Oregon real estates - Study guides, Class notes & Summaries

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. - 1. Write ads and submit them to the newspaper and online. A principal real estate broker hired a number of part-time employees to show property, pass out brochures, q...

Constructive eviction - 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 - ANSWER Mutual agreement to terminate lease The residential landlord and tenant act - ANSWER Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - ANSWER Statutory law controlling the rights and duties...

When does oregon's property tax year begin? - ANSWER July 1st and ends on june 30th of the next year What lender would be the least likely to approve a short sale? - ANSWER junior lenders b/c they are in a secondary position when it comes to liens against the property and realize there may not be any money left to pay them after the lender in first position gets paid what is true about the assessed value of oregon real estate - ANSWER It's the value used to calculate the property tax...

Promissory note for earnest money to be made payable at? - ANSWER Sellers Acceptance. Do social networking sites have to be supervised by the principal broker- - ANSWER 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? - ANSWER An auctioneer who is auctioning homes must have restate license or someone or deals with short term vacation rentals business license only - real estat...

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 - ANSWER-Neither I nor II Which of the following categories of licensees, without charging a fee, could legally offer a seller an estimate of the sales price of the seller's property for the purpose of obtaining a listing? Real estate broker ...

2024 Oregon Real Estate Exam Practice Test with Answers

Oregon Real Estate Practice Exam Review Questions and answers, graded A+/ verified. An exception to title insurance coverage is - -defects that clearly appear in the title search. A licensee has an agency representation agreement with a buyer. When showing another company's listing, what obligation does the licensee have to the seller and the listing broker at the other company? - -Disclose the agency relationship when arranging the showing and disclose material information about the b...

Constructive eviction - 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 - ANSWER Mutual agreement to terminate lease The residential landlord and tenant act - ANSWER Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - ANSWER Statutory law controlling the rights and duties...

When does oregon's property tax year begin? - ANSWER July 1st and ends on june 30th of the next year What lender would be the least likely to approve a short sale? - ANSWER junior lenders b/c they are in a secondary position when it comes to liens against the property and realize there may not be any money left to pay them after the lender in first position gets paid what is true about the assessed value of oregon real estate - ANSWER It's the value used to calculate the property tax...

Oregon Real Estate National Test Q&A with complete solution 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 of the following doesn't require a real estate license? -Correct Answer-An auctioneer who is auctioning homes must have restate license or so...