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OLERE Oklahoma Legal and Ethical Responsibilities VIP Certification Exam
OLERE — The OLERE (Oklahoma Legal and Ethical Responsibilities Exam) is a state-specific component of the Oklahoma real estate licensing examination administered by PSI on behalf of the Oklahoma Real Estate Commission (OREC), testing knowledge of Oklahoma license law (Title 59, Oklahoma Statutes), agency duties, fair housing compliance, ethical responsibilities, and trust fund management required of all Oklahoma real estate licensees.
56
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 56👑 VIP
A salesperson working under a sponsoring broker receives a $15,000 earnest money check from a buyer on a Friday afternoon. The buyer asks the salesperson to hold the check personally over the weekend. Under Oklahoma license law, what is the broker's obligation regarding this deposit?
Questions 2–56 and full explanations are VIP-exclusive.