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Oregon Real Estate Exam Practice - Instructor Questions, Oregon Real Estate Exam (Psi) Questions And Answers 100% Correct!!! $10.99   Add to cart
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Oregon Real Estate Exam Practice - Instructor Questions, Oregon Real Estate Exam (Psi) Questions And Answers 100% Correct!!!
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  • Oregon Real Estate
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  • Oregon Real Estate

Oregon Real Estate Exam Practice - Instructor Questions, Oregon Real Estate Exam (Psi) Questions And Answers 100% Correct!!!

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Document information

  • June 5, 2024
  • 15
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • oregon real estate exam practice instructor ques
  • do social networking sites have to be supervised b
  • does an acutioneer or a short term vacation rental
  • which of the following needs to be disclosed to

Written for

  • Oregon Real Estate
  • Oregon Real Estate

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Oregon Real Estate Exam Practice -
Instructor Questions, Oregon Real
Estate Exam (Psi) Questions And
Answers 100% Correct!!!
Do social networking sites have to be supervised by the principal broker? -
ANSWER✔✔ Yes, social networking sites and advertising


Does an acutioneer or a short term vacation rental need a real estate liscence? -
ANSWER✔✔ An auctioneer who is auctioning homes must have license -
someone who deals with short term vacation rentals needs business license only -
real estate license not required.


Which of the following needs to be disclosed to a potential buyer? - ANSWER✔✔
a house used for the cooking of meth.<yes must be disclosed


What should you do if you get a listing for a house that has a septic tank on it? -
ANSWER✔✔ it must be disclosed.


How many days does a principal broker have to provide the name and account
number of the bank after opening a trust account? - ANSWER✔✔ 10 business
days.


What is the age a person has to be to get a reverse mortgage? - ANSWER✔✔ 62
years old and if married both persons must be at least 62.


How much equity does a person have to have in their house to get a reverse
mortgage? - ANSWER✔✔ They must meet the equity requirements of HUD.

, Who gets paid in a reverse mortgage? - ANSWER✔✔ The lender pays the
homeowner.


Do you have to notify the REA of an address change in 10 days ? - ANSWER✔✔
Each active, inactive and expired real estate licensee must maintain on file with
the Agency a current mailing address and email address and notify the Agency
within 10 calendar days of a change to a mailing or email address.


A registered business name can be submitted by - ANSWER✔✔ PRINCIPAL
BROKER


If you view a home to be listed for a seller and realize you want to purchase it
when you arrive you should? - ANSWER✔✔ price the home by doing a CMA ,
list it and offer it to willing buyers


If a principal broker is managing their personal rental property, funds collected
from rentals must be: - ANSWER✔✔ DEPOSITED IN PERSONAL BANK ACCOUNT


A commission can be paid from a principal broker to - ANSWER✔✔ A REAL
ESTATE AGENT NO LONGER EMPLOYED WITH THE PRINCIPAL BROKER THAT
EARNED THE COMMISSION BEFORE THEIR LICENSE WAS TRANSFERRED


An internet listing of a home must include - ANSWER✔✔ THAT THE LISTING
AGENT IS LICENSED IN THE STATE OF OREGON

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