What's New with Oklahoma Contracts and Forms?
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
State Requirements For Oklahoma
Oklahoma State Requirement Details for Real Estate Continuing Education
Renewal Date: Every three years within the initial month of licensure.
Effective 6/1/2025 Increase to CE hours requirement
Hours Required: 30 hours comprised of 17 elective hours and 13 core hours in six required subjects:
13 hours should be in the following topics, consisting of no less than:
- six (6) hours of Contracts and Forms,
- three (3) hours in Professional Conduct, and
- one (1) hour in Broker Relationships Act,
- one (1) hour in Fair Housing,
- one (1) hour in Code and Rules and;
- one (1) hour in Hot Topics/Current Issues.
Provisional Sales Associate Post-Licensing: Provisional Sales Associates have a separate and unique post-licensing requirement of 45 hours which must be completed prior to their first license expiration date. Provisional Sales Associates are not required to complete real estate Continuing Education for their first renewal cycle.
Oklahoma Real Estate Commission
Street Address: 1915 N Stiles Ave #200 Oklahoma City, OK 73105
Telephone: 405.521.3387