Oregon Real Estate - AYPO - Oregon Real Estate Broker
License Education Review WITH 100% SURE ANSWERS
Terms in this set (431)
A district where property is charged a higher property tax in order to build
What is a tax allocation district?
infrastructure for that area
Which of the following is a factor that Mobility substitutes
affects accessibility?
a. Continuity Incorrect
b. Mobility substitutes
c. Air superiority
d. Matriculation
Predatory loans often have fees that cost 5% of the total amount of a loan.
more than...
Under the veteran loan program, a veteran 60 days
that purchases a property must make the
property his or her primary residence
within ___ days of closing.
A licensee who attempts to purchase Disclose that they are a licensee
property for their personal use must do
which of the following?
a. Hire a separate disinterested broker
b. Purchase only from persons represented
by a seller's broker
c. Pay their standard buyer's broker's
commission to their principal broker
d. Disclose that they are a licensee
Under OAR 863-027-0020: the The act was perpetrated willfully
commissioner cannot issue more than a
reprimand unless the violation committed
by the licensee is a gross violation. Which
of the following cases would not cause a
violation to be considered a gross
violation?
a. The act resulted in significant damage
b. The act exhibited dishonest, but not
fraudulent, conduct
c. The act was perpetrated willfully
d. The act is substantially similar to conduct
that the licensee was reprimanded for
previously
1/13
, When creating a real estate listing the seller.
agreement the principal will be...
Which of the following is NOT something A requirement that lenders provide borrowers with an annual escrow statement
that was added to the The Truth in Lending
Act through an amendment?
a. Prohibitions on the use of mandatory
arbitration
b. A requirement that consumers be
notified if their mortgage loan is sold or
transferred to another entity Incorrect
c. A requirement that lenders provide
borrowers with an annual escrow statement
d. A prohibition on unsolicited credit cards
When beginning a property management Install a daycare
relationship the owner stated that "I want to
help poor single mothers get back on their
feet" when discussing the purpose of
having rentals. Which of the following
actions would be best for you to engage in
as the landlord?
a. Charge a rental rate that is in the top 75%
of the market
b. Install a daycare
c. Advertise the property as "affordable
housing for single mothers"
d. Charging less rent to single mothers
Which of the following situations do not d. The tenant was convicted of possession of 1/2 oz of marijuana
allow the landlord to give the tenant a 24
hour eviction notice?
a. The tenant punched a hole in the roof to
install a skylight
b. The legal tenant has moved out and
there is an illegal sub-tenant living in the
property
c. The tenant has attacked another tenant
d. The tenant was convicted of possession
of 1/2 oz of marijuana
Under OAR 863-015-0125: Which of the The address of the property
following is not required on a real estate
advertisement created by a seller's broker?
Select one:
a. All of these are required Incorrect
b. The broker's name
c. The business name the broker operates
under
d. The address of the property
In regards to a tenancy at sufferance, what The tenancy at sufferance changes to a periodic tenancy
happens if the landlord accepts a rental
payment from a holdover tenant?
2/13
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