Oregon Real Estate National Test | Questions with 100% Correct Answers | Verified | Latest Update 2024

Promissory note for earnest money to be made payable at? - Sellers Acceptance. Do social networking sites have to be supervised by the principal broker- - yes social networking sites are advertising and must be supervised and approved by principal broker. .Which of the following doesn't require a real estate license? - An auctioneer who is auctioning homes must have restate license or someone or deals with short term vacation rentals business license only - real estate license not required. Which of the following needs to be disclosed to a potential buyer? - a rehabilitation house for registered sex offenders no or a house used for the cooking of methamphetamines.yes must be disclosed What should you do if you get a listing for a house that has a septic tank on it? - must be disclosed. How many days does a principal broker have to provide the name and account number of the bank after opening a trust account? - 10 business days. What is the age a person has to be to get a reverse mortgage? - 62 years old and if married both persons must be at least 62.