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Real Estate Salesperson Exam — National Portion

Discipline (OK): practice questions

Our Real Estate (National) bank has 6 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Oklahoma

When a broker's license is suspended, what happens to the associates under that broker's supervision?

  1. They work under Commission supervision until it ends
  2. Their licenses are suspended for the same period as the broker's
  3. They keep working under the firm's senior branch broker
  4. They are placed inactive unless they transfer to another broker
Show the answer

D. They are placed inactive unless they transfer to another broker — OAC 605:10-17-6(b)(2).

Question 2 · Oklahoma

What is the most the Commission may fine a licensee for all violations from a single incident or transaction?

  1. Ten thousand dollars
  2. Fifteen thousand dollars
  3. Two thousand dollars
  4. Five thousand dollars
Show the answer

D. Five thousand dollars — 59 O.S. 858-402(A)(1)(b); $100-$2,000 per violation under (a).

Question 3 · Oklahoma

The Commission will hear a licensee's complaint that a broker failed to pay the licensee's earned commission share only if the licensee submits:

  1. A sworn statement from the title company's closing escrow officer
  2. Proof of a written demand sent by certified mail
  3. A court judgment in the licensee's favor against the broker
  4. A copy of the associate's independent contractor agreement
Show the answer

C. A court judgment in the licensee's favor against the broker — OAC 605:10-17-1(c); 59 O.S. 858-312(18).

Question 4 · Oklahoma

Within how many days after written notice of a complaint must an Oklahoma licensee file an adequate written response?

  1. Five business days
  2. Ten days
  3. Fifteen days
  4. Thirty days
Show the answer

C. Fifteen days — 59 O.S. 858-312(26); OAC 605:10-17-2(b).

Question 5 · Oklahoma

A licensee does not pay an administrative fine within 30 days of notice of the order. What happens?

  1. The unpaid fine is charged against the Recovery Fund
  2. Interest accrues at 7% a year until the fine is fully paid
  3. The license is revoked at once and the fine is sent to a collection attorney
  4. The fine doubles, with 30 more days to pay before automatic revocation
Show the answer

D. The fine doubles, with 30 more days to pay before automatic revocation — 59 O.S. 858-402(A)(4).

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