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Mandated DisclosuresSeller_disclosuresEASY

An Oklahoma licensee is asked about a seller of covered Oklahoma residential property is preparing for a buyer’s offer. What is the best answer?

Correct Answer

D) The seller must deliver either a property disclaimer statement or a property condition disclosure statement on the OREC form

60 O.S. section 833 requires one of the two OREC forms for covered residential property. Source basis: OREC Residential Property Condition Disclosure Act booklet updated 2025, 60 O.S. sections 831-839: disclaimer/disclosure statements, delivery before acceptance, licensee duties, remedies, exemptions, and acknowledgments. Checked 2026-04-30.

Answer Options
A
The seller may rely only on verbal disclosure
B
Only the buyer’s inspector completes the disclosure form
C
The broker may invent a substitute form
D
The seller must deliver either a property disclaimer statement or a property condition disclosure statement on the OREC form

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Related Topics & Key Terms

Related Topics:

ok.IVseller_disclosures

Key Terms:

oklahomaok.IVseller_disclosuresdisclaimer-or-disclosure-required
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