place of business and the additional location is an extension of the main office, a branch office license must be obtained for each additional location. Each branch office shall be under the direction and supervision of a separate broker and shall be considered a managing broker of the branch office. Application shall be made upon forms as prescribed by the Commission.Added by Laws 1974, c. 121, § 310, operative July 1, 1974. Amended by Laws 1998, c. 60, § 16, eff. Jan. 1, 1999.
59 OK Stat § 59-858-311 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-311. Action not maintainable without allegation and proof of license.

|No person, partnership, association or corporation acting as a real estate licensee shall bring or maintain an action in any court in this state for the recovery of a money judgment as compensation for services rendered in listing, buying, selling, renting, leasing or exchanging of any real estate without alleging and proving that such person, partnership, association or corporation was licensed when the alleged cause of action arose. |Added by Laws 1974, c. 121, § 311, operative July 1, 1974. Amended by Laws 1998, c. 60, § 17, eff. Jan. 1, 1999.
59 OK Stat § 59-858-312.1 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-312.1. Certain persons prohibited from participation in real estate business.

|A. No person whose license is revoked or suspended shall operate directly or indirectly or have a participating interest, or act as a member, partner or officer, in any real estate business, corporation, association or partnership that is required to be licensed pursuant to this Code. |B. No person whose license is cancelled, surrendered or lapsed pending investigation or disciplinary proceedings shall operate directly or indirectly or have a participating interest, or act as a member, partner or officer, in any real estate business, corporation, association or partnership that is required to be licensed pursuant to this Code until such time as the Commission makes a determination on the pending investigation or disciplinary proceedings and approves an application for license.Added by Laws 1994, c. 149, § 6, eff. July 1, 1995.
59 OK Stat § 59-858-313 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-313. Confidential materials of the Commission.

|The following materials of the Commission are confidential and not public records: |1. Examinations conducted by the Commission and materials related to the examinations; and2. Educational materials submitted to the Commission by a person or entity seeking approval and/or acceptance of a course of study.Added by Laws 2007, c. 42, § 3, eff. Jan. 1, 2008.
59 OK Stat § 59-858-351 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-351. Definitions.

|Unless the context clearly indicates otherwise, as used in Sections 858-351 through 858-363 of The Oklahoma Real Estate License Code: |1. "Broker" means a real estate broker, an associated broker associate, sales associate, or provisional sales associate authorized by a real estate broker to provide brokerage services;2. "Brokerage services" means those services provided by a broker to a party in a transaction;3. "Party" means a person who is a seller, buyer, landlord, or tenant or a person who is involved in an option or exchange;4. "Transaction" means an activity or process to buy, sell, lease, rent, option or exchange real estate. Such activities or processes may include, without limitation, soliciting, advertising, showing or viewing real property, presenting offers or counteroffers, entering into agreements and closing such agreements; and5. "Firm" means a sole proprietor, corporation, association or partnership.Added by Laws 1999, c. 194, § 1, eff. Nov. 1, 2000. Amended by Laws 2005, c. 423, § 1, emerg. eff. June 6, 2005; Laws 2012, c. 251, § 1, eff. Nov. 1, 2013; Laws 2013, c. 240, § 2, eff. Nov. 1, 2013.
59 OK Stat § 59-858-353 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-353. Broker duties and responsibilities.

|A. A broker shall have the following duties and responsibilities to all parties in a transaction, which are mandatory and may not be abrogated or waived by a broker: |1. Treat all parties with honesty and exercise reasonable skill and care;2. Unless specifically waived in writing by a party to the transaction:a.receive all written offers and counteroffers,b.reduce offers or counteroffers to a written form upon request of any party to a transaction, andc.present timely all written offers and counteroffers;3. Timely account for all money and property received by the broker;4. Keep confidential information received from a party or prospective party confidential. The confidential information shall not be disclosed by a firm without the consent of the party disclosing the information unless consent to the disclosure is granted in writing by the party or prospective party disclosing the information, the disclosure is required by law, or the information is made public or becomes public as the result of actions from a source other than the firm. The following information shall be considered confidential and shall be the only information considered confidential in a transaction:a.that a party or prospective party is willing to pay more or accept less than what is being offered,b.that a party or prospective party is willing to agree to financing terms that are different from those offered,c.the motivating factors of the party or prospective party purchasing, selling, leasing, optioning or exchanging the property, andd.information specifically designated as confidential by a party unless such information is public;5. Disclose information pertaining to the property as required by the Residential Property Condition Disclosure Act; and6. Comply with all requirements of The Oklahoma Real Estate License Code and all applicable statutes and rules.B. A broker shall have the following duties and responsibilities only to a party for whom the broker is providing brokerage services in a transaction which are mandatory and may not be abrogated or waived by a broker:1. Inform the party in writing when an offer is made that the party will be expected to pay certain costs, brokerage service costs and approximate amount of the costs; and2. Keep the party informed regarding the transaction.C. When working with both parties to a transaction, the duties and responsibilities set forth in this section shall remain in place for both parties.Added by Laws 1999, c. 194, § 3, eff. Nov. 1, 2000. Amended by Laws 2005, c. 423, § 3, emerg. eff. June 6, 2005; Laws 2012, c. 251, § 2, eff. Nov. 1, 2013; Laws 2013, c. 240, § 3, eff. Nov. 1, 2013.
59 OK Stat § 59-858-355.1 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-355.1. Brokerage services to both parties in transaction - Disclosure.

|A. All brokerage agreements shall incorporate as material terms the duties and responsibilities set forth in Section 858-353 of The Oklahoma Real Estate License Code. |B. A broker may provide brokerage services to one or both parties in a transaction.C. A broker who is providing brokerage services to one or both parties shall describe and disclose in writing the broker's duties and responsibilities set forth in Section 858-353 of The Oklahoma Real Estate License Code prior to the party or parties signing a contract to sell, purchase, lease, option, or exchange real estate.D. A firm that provides brokerage services to both parties in a transaction shall provide written notice to both parties that the firm is providing brokerage services to both parties to a transaction prior to the parties signing a contract to purchase, lease, option or exchange real estate.E. If a broker intends to provide fewer brokerage services than those required to complete a transaction, the broker shall provide written disclosure to the party for whom the broker is providing brokerage services. Such disclosure shall include a description of those steps in the transaction for which the broker will not provide brokerage services, and also state that the broker assisting the other party in the transaction is not required to provide assistance with these steps in any manner.Added by Laws 2012, c. 251, § 3, eff. Nov. 1, 2013. Amended by Laws 2013, c. 240, § 4, eff. Nov. 1, 2013.
59 OK Stat § 59-858-356 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-356. Disclosures – Confirmation in writing.

|The written disclosures as required by subsection C of Section 858-355.1 of this title shall be confirmed by each party in writing in a separate provision, incorporated in or attached to the contract to purchase, lease, option, or exchange real estate. In those cases where a broker is involved in a transaction but does not prepare the contract to purchase, lease, option, or exchange real estate, compliance with the disclosure requirements shall be documented by the broker. |Added by Laws 1999, c. 194, § 6, eff. Nov. 1, 2000. Amended by Laws 2012, c. 251, § 4, eff. Nov. 1, 2013; Laws 2013, c. 240, § 5, eff. Nov. 1, 2013.
59 OK Stat § 59-858-358 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-358. Duties of broker following termination, expiration or completion of performance.

|Except as may be provided in a written brokerage agreement between the broker and a party to a transaction, the broker owes no further duties or responsibilities to the party after termination, expiration, or completion of performance of the transaction, except: |1. To account for all monies and property relating to the transaction; and2. To keep confidential all confidential information received by the broker during the broker's relationship with a party.Added by Laws 1999, c. 194, § 8, eff. Nov. 1, 2000.
59 OK Stat § 59-858-359 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-858-359. Payment to broker not determinative of relationship.

|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. 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.Added by Laws 1999, c. 194, § 9, eff. Nov. 1, 2000. Amended by Laws 2012, c. 251, § 5, eff. Nov. 1, 2013.