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TEST YOUR UNDERSTANDING
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91. The Oklahoma Real Estate Commission has the right and power
A. to arbitrate disputes between licensees.
92. If a broker and an associate have a dispute over a sales commission which cannot be settled by other means, they should
A. try to get the Oklahoma Real Estate Commission to
settle it first.
93. The percentage charged by a broker as the fee for finding a buyer is established by the
A. Oklahoma Real Estate Commission.
94. The Oklahoma Real Estate Commission is made up of
A. one representative from an approved school of real
95. Which of the following is true about the Oklahoma Real Estate Commission?
A. No more than two members may be from the same
96. Which of the following does the Oklahoma Real Estate Commission not have power to do?
A. Place an offending licensee on probation or issue a
97. Which is exempt from a real estate license?
A. A property owner selling a home.
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