§ 858-355.1. Brokerage services to both parties in transaction--Disclosure
Oklahoma Statutes AnnotatedTitle 59. Professions and Occupations
59 Okl.St.Ann. § 858-355.1
§ 858-355.1. Brokerage services to both parties in transaction--Disclosure
C. A broker who is providing brokerage services to one or both parties shall describe and disclose in writing the broker's duties and responsibilities set forth in Section 858-353 of The Oklahoma Real Estate License Code prior to the party or parties signing a contract to sell, purchase, lease, option, or exchange real estate.
E. If a broker intends to provide fewer brokerage services than those required to complete a transaction, the broker shall provide written disclosure to the party for whom the broker is providing brokerage services. Such disclosure shall include a description of those steps in the transaction for which the broker will not provide brokerage services, and also state that the broker assisting the other party in the transaction is not required to provide assistance with these steps in any manner.
Credits
Laws 2012, c. 251, § 3, eff. Nov. 1, 2013; Laws 2013, c. 240, § 4, eff. Nov. 1, 2013.
59 Okl. St. Ann. § 858-355.1, OK ST T. 59 § 858-355.1
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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