OK Real Estate study materials
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OK Real Estate study plan

OK Real Estate · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Oklahoma Real Estate License Law, Rules and Commission Regulations

  • Map the Oklahoma license law chapter into a one-page outline covering licensing, renewal, CE, and brokerage entity rules

  • List the specific acts that constitute unlicensed practice and the penalties the Commission may impose

  • Diagram the complaint-to-hearing disciplinary flow, naming each stage and the licensee's response deadlines

  • Write 25 original recall questions on license law and score your own answers against the statute text

Your checkpoint

A scored 25-question self-quiz on license law plus a one-page disciplinary-process flowchart, both scoring 80% or better

Week 2

Agency Relationships, Fiduciary Duties and Disclosures

  • Differentiate the agency types recognized in Oklahoma and state which default applies to a brokerage agreement

  • Draft a table of fiduciary duties with one concrete breach example for each duty

  • Trace the required agency disclosure timing from first substantive contact through closing

  • Resolve 20 short scenarios by naming the duty implicated and the correct disclosure action

Your checkpoint

A completed fiduciary-duty breach table and a 20-scenario worksheet with written justifications for each answer

Week 3

Contracts, Contract Law and Required Contract Forms & Oklahoma Real Estate License Law, Rules and Commission Regulations

  • Identify each required contract form and match it to the transaction where it must be used

  • Break down the essential elements and the statute-of-frauds requirements as applied to listing and purchase agreements

  • Analyze contingencies, default, and remedy clauses in a sample purchase contract and flag three negotiable risk points

  • Re-drill week 1 license law items scored below 80%, then re-test those items

Your checkpoint

A completed contract-form matching key of at least 15 forms with a written clause analysis of one sample purchase agreement

Week 4

Real Property Ownership, Rights and Land Use

  • Classify ten ownership scenarios by estate, tenancy, and form of co-ownership

  • Distinguish fixtures, trade fixtures, and personal property using five boundary examples

  • Summarize Oklahoma land use controls, including subdivision, zoning, and the recording system

  • Explain the effect of easements, encroachments, and adverse possession on title and marketability

Your checkpoint

A 10-scenario ownership classification worksheet scored at 80% or better, plus a one-page land-use controls summary

Week 5

Financing, Mortgages and Settlement

  • Compute monthly PITI for three loan scenarios and separate principal, interest, taxes, and insurance

  • Compare conventional, FHA, VA, and USDA programs on down payment, insurance, and eligibility

  • Sequence the settlement process and identify which disclosures are due at which stage

  • Interpret a sample Closing Disclosure and reconcile the figures against the loan estimate

Your checkpoint

A three-scenario PITI worksheet with correct figures and a labeled sample Closing Disclosure annotated by disclosure deadline

Week 6

Valuation, Market Analysis and Pricing

  • Apply the sales comparison approach to a subject property using at least four adjusted comparables

  • Compute gross rent multiplier and a simple cost-approach reproduction value for practice properties

  • Distinguish market value from price and explain the appraisal independence rules a licensee must respect

  • Build a pricing recommendation narrative for one property, citing three market indicators

Your checkpoint

A completed comparable-adjustment grid with a written pricing recommendation and reconciled value range

Week 7

Real Estate Practice, Advertising, Trust Accounts and Fair Housing

  • Reconcile a practice trust ledger and identify commingling and conversion violations in three worked examples

  • Audit five sample advertisements against fair housing and advertising rules and rewrite each violation

  • List the protected classes under federal and Oklahoma fair housing law and apply them to housing and lending scenarios

  • Outline the recordkeeping and retention duties tied to transaction files and trust accounts

Your checkpoint

A reconciled practice trust ledger with a written three-example violation analysis, plus five corrected advertisements

Week 8

Oklahoma Real Estate License Law, Rules and Commission Regulations & Agency Relationships, Fiduciary Duties and Disclosures & Contracts, Contract Law and Required Contract Forms & Real Property Ownership, Rights and Land Use & Financing, Mortgages and Settlement & Valuation, Market Analysis and Pricing & Real Estate Practice, Advertising, Trust Accounts and Fair Housing

  • Take two full-length timed practice exams and log every miss by domain and by error type

  • Re-study the three weakest sub-topics identified by the error log

  • Recite from memory the fiduciary duties, required disclosure timings, and trust account prohibitions

  • Simulate exam-day pacing and confirm you finish the timed section with time remaining

Your checkpoint

An error log from two full-length exams showing a second-attempt score at or above 80% in every domain

Milestones

Week 2: Can state all fiduciary duties and the agency disclosure timing without notes, and score 80%+ on the license law self-quiz

Week 4: Complete the mid-plan checkpoint: correct ownership classifications for 8 of 10 scenarios and locate any contract form by transaction type in under one minute

Week 6: Produce an accurate PITI calculation and an adjusted comparable grid unaided, each within 15 minutes

Week 8: Score at or above 80% in every domain on the second full-length practice exam and finish within the time limit