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

Principal Broker - correct answer -A principal real estate broker is an individual who may or may not be responsible for the professional real estate activity conducted by himself and others working in the same office. Principal Broker must be - correct answer -18 years of age; background check; educational requirements; real estate license for 3 years; passed brokers exam To become eligible for a principal broker license, a broker must have held an active real estate license for a period ...

Oregon Real Estate Exam 2024 Questions and Answers 100% AccurateOregon Real Estate Exam 2024 Questions and Answers 100% AccurateOregon Real Estate Exam 2024 Questions and Answers 100% Accurate Within how many business days from the date a client's trust account is opened, a licensed real estate property manager or principal real estate broker shall notify the Real Estate Agency that the account has been opened? - ANSWER-10 Within how many business days from the date a clients' trust accoun...

OREGON REAL ESTATE EXAM 2024 Questions with Answers

Within how many business days from the date a client's trust account is opened, a licensed real estate property manager or principal real estate broker shall notify the Real Estate Agency that the account has been opened? - correct answer -10 Within how many business days from the date a clients' trust account is closed or transferred, a licensed real estate property manager or principal real estate broker shall notify the agency that the account has been closed or transferred and shall inc...

Oregon Real Estate exam 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ 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...

Crops could be used as _______________ on a loan? - correct answer -Security Syndicates may be organized as which of the following: - correct answer -Trust, Joint Venture, and Corporation MOG rights for real property refer to ________________________________? - correct answer -Mineral, Oil, and Gas Rights. There are two types of partnerships: - correct answer -General Partnership and Limited Partnership Which of the following would be considered a right of ownership under the bundle ...

Within how many business days from the date a client's trust account is opened, a licensed real estate property manager or principal real estate broker shall notify the Real Estate Agency that the account has been opened? - ANSWER-10 Within how many business days from the date a clients' trust account is closed or transferred, a licensed real estate property manager or principal real estate broker shall notify the agency that the account has been closed or transferred and shall include in t...

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 S...

OREGON Real Estate Licensing Exam Review Questions and answers, graded A+/ verified. All examinable Questions A branch office registration is necessary to use: 1. a model unit, available for sale, in a subdivision for promotion of interest in the development. 11. temporary structure for dissemination of information. - -Neither I nor 11 A person can work as a secretary in a real estate office without obtaining a real estate license. That secretary can legally perform which of the followin...

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...