Oklahoma Real Estate Broker Exam — Study Guide

What the Oklahoma portion actually is

The Oklahoma real estate examinations are delivered by Pearson VUE. Everything in this section is read out of two vendor documents: content outline publication #093801, revision 03/2025, whose Oklahoma state outline is effective April 2, 2024, and Oklahoma candidate handbook #093800.

Note the vendor first, because it changed. Oklahoma's examinations were formerly delivered by PSI. Any bulletin, school handout or guide describing a PSI-delivered Oklahoma real estate exam is out of date on the delivery vendor, whatever else it gets right — scheduling, fees, question-review procedure and score reporting all run through Pearson VUE now.

	Items	Time	Fee	Passing score
National/general (broker)	80 scored + 5 pretest	150 minutes	$90	75% scaled
Oklahoma state (broker)	50 scored	90 minutes	$90	75% scaled
Oklahoma state (salesperson)	40 scored	90 minutes	$75	70% scaled

The pass mark for a broker is 75 percent, not 70

Fix this first, because it changes how you study. The handbook's score table prints 75% scaled for both OK Broker State and OK Broker National, and 70% scaled for the salesperson forms.

It is not only the vendor saying so. OREC's own rule, OAC 605:10-3-5(f), says it in the Commission's words: "A score of seventy-five percent (75%) or more shall be considered a passing grade on the broker examination. A score of seventy percent (70%) or more shall be considered a passing grade on the provisional sales associate/sales associate examination."

That rule carried the identical split in the Commission's rule book effective November 1, 2023, and carries it in the book effective November 1, 2025. The split is long-standing and is not a 2024 change — which matters, because a guide printing "70 percent" is not out of date, it has copied the salesperson row. If a source tells you 70 percent and does not put the word "salesperson" next to it, that source has read the wrong line of the table.

The item counts, and a disagreement between the vendor's own two documents

The outline's own sentence is the authority: "The state-specific examinations are made up of forty (40) scored items for salesperson candidates and fifty (50) items for broker candidates." The six published areas sum exactly to fifty for the broker: 15 + 8 + 8 + 5 + 6 + 8 = 50. Ninety minutes for fifty scored items is 108 seconds an item.

Now the disagreement, which we print rather than resolve. The two Pearson VUE documents do not agree on how many unscored pretest items ride along:

• Content outline #093801: "Both examinations also contain five to ten (5-10) pretest items."
• Candidate handbook #093800, score table: the OK Broker State form is "50 items plus 10 pretest."

The handbook elsewhere tells candidates that "the number of pretest questions are listed in the content outline heading of each examination" — pointing you at the document whose figure its own table contradicts. We are not going to pick a side between two documents from the same publisher. Neither figure is scored, so nothing you must know changes. One practical thing does change: budget for the larger number — assume up to sixty items in ninety minutes, and you will never be behind the clock.

Two of the six areas are broker only — 28 percent of the exam

#	Area	Broker items	Share	Salesperson
I	Laws and Rules Affecting Oklahoma Real Estate Practice	15	30%	20
II	Oklahoma Broker Relationships Act	8	16%	8
III	Property Management	8	16%	6
IV	Disclosures and Hazards	5	10%	6
V	Trust Accounts and Trust Funds (BROKER ONLY)	6	12%	none
VI	Broker Management (BROKER ONLY)	8	16%	none

The outline prints Areas V and VI as "(BROKER ONLY 6)" and "(BROKER ONLY 8)" — fourteen of fifty items, twenty-eight percent of the Oklahoma state portion, with no salesperson column at all.

Say plainly what follows. A question bank or study guide built for the Oklahoma salesperson exam cannot serve the broker exam for over a quarter of it. A candidate revising from a salesperson book has not skimmed trust-account registration, commingling, audits, escrow-dispute procedure, broker supervision, place of business, trade names, cessation of business, death or disability of a broker, or the antitrust line on commissions — that candidate has never encountered any of it. This chapter gives Areas V and VI their full 28 percent and sizes every other section to its share. And note one more marking: subtopic I.C, Broker License Requirements, is itself flagged "(Broker Only)", so the broker-only material reaches into the largest area on the form as well.

What the vendor does not publish

Pearson VUE publishes no statute or regulation reference list for the Oklahoma state portion. Publications #093801 and #093800 carry only a "General/National Resources" list of nine commercial textbooks, followed by "Pearson VUE does not endorse any particular course provider or study materials." On the state section the handbook says only that it "has been developed to reflect the laws, regulations, and practice of real estate in Oklahoma, and has been reviewed and approved by the Commission." No Oklahoma statute and no Commission rule is cited anywhere in either document.

We record that absence rather than manufacture a vendor list. Every citation in this chapter — every 59 O.S., 41 O.S., 60 O.S., 15 O.S. and OAC 605 reference — is ours, read out of the Oklahoma Statutes and the OREC Code and Rules book effective November 1, 2025. Do not represent any of them as the vendor's. The upside is that there is no stale vendor citation to trip over; the downside is that the lettered subtopics are all you are given, and you must find the law behind each yourself.

Area I — Laws and Rules Affecting Oklahoma Real Estate Practice (15 items, 30%)

The largest block, and the one with the most surface area: eighteen lettered subtopics, A through R, over fifteen items. The exam samples broadly and shallowly here, so be rule-first. Sources: the Oklahoma Real Estate License Code, 59 O.S. §§ 858-101 et seq., and OAC Title 605, Chapters 1 and 10.

A. Authority of the Real Estate Commission

§ 858-201(A) re-creates a seven-member Commission and makes it "the sole governmental entity, state, county or municipal, which shall have the authority to regulate and issue real estate licenses in the State of Oklahoma." Five members must be licensed brokers with at least five years' active experience; one is a lay person; one represents an approved Oklahoma school of real estate. § 858-208 lists nineteen powers, including discipline by reprimand, probation, additional education, suspension, revocation, administrative fine under § 858-402, or any combination; § 858-209 binds the Commission to the Administrative Procedures Act.

Learn the fine structure. § 858-402(A)(1): a fine on a licensee is not less than $100 and not more than $2,000 for each violation, and may not "exceed Five Thousand Dollars ($5,000.00) for all violations resulting from a single incident or transaction." Unpaid after thirty days it doubles; unpaid after a further thirty, the license is automatically revoked.

B. Acts of the Associates

OAC 605:10-11-1(a): "All acts performed by an associate under the provisions of the Real Estate License Code shall be done only in the name of the associate's broker." An associate may not work for two brokers at once, except where the associate's own broker agrees to loan the associate to another broker for a specific duty — an open house, an auction, or any duty approved by the Commission — and the loaning broker stays responsible. Two causes live here: taking compensation from anyone but one's own broker (§ 858-312(4)) and representing another broker without that broker's express knowledge and consent ((5)).

C. Broker License Requirements — the outline marks this "(Broker Only)"

§ 858-303 carries two routes, and prep material routinely teaches only the first.

Route one, § 858-303(A) — general applicant: two years' active licensure within the previous five; ninety (90) clock hours of advanced instruction plus the Broker in Charge course; documentation verifying ten real estate transactions within the past five years; and an examination. The education expires three years from the school's certification.

Route two, § 858-303(D) — an applicant already holding a broker associate license: two years' active licensure within five, the Broker in Charge course, and the same ten transactions. No ninety hours and no further examination — subsection (F) issues on approval and payment and, unlike (C), never mentions passing an examination. A guide printing a single broker path has flattened a real distinction.

D. Associate License Requirements

§ 858-302: ninety clock hours of basic instruction plus an examination produce a provisional sales associate license, running twelve months, non-renewable unless the licensee completes forty-five clock hours of post-license education (605:10-3-7). § 858-303A: a broker associate needs two years' active licensure within five, ninety advanced clock hours, and an examination. The ladder is provisional sales associate, sales associate, broker associate, broker. That is also subtopic M: ninety basic, forty-five post-license, ninety advanced, plus the fifteen-hour Broker in Charge course, all of it good for three years from the school's certification.

E. Advertising Regulations (including internet, social networking)

605:10-9-4(a)(1): a broker must advertise under "their registered business trade name or the name under which the broker is licensed," and the ad "must indicate that the party is a real estate broker and not a private party, to include, but not limited to, 'agency', 'company', 'realty', or 'real estate'." Yard signs must also show the broker's office telephone number. (a)(2): "No real estate advertisement shall show only a post office box number, telephone number or street address."

Associate advertising, (b)(1)–(3): an associate may not advertise under only the associate's name, all such advertising is under the broker's direct supervision, and "the broker's reference shall be at least fifty percent (50%) or larger than any associate reference included in the advertisement" — subsection (c) applying the same test to teams. (a)(7): a licensee using social networking must indicate license status and include the broker's reference. (a)(6): no property is advertised without the owner's permission, and that permission must carry "a definite date of expiration." (a)(3): a franchise name must appear with the broker's own name and may not be the complete trade name.

F. Contract Law and Statute of Frauds

15 O.S. § 136 invalidates certain contracts unless in writing "and subscribed by the party to be charged, by an agent of the party or by a broker of the party pursuant to Sections 858-351 through 858-363 of Title 59." Paragraph 4 reaches "an agreement for the leasing for a longer period than one (1) year, or for the sale of real property, or of an interest therein," and adds that where made by an agent or broker it is invalid unless the agent's or broker's authority is itself in writing. The broker clause was added by Laws 2013, c. 240 — the hinge tying Oklahoma's statute of frauds to the Broker Relationships Act rather than to common-law agency.

G. Disclosure of Licensed Status

605:10-9-4(d)(1): where a licensee, active or inactive, is buying or owns property being sold, exchanged, rented or leased, "the licensee is required to disclose in writing on all documents that pertain to the transaction and in all advertisements that he or she is licensed. On all purchase or lease contracts the licensee is to include their license number." A licensee acting under a power of attorney owes the same. The carve-out, (d)(2): a licensee not acting as a licensee but dealing as a direct employee of the owner or an officer of an entity need not say so. § 858-312(20) makes advertising without disclosing licensed status a cause in itself.

H. License Maintenance Requirements

§ 858-307.1: every license issues for thirty-six (36) months, except the provisional sales associate license at twelve (12) months; expiration is the end of the twelfth or thirty-sixth month including the month of issuance, and a license not renewed by then lapses. § 858-309 provides inactive status; continuing education does not run while inactive but must be made up before activation.

I. Complaint Process

605:10-17-2(b): on a complaint being opened, the licensee "shall be required to file an adequate written response within fifteen (15) days of the notice," and if none is filed "the respondent shall be considered in default and appropriate sanctions may be imposed." The Secretary-Treasurer may extend on request; § 858-312(26) makes the failure a disciplinary cause. Where the respondent is an associate, the associated broker is notified in like manner.

J. Duty to Account

Taught at length in Area V. § 858-312(6) makes it a cause to fail "within a reasonable time, to account for or to remit any monies, documents, or other property coming into possession of the licensee which belong to others."

K. License Transfer and Inactive Status

605:10-11-2(a): a change of association "must be filed in the Commission office within ten (10) days," the new broker must consent to sponsor, and the fee is forty dollars. Subsection (b) is the tested one: where a broker refuses for any reason to release an associate, the associate notifies broker and Commission in writing, and "the Commission will provide one (1) additional email notice to the broker and shall release the licensee within three (3) business days." No court order, no hearing, no thirty-day hold.

L. OREC Notification Requirements

Learn these as clocks. Ten days: change of business address, office telephone number or home address (605:10-9-5), and change of association (605:10-11-2). Thirty days: § 858-301.2 requires written notice of conviction of, or plea of guilty or nolo contendere to, any felony "within thirty (30) days after the plea is taken and also within thirty (30) days of the entering of an order of judgment and sentencing" — two notices, not one. Trust, escrow, security deposit, rental management operating and interest-bearing accounts holding trust funds are all registered in writing, and closures reported (605:10-13-1(e)).

N. License Renewal Requirements

§ 858-307.2 conditions renewal on continuing education completed within the thirty-six months immediately preceding the term, and 605:10-3-6(k) sets thirty (30) clock hours. A general licensee takes thirteen required hours — six Contracts and Forms, three Professional Conduct, one each in Broker Relationships Act, Fair Housing, Code and Rules, and Hot Topics — plus seventeen elective. The broker mix is different and is the tested fact: (k)(4) requires the fifteen-hour Broker in Charge course, at least six hours of Contracts and Forms, and nine elective hours. Nonresidents satisfying another state's requirement are exempt, as are provisional sales associates.

O. Causes for Suspension or Revocation of License

§ 858-312 lists twenty-eight causes. Learn the shape, not the list: false statements and misrepresentation; associate-broker discipline; money; advertising and consent; Broker Relationships Act and disclosure failures; appraisal; a fair housing conviction; competence; and process failures. Two deserve their own line. Paragraph 16 — commingling — is the Area V hinge, quoted there. Paragraph 24 bars "placing or causing to be placed upon the public records of any county any contract, assignment, affidavit, or other writing, which purports to affect title of or encumber any real property for the purpose of collection of a commission," expressly preserving the right to record a judgment. Oklahoma has no statutory broker's lien: a broker who clouds title to secure a commission commits a disciplinary offense rather than perfecting a security interest.

P. Prohibited Dealings

§ 858-312(10) — guaranteeing future resale profits. (12) — prizes or gifts as an inducement to buy a specific property, though marketing giveaways not contingent on an offer are allowed. (22) — "offering, loaning, paying, or making to appear to have been paid, a down payment or earnest money deposit for a purchaser or seller." 605:10-15-1 requires written disclosure to all parties on both sides before a licensee takes any referral fee, rebate or kickback, or where the licensee holds a beneficial interest in a provider.

Q. Unlicensed Activity

§ 858-401(A): an unlicensed person who willingly, knowingly or negligently violates the Code commits a misdemeanor punishable by a fine of up to five thousand dollars, six months in the county jail, or both. (B)(1): after notice and hearing the Commission may "impose a fine of not more than Five Thousand Dollars ($5,000.00) or the amount of the commission or commissions earned, whichever is greater, for each violation." The ceiling is per violation and floats to whichever figure is larger. § 858-311 adds the civil consequence: no action for compensation for real estate services may be maintained "without alleging and proving that such person… was licensed when the alleged cause of action arose."

R. Unlicensed Assistants

Two rules that operate together. 605:10-9-1(g): "A broker is responsible for all real estate related activities of any unlicensed assistant working within the firm." 605:10-11-1(c): "An associate who employs an unlicensed assistant is responsible in conjunction with the broker." Responsibility is joint, not alternative: the associate does not absorb it away from the broker, and the broker does not absorb it away from the associate.

The Education and Recovery Fund, which the subtopic list does not name

§§ 858-601 through 858-605 create the Oklahoma Real Estate Education and Recovery Fund, and most Oklahoma prep material omits it. § 858-603 conditions recovery on a district court action on a cause accruing not more than two years before filing, a final judgment, and enforcement that proved insufficient. § 858-604: a claimant recovers the unsatisfied compensatory portion or twenty-five thousand dollars, whichever is less, subject to aggregate caps of fifty thousand dollars per transaction "irrespective of the number of claimants or parcels" and fifty thousand against any one licensee. Payment on a judgment against a licensee automatically revokes that license, not reinstatable until repaid "plus interest at the rate of seven percent (7%) a year."