Eligibility For License Flashcards

1
Q

If any applicant is convicted of a felony involving forgery, embezzlement, obtaining money under false pretense, extortion, conspiracy to defraud, fraud or similar offenses, how long does the applicant have to wait before being eligible to get a license?

A

10 years. Any applicant convicted of a felony involving any of those offenses shall not be able to obtain a license within 10 years of the completion of the criminal sentence

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2
Q

What requirements must be met for an application to apply for provisional sales associate license?

A

Must be of good moral character, 18 years of age, and complete 90 clock hours of approved study, or it’s equivalent to apply for provisional sales associate license.

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3
Q

What are the requirements needed to apply to be a broker or broker associate?

A

Must be a licensed realtor for two years before applying for your brokers license. To apply as a broker or broker associate, you must have had 2 of the past 5 years experience and 90 clock hours of advanced study or it’s equivalent.

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4
Q

What must nonresidents do to be eligible for a license?

A

Nonresidents must successfully complete the applicable Oklahoma State portion of the state exam

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5
Q

How long does an applicant have to wait before being eligible to obtain a real estate license after the completion of a criminal sentence?

A

20 years.

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