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Form 5practice Agreement Oklahoma Gov

Form 5practice Agreement Oklahoma Gov

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new contracts and forms have been released effective January 1st 2024 and in this video we'll cover the key changes that you need to know for your real estate practice and before we dive in a special thank you to the contract forms committee the 11 members of this committee represent the Oklahoma Real Estate Commission the Oklahoma Association of Realtors and the Oklahoma Bar Association and their work throughout the year to enhance and improved contract forms that are provided by the commission is invaluable they have a direct impact on nearly every real estate transaction across the state of Oklahoma so we thank the members of this committee for their service to the public starting with the residential sales contract notable changes include updated language to remove the default trust account option regarding earnest money the part where it said or if left blank the listing broker's trust account on the new form you will always specify the holder of the trust account

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