Oregon real estate exam 2 - Study guides, Class notes & Summaries

Oregon Real Estate Exam (PSI) Questions with Verified Answers | Latest 2023/2024 How many consecutive years of non-use of water does one lose their water rights in Oregon? ️ 5 consecutive years, the right is considered forfeited Who must register the business name? ️ Principal Broker, must register the business name with REA-(Real Estate Agency) under their name. How long must real estate documents be kept? ️ 6 years, from the date the transaction was accepted, rejected, or withdrawn...

OREGON REAL ESTATE EXAM (PSI) EXAM ACTUAL EXAM QUESTIONS AND ANSWERS VERSIONS A & B AND PRACTICE EXAM UPDATE.

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 answer -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 propert...

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 62 What is de-titling a manufactured home? - correct answer -Placing it on a lot permanently thereby changing it from personal property to real property. In so doing, ownership is evidenced by a d...

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 property owner with the expectation of receiving a commission 2. Charge a consultation fee to a seller for advice on marketing real property Which of the following acts requires an Oregon real estate li...

Oregon Real Estate Exam 2024 Comprehensive Review 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 home...

Oregon Real Estate Exam 2024 Comprehensive Review 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 home...

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, dorms, frats, resident managers homes Law of agency - correct answer -Statutory l...

Oregon Real Estate Exam 2 (Latest 2024) Questions With Complete Grade A+ Answers

Oregon Real Estate exam 2024 with correct answers