PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test. Use flashcards and multiple choice questions with hints and explanations. Excel on your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following is a primary responsibility of the Oklahoma Real Estate Commission?

Issuing real estate licenses.
Tax collection for real estate transactions.
Setting property values.
Enforcing local zoning laws.

The correct answer is: Issuing real estate licenses.

The primary responsibility of the Oklahoma Real Estate Commission is to issue real estate licenses. This function is critical to regulating the real estate profession within the state, ensuring that individuals who are engaged in real estate activities are properly qualified and adhere to established standards of practice. The issuance of licenses helps maintain professionalism and protects consumers in their real estate transactions. The commission's role also involves overseeing continuing education requirements for license holders, handling disciplinary actions against licensees, and ensuring compliance with real estate laws and regulations. This foundational responsibility is essential to fostering a stable and trustworthy real estate market in Oklahoma.