Contracts are essential to the success of a real estate transaction, and agents must be able to prepare, identify, and explain how to properly use different contracts in residential sales, leasing, vacant land, and commercial property transactions. This course reviews key elements of the Oklahoma Uniform Contract of Sale of Real Estate Residential Sale form as well as pertinent updates to other existing forms and contracts. The course also reviews the disclosures, disclaimers, and exemptions associated with the Residential Property Condition Disclosure form and the seller's and licensee's responsibilities in providing property disclosures.

Upon completion of the course, you will be able to:

• explain how to properly use the Oklahoma Uniform Contract of Sale of Real Estate Residential Sale
• identify sellers' and licensees' disclosure duties under the Residential Property Condition Disclosure Act
• describe tenants' and owners' duties under the Residential Lease Agreement
• explain each party's duties and responsibilities as set forth in the Residential Property Management and Exclusive Right to Lease Agreement
• identify recent changes to other key contracts and forms used in Oklahoma
  

Oklahoma sales associates, brokers, branch brokers, proprietor brokers, and managing brokers who are renewing their licensees