Oklahoma brokers - Study guides, Class notes & Summaries

Gold Coast Real Estate Chapter 2 Questions With 100% Correct Answers 2023 1919: California enacted the first real estate license law 1923: Florida enacted first real estate license law. Ineffective because expensive & time consumption. 1925: FREC was created to administer & enforce law. 1941: Real estate license law was designated as chapter 475 of Florida Statutes 1979 & 1982 FREC was taken out then Reinstated 1988: FS 475 was going under modification, ...

Oklahoma Real Estate Broker License exam ch 1-3 fully solved 2023Doc Stamp Calculation - correct answer .75 per $500 Purchase price divided by $500 X .75 = Doc stamp cost OREC Jurisdiction extends to - correct answer the license it issues. OREC's office inspection system is to - correct answer assist brokers in operating their businesses in a professional and legally acceptable way. When a complaint is filed against a licensee, what is true - correct answer the licensee is notified and...

Executive Branch of Florida Government (including the DBPR) - Answer Florida Statue Chapter 20 The law is often referred to as the Real Estate Practice Act - Answer Florida Statute Chapter 475 The law that was established for Real Estate Brokers, sales associates, and appraisers - Answer Florida Statue Chapter 475 Part I of the Florida statue 475 pertains to: - Answer Real estate brokerages Part II of the Florida Statue 475 pertains to: - Answer Real estate appraisers and sets for th...

Prices tend to drop - answer-In general, when the supply of a certain commodity increases The real estate market is subject to - answer-The cyclic changes in the national economy & the law of supply and demand Financing,Contracts & Valuation - answer-The typical real estate licensee must have specialized knowledge of a variety of subjects which include of the following Oklahoma Real Estate Commission(OREC) - answer-The regulatory body established by the legislature and empowered to carr...

Chapter 03 How Securities Are Traded Multiple Choice Questions 1. The trading of stock that was previously issued takes place A. in the secondary market. B. in the primary market. C. usually with the assistance of an investment banker. D. in the secondary and primary markets. 2. A purchase of a new issue of stock takes place A. in the secondary market. B. in the primary market. C. usually with the assistance of an investment banker. D. in ...

The Real Estate Market is not described as - answer-Moveable Market The provisions of the Oklahoma Real Estate License Code originate in the state legislature. The agency created in 1950 to administer and enforce the Code is the - answer-Oklahoma Real Estate Commission The provisions requiring a person to be licensed as a real estate broker or sales associate shall apply to any person who _____ for compensation. - answer-solicits prospective purchasers of real property or leases, offers to...

1919: - ANSWER California enacted the first real estate license law 1923: - ANSWER Florida enacted first real estate license law. Ineffective because expensive & time consumption. 1925: - ANSWER FREC was created to administer & enforce law. 1941: - ANSWER Real estate license law was designated as chapter 475 of Florida Statutes 1979 & 1982 - ANSWER FREC was taken out then Reinstated 1988: - ANSWER FS 475 was going under modification, while postlicensing requirements and a program for app...

Who needs a license? - answer-Any person who performs any real estate activities for another person, advertises, holds him/herself out as a real estate broker or sales associate, or receives compensation for performing these activities with regard to real estate must have an Oklahoma real estate license. Oklahoma Real Estate Commission - answer-The primary purpose is to safeguard the public interest- to protect the public against certain illegal or unethical practices. The state statues of...

Title 59, Oklahoma statutes of 1974 is? - answer-Oklahoma real estate license code How many members serve on the Oklahoma Real Estate Commission? - answer-Seven Do Member of the OREC have to be citizens of the US? - answer-Yes Do members of the OREC have to be residents of Oklahoma? and for how long? - answer-Yes, 3 year prior to appointment How many members of the OREC must be real estate brokers? - answer-Five How many years experience must a real estate broker have to serve on ...