In Oklahoma real estate practice, a newly constructed dwelling has never been occupied. What should the licensee remember?
Correct Answer
B) The RPCDA does not apply to transfers of a newly constructed, previously unoccupied dwelling
60 O.S. section 838 exempts transfers of newly constructed, previously unoccupied dwellings. 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.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.
A seller's disclosure statement is a form that sellers complete to inform buyers about the condition and history of the property, including known defects, past repairs, insurance claims, and environmental issues.
Many states and localities have fair housing laws that expand upon the protections offered by the federal Fair Housing Act.
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