For those of you who have a real estate license in Oklahoma, new Commission rules went into effect November 1, 2019. 1. Real estate sales license pass rate New real estate license applicants can now pass the state examination at 70% or better rather than the previous requirement of 75%. 2. Broker’s reference in associate […]
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Just this week, in Oklahoma, I became aware of a fraudulent request to wire closing funds. The following transpired: The title company emailed the real estate agent the settlement statement for review. The real estate agent downloaded the document and emailed the statement to the buyer along with information and questions about the final walk through. The next […]
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www.BAAHS.com is an Oklahoma licensed real estate school that offers quality pre-license education for persons wanting to obtain an Oklahoma real estate license and provides post-license and continuing education for real estate licensees who are required to take education for up-coming license renewals. Our courses are available on-line and we provide you a certified distance education […]
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The Real Estate Settlement Procedures Act (RESPA) and the Truth In Lending Act (TILA) has been amended with an effective date of August 1, 2015. These changes establish new disclosure requirements and forms for most closed-end consumer credit transactions that are secured by real property. Closed-end credit refers to credit that is to be repaid in […]
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