Failure to Obtain a License
Performing licensable activity as an unlicensed person is a violation of the Oklahoma Real Estate Commission Code and Rules.
To confirm whether an individual or entity is licensed, you may perform a search on our Public Registry here.
Failure to Keep Parties Informed
A licensee is required under the Broker Relationship Act to keep parties informed during a real estate transaction.
Improper or Dishonest Conduct
It is a violation for a licensee to engage in conduct that is determined to be untrustworthy, improper, fraudulent or dishonest during a real estate transaction.
Unauthorized Access to Property
It is a violation for a licensee to list or allow access to a parties' property without their consent.
Failure to Disclose Licensure Status, Beneficial Interests, and Familial Interests
It is a violation for a licensee to fail to disclose (in writing) a beneficial / familial interest if they receive compensation or other consideration in connection with a recommendation or referral of any product or service during a real estate transaction.
It is a violation for a licensee to fail to disclose their status as a licensee while acting as a buyer or seller in a real estate transaction.
Failure to Disclose Known Defects
In many cases, only the seller is aware of a known defect or issue involving their property. It is the responsibility of the seller to properly fill out their Residential Property Condition Disclosure form properly and truthfully.
If you only have evidence or knowledge that the seller failed to disclose a known defect involving the property, that is a civil matter that must be addressed through the courts or with the assistance of a private attorney.
If you are aware or have evidence the licensee had knowledge of a defect that was not properly disclosed, that may be a violation of the Oklahoma Real Estate Commission Code and Rules.
It is a violation for a licensee to fail to mishandle or fail to account for the monies of others.
Advertising Issues
For advertising compliance issues - we first recommend contacting the Managing Broker of the brokerage. You may find the Managing Broker's or brokerage's contact information by searching our Public Registry here.
Most advertising compliance issues can be resolved by simply addressing the issue with the brokerage directly and without the Commission's involvement.