Oregon real estate final - Study guides, Class notes & Summaries

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 Real Estate Final Exam Prep questions with verified answers An example of novation is that the -Correct Answer-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 -Correct Answer-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...

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 The person who hires or appoints a broker to act on his/her behalf is a _____________. principal In Oregon, a brokerage must register with the ____________________. Oregon Real Estate Agency Sally and John are licensees at ABC Realty. Who must supervise their day to day activities? the principal broke...

An example of novation is that the - correct answer -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 - correct answer -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 monotonously uniform. In real estate, this concept is called the principl...

Contract - Answer *agreement between two or morew competent parties based upon legal consideration that creates duties and obligations that are legally enforceable. 4 elements required for a contract - Answer *Competent Parties *Legal (or lawful) object or purpose *Agreement between the parties (offer & acceptance) *Consideration Valid Contract - Answer Contains all of the essential elements and is binding and enforceable upon both parties to the contract. Voidable Contract - A...

Oregon Real Estate Final Exam Prep Questions And Answers With Verified Solutions 100% Correct

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 membership camping contract grants a membership that provides a right or license to use the campgrounds...

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...

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 monotonously uniform. In real estate, this concept is called the principle of conformity. Which of the fol...

Oregon Real Estate Final Exam Prep Questions and Answers