Broker Lisa has operated her own brokerage for ten years. She is considering hiring James, who holds a valid real estate license in Kansas but has never been licensed in Oklahoma. James wants to work for Lisa's brokerage immediately without obtaining an Oklahoma license. Under Oklahoma law, which of the following is correct?
Correct Answer
C) James must obtain an Oklahoma license through the applicable process before performing licensed activities in Oklahoma
Oklahoma does not have automatic full reciprocity with all states. Under Title 59 O.S. § 858-314, out-of-state licensees must apply for an Oklahoma license through the applicable process, which may include a written examination requirement depending on the applicant's home state. James cannot perform licensed real estate activities in Oklahoma until he holds a valid Oklahoma license.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
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