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What's New with Oklahoma Contracts and Forms

$29
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 0 Mandatory Hours: 2 Total Hours: 2
Description
State Requirements

Oklahoma Contracts and Forms Update explores the Oklahoma Uniform Contract of Sale of Real Estate Residential Sale form, as well as the disclosure requirements of the Oklahoma Residential Property Condition Disclosure Act. The course also examines guidelines for disclosures relating to square footage representation.

Understanding the recent changes to Oklahoma’s real estate contracts and forms is essential for any real estate professional seeking to serve clients in the state. For that reason, other topics included in this two-hour course include a review of Exclusive Right-to-Sell Agreements in OK, Vacant Lot or Tract Sales, and a look at new forms, relevant addenda, and specialized guidelines for various real estate sales.

Contracts and forms serve as the foundation of all real estate transactions, and even minor adjustments to these documents can have significant implications for compliance, negotiations, and client trust.

Course highlights include:

  • A review of when an offer becomes a contract
  • A comprehensive overview of the Oklahoma Uniform Contract of Sale of Real Estate Residential Sale form
  • A discussion of the Residential Property Condition Disclosure Act, including a look at your duties, seller liabilities, and buyer remedies
  • Tips for properly disclosing information pertaining to square footage
  • An overview of Exclusive Right-to-Sell Residential Listing Agreements
  • A discussion of Vacant Lot or Tract Sales
  • Information about new Oklahoma real estate forms and changes to existing forms

Package Content:

State Requirements For Oklahoma

Oklahoma State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years within the initial month of licensure. 

Hours required: 30 hours

The CE Shop’s Offering: 15 hours

The CE Shop does not currently offer the 15-hour Broker in Charge course.

Provider Approval Number: 581394

Reporting: The state requires schools to report course completions within five days from the course completion date. Course completions will be reported within this time frame.

Expiration Date of Course: Course expiration dates vary by course but are generally 6 months after order date per Oklahoma rules. Each individual course will have an expiration date listed in your account. Courses must be completed before the expiration date in order to receive credit.

Certificates: Immediately upon real estate course completion, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Oklahoma Real Estate Commission

Street Address: 1915 N Stiles Ave #200 Oklahoma City, OK 73105

Telephone: 405.521.3387

License Renewal Requirements

Licensee Lookup Website

Contact OREC via Email