OK State Laws & Rules (Sales Associate)
ARELLO Certified and approved by the Oklahoma Real Estate Commission (OREC) to meet the pre-license requirements for Oklahoma real estate licensees.
This course covers the state specific portion of pre-licensing. You will learn the basic real estate principles, real estate law and the practice of real estate. It includes detailed information as required by the Commission.
This course includes all the state required elements, including an overview of licensing as a real estate broker and salesperson, ethics of practice, titles to and conveyance of real estate, legal descriptions, deeds encumbrances and liens, distinctions between personal and real property, appraisal, finance and regulations, closing procedures, real estate mathematics , and instruction on federal, state, and local laws relating to housing discrimination, housing credit discrimination, and community reinvestment.
The 60 hour Real Estate Principles course is covered in two modules; generic or national content, and Texas specific information. This course is delivered in two distinct modules. They are;
Module #1: General Real Estate Principles
- Course Introduction
- Real Property & Ownership
- Land Use Controls
- Taxation and Title
- Valuation and Appraisal
- Contracts, Agency, Fair Housing
- Financing and Settlement
- Property Management & Other Topics
- Math Review
Module #2: Oklahoma Specific Principles
- The Commission
- Rights and Interests in Real Estate
- Ethical Practice
- Laws and Rules
Students can expect numerous exercises, quizzes, case studies and the course will be completed with a cumulative final exam. All elements presented in the course are required for course completion.