Yoder v. State ex rel. Case

SIMMS, Justice:

The single question presented is whether an oral declaration that a law suit would be filed against a licensed real estate broker for alleged violations of the Oklahoma Real Estate License Code is sufficient to put the Oklahoma Real Estate Commission on notice that a claim may be made and relief paid under the Education and Recovery Fund, pursuant to 59 O.S.1981 § 858-601 et seq. There are no disputed facts.

Appellant Yoder and an associate, Stephens, entered into an investment agreement with a licensed real estate broker, Ross Silvey, in which Yoder and Stephens were to provide…