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Oregon Real Estate BUNDLED Exams 2023 with 100% correct answers
Oregon Real Estate Exam 2023 with 100% correct answers Oregon Real Estate License Law exam 2023 with 100% correct answers
[Show more]Oregon Real Estate Exam 2023 with 100% correct answers Oregon Real Estate License Law exam 2023 with 100% correct answers
[Show more]Earnest money can be in the form of - correct answer -cash or check and/or promissory note 
 
Real estate sales commissions are usually paid by the - correct answer -seller 
 
Open spaces with half cubicles are often referred to as a - correct answer -bull pens 
 
An escrow agent acts as a ____ part...
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Add to cartEarnest money can be in the form of - correct answer -cash or check and/or promissory note 
 
Real estate sales commissions are usually paid by the - correct answer -seller 
 
Open spaces with half cubicles are often referred to as a - correct answer -bull pens 
 
An escrow agent acts as a ____ part...
An unlicensed personal assistant working for a licensed broker may do which of the following activities? 
 
1. Write ads and submit them to the newspaper and online. 
 
2. Host open houses. 
 
3. Email brokers weekly updates to the broker's clients. 
 
4. Write up an offer for a buyer and then have...
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Add to cartAn unlicensed personal assistant working for a licensed broker may do which of the following activities? 
 
1. Write ads and submit them to the newspaper and online. 
 
2. Host open houses. 
 
3. Email brokers weekly updates to the broker's clients. 
 
4. Write up an offer for a buyer and then have...
Oregon Real Estate Prelicense Practice Final Exam - correct answer -Oregon Real Estate Prelicense Practice Final Exam 
 
A few days after an owner signed a listing agreement he told the broker that he would not sell to anyone who was single or divorced. Under Oregon law, which of the following state...
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Add to cartOregon Real Estate Prelicense Practice Final Exam - correct answer -Oregon Real Estate Prelicense Practice Final Exam 
 
A few days after an owner signed a listing agreement he told the broker that he would not sell to anyone who was single or divorced. Under Oregon law, which of the following state...
Promissory note for earnest money to be made payable at? - correct answer -Sellers Acceptance. 
 
Do social networking sites have to be supervised by the principal broker- - correct answer -yes social networking sites are advertising and must be supervised and approved by principal broker. 
 
.Which...
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Add to cartPromissory note for earnest money to be made payable at? - correct answer -Sellers Acceptance. 
 
Do social networking sites have to be supervised by the principal broker- - correct answer -yes social networking sites are advertising and must be supervised and approved by principal broker. 
 
.Which...
A branch office registration is necessary to use: 
 
1. a model unit, available for sale, in a subdivision for promotion of interest in the development. 
11. temporary structure for dissemination of information. - correct answer -Neither I nor 11 
 
A person can work as a secretary in a real estate ...
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Add to cartA branch office registration is necessary to use: 
 
1. a model unit, available for sale, in a subdivision for promotion of interest in the development. 
11. temporary structure for dissemination of information. - correct answer -Neither I nor 11 
 
A person can work as a secretary in a real estate ...
A branch office registration is necessary to use a: 
I. Model unit, available for sale, in a subdivision for promotion of interest in the development. 
II. Temporary structure for dissemination of information. - correct answer -Neither I nor II 
 
A person can work as a secretary in a real estate o...
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Add to cartA branch office registration is necessary to use a: 
I. Model unit, available for sale, in a subdivision for promotion of interest in the development. 
II. Temporary structure for dissemination of information. - correct answer -Neither I nor II 
 
A person can work as a secretary in a real estate o...
Do you need a real estate license to sell a mobile home on a rented space? - correct answer -No! 
 
Does the real estate agent with a lapsed license need to have an active license when lease-optioning personally-owned real estate? - correct answer -No - but they must do all other duties as if they W...
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Add to cartDo you need a real estate license to sell a mobile home on a rented space? - correct answer -No! 
 
Does the real estate agent with a lapsed license need to have an active license when lease-optioning personally-owned real estate? - correct answer -No - but they must do all other duties as if they W...
A branch office registration is necessary to use a 
model unit, available for sale, in a subdivision for promotion of interest in the development. 
temporary structure for dissemination of information. 
I only 
II only 
Both I and II 
Neither I nor II - correct answerNeither I nor II 
 
Which of th...
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Add to cartA branch office registration is necessary to use a 
model unit, available for sale, in a subdivision for promotion of interest in the development. 
temporary structure for dissemination of information. 
I only 
II only 
Both I and II 
Neither I nor II - correct answerNeither I nor II 
 
Which of th...
An example of novation is that the - correct answer -seller's liability for the obligation is replaced by the buyer's. 
 
Under Oregon law in a month-to-month tenancy, the landlord has a right to - correct answer -terminate a tenant's occupancy after 30 days' written notice. 
 
To realize the ma...
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Add to cartAn example of novation is that the - correct answer -seller's liability for the obligation is replaced by the buyer's. 
 
Under Oregon law in a month-to-month tenancy, the landlord has a right to - correct answer -terminate a tenant's occupancy after 30 days' written notice. 
 
To realize the ma...
Can a NON-licensed individual who is an employee of a licensed real estate property manager do any of the following items, even if the property manager signs a paper delegating their authority to a non-licensed office staff person? - 
1. Negotiate rental of lease agreements? 
2. Check tenant and cre...
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Add to cartCan a NON-licensed individual who is an employee of a licensed real estate property manager do any of the following items, even if the property manager signs a paper delegating their authority to a non-licensed office staff person? - 
1. Negotiate rental of lease agreements? 
2. Check tenant and cre...
The buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - correct answer -give the buyer the website address so the buyer can look up that information 
 
A developer intends to subdivide a large parcel of land and is in the process of la...
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Add to cartThe buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - correct answer -give the buyer the website address so the buyer can look up that information 
 
A developer intends to subdivide a large parcel of land and is in the process of la...
Do social networking sites have to be supervised by the principal broker? - correct answer -Yes, social networking sites and advertising 
 
Does an acutioneer or a short term vacation rental need a real estate liscence? - correct answer -An auctioneer who is auctioning homes must have license - some...
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Add to cartDo social networking sites have to be supervised by the principal broker? - correct answer -Yes, social networking sites and advertising 
 
Does an acutioneer or a short term vacation rental need a real estate liscence? - correct answer -An auctioneer who is auctioning homes must have license - some...
How many consecutive years of non-use of water does one lose their water rights in Oregon? - correct answer -5 consecutive years, the right is considered forfeited 
 
Who must register the business name? - correct answer -Principal Broker, must register the business name with REA-(Real Estate Agen...
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Add to cartHow many consecutive years of non-use of water does one lose their water rights in Oregon? - correct answer -5 consecutive years, the right is considered forfeited 
 
Who must register the business name? - correct answer -Principal Broker, must register the business name with REA-(Real Estate Agen...
Which of the following is NOT considered "Middle Housing" 
 
A) Cottage Cluster 
B) Townhouses 
C) Large multifamily homes 
D) Condo's - correct answer -Large Multi-family residences 
 
Which of the following documents do not need signatures for both buyer and seller? 
 
A) Final Agency Agreeme...
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Add to cartWhich of the following is NOT considered "Middle Housing" 
 
A) Cottage Cluster 
B) Townhouses 
C) Large multifamily homes 
D) Condo's - correct answer -Large Multi-family residences 
 
Which of the following documents do not need signatures for both buyer and seller? 
 
A) Final Agency Agreeme...
Do social networking sites have to be supervised by the principal broker? - correct answer -Yes, social networking sites and advertising 
 
Does an acutioneer or a short term vacation rental need a real estate liscence? - correct answer -An auctioneer who is auctioning homes must have license - some...
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Add to cartDo social networking sites have to be supervised by the principal broker? - correct answer -Yes, social networking sites and advertising 
 
Does an acutioneer or a short term vacation rental need a real estate liscence? - correct answer -An auctioneer who is auctioning homes must have license - some...
An unlicensed personal assistant to a real estate broker could legally do which of the following? - correct answer -Deliver documents to a buyer. 
 
An Oregon real estate license must be held by a person who performs which of the following acts? - correct answer -1. Take a listing from a real proper...
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Add to cartAn unlicensed personal assistant to a real estate broker could legally do which of the following? - correct answer -Deliver documents to a buyer. 
 
An Oregon real estate license must be held by a person who performs which of the following acts? - correct answer -1. Take a listing from a real proper...
Within how many business days from the date a client's trust account is opened, a licensed real estate property manager or principal real estate broker shall notify the Real Estate Agency that the account has been opened? - correct answer -10 
 
Within how many business days from the date a clients...
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Add to cartWithin how many business days from the date a client's trust account is opened, a licensed real estate property manager or principal real estate broker shall notify the Real Estate Agency that the account has been opened? - correct answer -10 
 
Within how many business days from the date a clients...
Crops could be used as _______________ on a loan? - correct answer -Security 
 
Syndicates may be organized as which of the following: - correct answer -Trust, Joint Venture, and Corporation 
 
MOG rights for real property refer to ________________________________? - correct answer -Mineral, Oil, an...
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Add to cartCrops could be used as _______________ on a loan? - correct answer -Security 
 
Syndicates may be organized as which of the following: - correct answer -Trust, Joint Venture, and Corporation 
 
MOG rights for real property refer to ________________________________? - correct answer -Mineral, Oil, an...
Constructive eviction - correct answer -Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave 
 
Surrender and acceptance - correct answer -Mutual agreement to terminate lease 
 
The residential landlord and tenant act - correc...
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Add to cartConstructive eviction - correct answer -Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave 
 
Surrender and acceptance - correct answer -Mutual agreement to terminate lease 
 
The residential landlord and tenant act - correc...
How many days does a principal broker have to provide the name and account number of the bank after opening a trust account? - correct answer -10 business days 
 
What is the age a person has to be to get a reverse mortgage? - correct answer -62 years old and if married both persons must be at least...
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Add to cartHow many days does a principal broker have to provide the name and account number of the bank after opening a trust account? - correct answer -10 business days 
 
What is the age a person has to be to get a reverse mortgage? - correct answer -62 years old and if married both persons must be at least...
Principal Broker - correct answer -A principal real estate broker is an individual who may or may not be responsible for the professional real estate activity conducted by himself and others working in the same office. 
 
Principal Broker must be - correct answer -18 years of age; background check; ...
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Add to cartPrincipal Broker - correct answer -A principal real estate broker is an individual who may or may not be responsible for the professional real estate activity conducted by himself and others working in the same office. 
 
Principal Broker must be - correct answer -18 years of age; background check; ...
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