Oregon final real estate Study guides, Class notes & Summaries

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...

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 being ownerless. A written agreement in which a purchaser agrees to buy and a seller agrees to sell i...

Oregon Real Estate Exam Prep Questions and Answers 100% Correct Oregon Real Estate Exam Prep Questions and Answers 100% Correct Oregon Real Estate Exam Prep Questions and Answers 100% Correct Which of the following is NOT considered "Middle Housing" A) Cottage Cluster B) Townhouses C) Large multifamily homes D) Condo's - ANSWER-Large Multi-family residences Which of the following documents do not need signatures for both buyer and seller? A) Final Agency Agreement ...

Oregon Real Estate Final Exam Prep Exam Review Questions and answers, graded A+/ verified. An example of novation is that the - -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 - -terminate a tenant's occupancy after 30 days' written notice. To realize the maximum value of a property, a reasonable degree of sociological and economic homogeneity is necessary, but it should not become monotonou...

Oregon Practices Final Exam Review Questions and answers, with rationale. graded A+/ verified. A broker is a person who: a. is employed by another person b. has the authority to act for another person c. has the authority to exercise some discretion while acting for another person d. all of the above - -all of the above Feedback: All of the above comprise the definition of a broker. The correct answer is "d". Question #2: The person who hires or appoints a broker to act on his/her beha...

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 statements are TRUE regarding this situation? I. Discrimination based on marital status is covered by Oregon statutes. II. The broker may retain the listing. I only I and II Neither I nor II II o...

Oregon Real Estate Pre-License Practice Final Exam with Complete SolutionsOregon Real Estate Pre-License Practice Final Exam with Complete SolutionsOregon Real Estate Pre-License Practice Final Exam with Complete SolutionsA few days after an owner signed a listing agreement he told the broke that he would not se to anyone who was single or divorced. Under Oregon Law, which of the following statements are TRUE regarding this situation? I. Discrimination Based On Marital Statues is covered by O...

Oregon Real Estate Prelicense Practice Final Exam - 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 statements are TRUE regarding this situation? I. Discrimination based on marital status is covered by Oregon statutes. II. The broker may retain the listing. I only I and II Neither I nor II II only - I only?? A me...