Oklahoma Contracts and Forms

General Information

• Approved Credit Hours: 6.0 hours
• State: Oklahoma
• Course Availability: 180 days from enrollment

This course is approved by the Oklahoma Real Estate Commission for 6 hours of real estate continuing education credit. This course is not endorsed, recommended, or accredited by the Commission.

​​​​​​​Note: The information presented in the course should not be used as a substitute for competent legal advice.

Course Description

Real estate transactions in Oklahoma are governed by written contracts and standardized forms that establish the terms, conditions, and legal obligations of all parties involved. These documents provide the framework for enforceable agreements and help ensure that transactions are conducted in accordance with state and federal law.

Contracts and forms serve a critical role in reducing misunderstandings, managing risk, and protecting both clients and licensees. Key elements such as property descriptions, purchase price, timelines, disclosures, and contingencies must be clearly defined to support a smooth and compliant transaction. Proper use of standardized forms also promotes consistency and efficiency across real estate practice.

This course examines the structure and use of Oklahoma real estate contracts and forms. The material focuses on fundamental contract principles, required provisions, and the role of conditions and contingencies in protecting the interests of buyers and sellers. It also reviews commonly used forms and recent updates that impact daily real estate transactions.

Course Topics

This course covers the following topics:

• Unit 1: Contract Basics: Core elements of contracts, including legal requirements and principles such as the Statute of Frauds.

• Unit 2: Core Provisions, Conditions, and Contingencies: Key contract terms, including parties, property description, purchase price, and the use of contingencies such as financing and inspections.

• Unit 3: Residential Sales Contract and Updates: Structure and application of the Oklahoma Residential Sales Contract, including recent updates and commonly used forms.

Learning Objectives

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

• Categorize the foundational legal principles of real estate agreements, including the Statute of Frauds, to ensure the baseline enforceability of transactions in Oklahoma.

• Construct legally sound agreements by accurately identifying and detailing core contract provisions, such as party identification, property descriptions, and purchase prices.

• Prioritize client protection by strategically applying contract conditions and contingencies—including financing, inspections, and title reviews—to manage and mitigate transaction risks.

• Critique the impact of specialized clauses, such as "as-is" provisions, warranties, and counteroffers, to thoroughly evaluate property conditions and clarify party obligations.

• Validate the accuracy of modern transactions by mastering the comprehensive structure of the current Oklahoma Residential Sales Contract and adapting to recent standardized form updates.

Instructor & Customer Support

For questions about the course content, please contact the Instructor.

Course Instructor: Elizabeth Tigner
Contact Information: instructor.etigner@onlineed.com
Instructor Availability: Monday-Friday, business hours, excluding holidays
Instructor Policy Response Time: within 1 business day
 
If you have questions about your account or course navigation, please contact the course provider:

OnlineEd
Phone: 1-(503)-670-9278
Email: mail@onlineed.com
Chat and additional options: https://www.onlineed.com/system/pages/contact.php

Completion & Attendance Requirements

Completion Requirements. Continuing education credit is awarded upon successful completion of all required course components. You may exit and return to the course at any time. Your progress will be saved.

Assessments

Each unit will end in a multiple-choice quiz to test your knowledge. Quizzes require a score of at least 70% to proceed to the next unit. You can take quizzes as many times as needed.

This course will end with a final exam that requires a score of at least 75% to receive credit. Exams are graded instantly and can be attempted two times. If the final exam is not passed in two attempts, the student must reenroll and repeat the course. There is no fee for reenrollment. 

Course Completion Survey

Students are encouraged to submit a survey upon completion of the course. This short survey helps us improve the course material and student experience. It is required by most regulatory agencies. Your thoughtful feedback is appreciated.

Certificates & Credit Reporting

Upon successful completion of all course requirements, a certificate of completion will be issued.  You are responsible for maintaining a copy of your certificates of completion and renewing your license with the state regulator. 

OnlineEd will automatically report course completion credits to OREC within 1 business day on the student's behalf. Students don't need to take any additional steps for OnlineEd to initiate the reporting, except to complete the course and receive a completion certificate.

Technology Requirements

Courses may be accessed from a computer, tablet, or mobile device with a stable internet connection.  We recommend the most recent browser versions.  This includes all modern browsers and operating systems including Microsoft Edge, Google Chrome, Mozilla Firefox, Apple Safari, Opera, iPhone / iOS, and Android-based mobile devices, smartphones, and tablets. The course is entirely web-based and does not require any software to be downloaded or installed.  For accurate time tracking and progress recording, access courses in one browser window at a time. 

Course Prerequisites

There are no prerequisites for this course.

Refund & Cancellation Policy

All tuition and fees paid for the course are refundable when: (a) the course of instruction is discontinued by OnlineEd and such discontinuation has prevented a student from completing the course; or (b) the enrollment of the student was procured as a result of any misrepresentation in promotion materials of the school, or representation made by an owner or employee of the school. All refunds will be completed within 30 days after the effective date of enrollment termination. Refunds will not be given to any student after the student has successfully registered in a course or courses, as once registered, student has access to the registered courses. In hardship cases, OnlineEd may issue a refund at its sole discretion. OnlineEd does not issue retroactive partial refunds for courses that are subsequently discounted or put on sale after a student makes a purchase.

Academic Integrity and Identity Verification

Students must complete all coursework independently. OnlineEd prohibits misrepresentation of identity or allowing another individual to complete coursework on your behalf. Failure to comply with academic integrity policies may result in denial of credit.

Student Conduct Policy

Students are expected to show respect, courtesy, and consideration when interacting with school staff and students. Students are expected to conducting themselves in a professional, legal, and cooperative manner that is not disruptive, harassing, intimidating, or dangerous. Deviation from these standards may result in disciplinary action.

Non-Discrimination Policy

OnlineEd does not discriminate for admission on the basis of race, color, religion, sex, sexual orientation, national origin, marital status, age or disability. Any person who feels they have been unlawfully discriminated against may file a complaint with the School Director, either by email (schooldirector@onlineed.com) or by postal mail (ATTN: School Director, 14355 SW Allen Blvd. Suite 240, Portland, OR 97005). If OnlineEd determines that any employee of OnlineEd has engaged in discriminatory activity, such employee shall be disciplined.

Grievance Policy

If a student has a grievance against OnlineEd, its staff or students, the aggrieved student shall contact the School Director by email or mail, stating the nature of the grievance. The School Director shall evaluate the grievance and respond to the student based upon their findings.

Policies on Cheating and Misrepresentation

Cheating on courses that supply completion certificates, designations, or official credit is not tolerated. OnlineEd is not obligated to continue to furnish credit or continued support for students caught cheating on any part of the coursework or testing.
 
Misrepresentation of personal identity is strictly forbidden for all OnlineEd courses. Falsifying personal information, forgery, and misrepresentation may result in immediate suspension. Additional actions by state and federal agencies may include loss or suspension of a license, failure to grant a license, fees, or criminal prosecution.

Publisher

This course is developed and delivered by OnlineEd, LLC.

OnlineEd, LLC
14255 SW Allen Blvd., Suite 240
Portland, OR 97005
(503) 670-9278
https://www.OnlineEd.com/
mail@OnlineEd.com

Mission Statement

To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.