Oklahoma § 42-202 - Definitions
Full text of Oklahoma Oklahoma Statutes § 42-202 — Definitions, with citation guidance and answers to common questions.
§ 42-202. Definitions
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-byunit 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.
Added by Laws 2006, c. 166, § 2, eff. Nov. 1, 2006.
Frequently Asked Questions About Oklahoma § 42-202
What does Oklahoma Statutes § 42-202 cover?
Section 42-202 ("Definitions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 42-202?
A common citation format is "Oklahoma Statutes § 42-202" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 42-202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.