Oregon real estate 2023 Study guides, Class notes & Summaries

OREGON REAL ESTATE STUDY QUESTIONS 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ 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 the broker sign the contract later. - CORRECT ANS 1. Write ads and submit them to the newspaper and online....

OREGON REAL ESTATE QUIZ 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ When an easement appurtenant exists between two parcels of land that are owned by different owners: a. the servient tenement is given the right to cross the land of the dominant tenement. b. the dominant tenement is burdened by the easement. c. the servient tenement can revoke the use of the easement by giving proper notice. d. the dominant tenement is benefited by the easement. - CORRECT ANS d. the do...

How many days notice must The Agency provide before performing a compliance review? - CORRECT ANS 5 days How long can a real estate broker's license be expired before it lapses? - CORRECT ANS 1 year who is not allowed to be an authorized signer on a property management trust account? - CORRECT ANS Property Owner What are the three things required when opening a client trust account? - CORRECT ANS 1. The date the account was opened 2. The acct number 3. A statement auth...

OREGON REAL ESTATE AGENCIES 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ Oregon Real Estate (State) Agency - CORRECT ANSWER The Oregon Real Estate Agency is a state government agency. It licenses real estate brokers, principal brokers and property managers. The Agency administers the laws and rules that apply to people who conduct professional real estate activity in Oregon. Inactive Licenses - CORRECT ANSWER can also mean "on ice" Commissioner - CORRECT ANSWER The Real E...

OREGON FINAL REAL ESTATE TEST (NATIONAL) 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ The purpose of laws that provide for property to escheat to the state or county when a landowner dies with no will and no heirs is to 1. save the cost of a judicial claims process. 2. provide an additional source of revenues to the state or county. 3. prevent property from being ownerless. 4. increase the amount of land available for public use. - CORRECT ANS 3. prevent property from bei...

Oregon Real Estate exam 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ 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 - CORRECT ANSWER Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own...

OREGON REAL ESTATE LICENSE LAW 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ 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 ANS Neither I nor II A person can work as a secretary in a real estate office without obtaining a real estate license. That secretary can legally perform which of the following funct...

OREGON REAL ESTATE LICENSE LAW 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ 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 ANS Neither I nor II A person can work as a secretary in a real estate office without obtaining a real estate license. That secretary can legally perform which of the following funct...

Oregon Real Estate License Law (2022/2023) Already Graded A A branch office registration is necessary to use a: A. model unit, available for sale, in a subdivision for promotion of interest in the development. B. temporary structure for dissemination of information. Neither A nor B A person can work as a secretary in a real estate office without obtaining a real estate license. That secretary can legally perform which of the following functions? Verify the accuracy of listing information supp...