Tag: become a real estate agent
§858-301. License required; Exceptions
It shall be unlawful for any person to act as a real estate licensee, or to hold himself or herself out as such, unless the person shall have been licensed to do so under this Code. However, nothing in this section shall:
1. Prevent any person, partnership, trust, association or corporation, or the partners, officers or employees of any partnership, trustees or beneficiaries of any trust, association or corporation, from acquiring real estate for its
own use, nor shall anything in this section prevent any person, partnership, trust, association or corporation, or the partners, officers or employees of any person, partnership, trustees or beneficiaries of any trust, association
or corporation, as owner, lessor or lessee of real estate, from selling, renting, leasing, exchanging, or offering to sell, rent, lease or exchange, any real estate so owned or leased, or from performing any acts with respect to
such real estate when such acts are performed in the regular course of, or as an incident to, the management, ownership or sales of such real estate and the investment therein;
2. Apply to persons acting as the attorney-in-fact for the owner of any real estate authorizing the final consummation by the performance of any contract for the sale, lease or exchange of such real estate;
3. In any way prohibit any attorney-at-law from performing the duties of the attorney as such, nor shall this
Code prohibit a receiver, trustee in bankruptcy, administrator, executor, or his or her attorney, from performing his or her duties, or any person from performing any acts under the order of any court, or acting as a trustee
under the terms of any trust, will agreement or deed of trust;
4. Apply to any person acting as the resident manager for the owner or an employee acting as the resident
manager for a licensed real estate broker managing an apartment building, duplex, apartment complex or court,
when such resident manager resides on the premises and is engaged in the leasing of property in connection with
the employment of the resident manager;
5. Apply to any person who engages in such activity on behalf of a corporation or governmental body, to
acquire easements, rights-of-way, leases, permits and licenses, including any and all amendments thereto, and
other similar interests in real estate, for the purpose of, or facilities related to, transportation, communication
services, cable lines, utilities, pipelines, or oil, gas, and petroleum products;
6. Apply to any person who engages in such activity in connection with the acquisition of real estate on
behalf of an entity, public or private, which has the right to acquire the real estate by eminent domain;
7. Apply to any person who is a resident of an apartment building, duplex, or apartment complex or court,
when the person receives a resident referral fee. As used in this paragraph, a “resident referral fee” means a
nominal fee not to exceed One Hundred Dollars ($100.00), offered to a resident for the act of recommending
the property for lease to a family member, friend, or coworker; or
8. Apply to any person or entity managing a transient lodging facility. For purposes of this paragraph, “transient lodging facility” means a furnished room or furnished suite of rooms which is rented to a person on a daily basis, not as a principal residence, for a period less than thirty (30) days; or
9. Apply to employees of a licensed real estate broker who lease residential housing units only to eligible persons who qualify through a state or federal housing subsidized program to lease the property in an affordable
housing development project. “Affordable housing development project” means a housing development of four
or more units constructed for lease to specifically eligible persons as required by the particular federal or state
housing program, including, but not limited to, the U.S. Department of Housing and Urban Development, the U.S. Department of Agriculture Rural Development, the U.S. Department of Treasury Internal Revenue Service, or the Oklahoma Housing Finance Agency.
Eligibility for a license—Applicants convicted of criminal offenses—Time periods for disqualification—Procedure
A. Any applicant convicted of any crimes defined in Section 13.1 of Title 21 of the Oklahoma Statutes shall
not be eligible to obtain a real estate license within twenty (20) years of the completion of any criminal sentence,
including parole and probation.
B. Any applicant convicted of a felony involving forgery, embezzlement, obtaining money under false
pretense, extortion, conspiracy to defraud, fraud, or any other similar offense or offenses shall not be eligible
to obtain a real estate license within ten (10) years of the completion of any criminal sentence, including parole
C. Any applicant convicted of any other felony shall not be allowed to obtain a real estate license within five
(5) years of the completion of any criminal sentence, including parole and probation.
D. For purposes of this section, the term “applicant” shall mean any person making an application for original licensure as a provisional sales associate, sales associate, broker associate, or broker and shall not apply to
any licensee seeking renewal of a current license.
E. Any applicant with a felony conviction shall not automatically receive a license after the timelines set
forth in this section, but may be licensed in accordance with the licensing provisions set forth in the Oklahoma
Real Estate License Code and Rules.
§858-301.2. Notification of Commission of conviction or plea of guilty or nolo contendere to felony
Every licensed person pursuant to the provisions of the Oklahoma Real Estate License Code shall notify the
Commission in writing of the conviction or plea of guilty or nolo contendere to any felony offense within thirty
(30) days after the plea is taken and also within thirty (30) days of the entering of an order of judgment and
§858-302. Eligibility for license as provisional sales associates—Qualifications—
A. Any person of good moral character, eighteen (18) years of age or older, and who shall submit to the
Commission evidence of successful completion of ninety (90) clock hours or its equivalent as determined by the
Commission of basic real estate instruction in a course of study approved by the Commission, may apply to the
Commission to take an examination for the purpose of securing a license as a provisional sales associate. 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 ninety (90) clock hours or its equivalent in basic real estate instruction.
B. Application shall be made upon forms prescribed by the Commission and shall be accompanied by an
examination fee as provided for in this Code and all information and documents the Commission may require.
C. The applicant shall appear in person before the Commission for an examination which shall be in the
form and inquire into the subjects the Commission shall prescribe.
D. If it shall be determined that the applicant shall have passed the examination, received final approval of the
application, and paid the appropriate license 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 provisional sales associate license.
E. Following the issuance of a provisional sales associate license, the licensee shall then submit to the
Commission, prior to the expiration of the provisional license, evidence of successful completion of forty-five
(45) clock hours or its equivalent as determined by the Commission of postlicense education real estate instruction in a course(s) of study approved by the Commission. A provisional sales associate who fails to submit
evidence of compliance with the postlicense education requirement pursuant to this section, prior to the first
expiration date of the provisional sales associate license, shall not be entitled to renew such license for another
license term. However, the Commission shall promulgate rules for those persons called into active military
service for purposes of satisfying the postlicense education requirement.
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