Oklahoma Residential Real Property- Introduction

State:
Oklahoma
Control #:
OK-JURY-30-1-CV
Format:
Word
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Description

Residential Real Property- Introduction
Oklahoma Residential Real Property- Introduction is a broad term encompassing the different types of residential real property available in the state of Oklahoma. Types of Oklahoma Residential Real Property- Introduction include single family homes, condominiums, townhouses, duplexes, mobile homes, and manufactured homes. Single family homes are stand-alone homes with no common walls or shared living spaces with other homes. Condominiums are multi-unit dwellings, usually with a few shared common areas, in which each unit is individually owned. Townhouses are multi-level dwellings, usually with shared common areas, in which each unit is individually owned. Duplexes are multi-unit dwellings, usually with two units sharing a common wall. Mobile homes are pre-fabricated dwellings, usually built on a chassis and transported to a permanent location. Manufactured homes are pre-fabricated dwellings, usually built in a factory and transported to a permanent location.

Oklahoma Residential Real Property- Introduction is a broad term encompassing the different types of residential real property available in the state of Oklahoma. Types of Oklahoma Residential Real Property- Introduction include single family homes, condominiums, townhouses, duplexes, mobile homes, and manufactured homes. Single family homes are stand-alone homes with no common walls or shared living spaces with other homes. Condominiums are multi-unit dwellings, usually with a few shared common areas, in which each unit is individually owned. Townhouses are multi-level dwellings, usually with shared common areas, in which each unit is individually owned. Duplexes are multi-unit dwellings, usually with two units sharing a common wall. Mobile homes are pre-fabricated dwellings, usually built on a chassis and transported to a permanent location. Manufactured homes are pre-fabricated dwellings, usually built in a factory and transported to a permanent location.

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FAQ

OKLAHOMA REAL ESTATE COMMISSION This is a legally binding Contract; if not understood, seek advice from an attorney.

How Long Does It Take to Get Your Oklahoma Real Estate License? The entire process from taking the required education to receiving your license takes anywhere from 1 to 4 months. Per OREC regulations, all students have 6 months to finish their coursework.

The Oklahoma Real Estate Commission shall have the following powers and duties: 1. T o promulgate rules, prescribe administrative fees by rule, and make orders as it may deem neces- sary or expedient in the performance of its duties; 2. T o administer examinations to persons who apply for the issuance of licenses; 3.

Upcoming Interview with Grant Cody, Executive Director, Oklahoma Real Estate Commission.

She was appointed by Governor Kevin Stitt to serve on the Oklahoma Real Estate Commission for a 4 year term in May of 2020. Most recently, she was elected as Vice-Chair of the Commission for 2022.

In addition to any other penalties provided by law, any person unlicensed pursuant to The Oklahoma Real Estate License Code who shall willingly and knowingly violate any provision of this Code, upon conviction, shall be guilty of a misdemeanor punishable by a fine of not more than One Thousand Dollars ($1,000.00), or

The Oklahoma Real Estate Commission (the Agency) is the regulatory agency for the Real Estate License Act, which became effective in January 1950.

The Oklahoma Real Estate Commission known as OREC is the sole governing body of all things real estate in Oklahoma. They have many responsibilities including issuing licenses and making rules and regulations, an authority granted them by the Administrative Procedures Act.

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Oklahoma Residential Real Property- Introduction