Okla. Stat. tit. 42, § 42-202: Definitions
Where this section sits in the code
- OK Code
- Title 42
As used in this act:
1. “Commercial real estate” means any real estate other than:
a. real estate containing one to four residential units,
or
b. real estate on which no buildings or structures are
located and which is zoned for single-family
residential use.
Commercial real estate shall not include single-family
residential units such as condominiums, town houses, or homes in a
subdivision when sold, leased, or otherwise conveyed on a unit-by-
unit basis, even though these units may be a part of a larger
building or parcel of real estate containing more than four
residential units;
2. “Commission” means any and all compensation which may be due
a broker for performance of licensed services; and
3. “Real estate broker” shall be defined pursuant to Section
858-102 of Title 59 of the Oklahoma Statutes.
Collected 2026-09-14T18:32:36Z. Source file · JSON