Bill
Bill > SB1217
OK SB1217
OK SB1217Real estate brokers; prohibiting requirement to enter into certain agreements. Effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
03/30/2026
03/30/2026
Crossed Over
03/25/2026
03/25/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to real estate brokers; prohibiting requirement for broker to enter into certain agreement to show certain real estate; allowing certain brokers to require certain associate to enter into certain agreement prior to certain action; providing for codification; and providing an effective date.
AI Summary
This bill, concerning real estate brokers, aims to prevent situations where a broker is forced to sign a brokerage agreement with a buyer before showing them a property for sale, lease, option, or exchange. However, it allows for an exception: a managing broker or proprietor broker (the main broker in charge) can still require their affiliated brokers or sales associates (branch brokers, broker associates, or sales associates) to have a brokerage agreement in place with a buyer before they show them a property. This new law will be codified in Oklahoma Statutes and will take effect on November 1, 2026.
Committee Categories
Business and Industry
Sponsors (7)
Julie Daniels (R)*,
Mike Osburn (R)*,
Stacy Jo Adams (R),
Chris Banning (R),
David Bullard (R),
Brian Guthrie (R),
Dana Prieto (R),
Last Action
House Commerce & Economic Development Oversight Hearing (15:00:00 4/14/2026 Room 450) (on 04/14/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1217&Session=2600 |
| Fiscal Note/Analysis - House: Engrossed | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/SB1217%20ENGR%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20ENGR/SB/SB1217%20ENGR.PDF |
| Committee Amendment 1 | https://www.oklegislature.gov/cf_pdf/2025-26%20COMMITTEE%20AMENDMENTS/Senate/SB1217%20CA1.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20FLR/SFLR/SB1217%20SFLR.PDF |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1217%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1217%20INT.PDF |
Loading...