Oregon real estate exam 3 - Study guides, Class notes & Summaries

OREGON REAL ESTATE EXAM (PSI) QUESTIONS & ANSWERS, 100% ACCURATE, VERIFIED. 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 - -6 years, from the date the transaction was accepted, rejected, or withdrawn W...

Oregon Real Estate Prelicense Practice Final Exam - Oregon Real Estate Prelicense Practice Final Exam 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 me...

Oregon Broker Psi Exam 2023 Questions and answers, 100% Accurate. Graded A+ How long must real estate documents be kept? - -6 years, from the date the transaction was accepted, rejected, or withdrawn Who approves advertising? - -Principal broker When should the principal broker review brokers documents? - -7 days of the document's acceptance, rejection or withdrawal. The PB must sign and initial at the time of review How long must you keep attendance and continuing records? - -3 years...

OREGON REAL ESTATE EXAM PREP Questions and answers, 100% Accurate. Verified. Can a NON-licensed individual who is an employee of a licensed real estate property manager do any of the following items, even if the property manager signs a paper delegating their authority to a nonlicensed office staff person? - 1. Negotiate rental of lease agreements? 2. Check tenant and credit references? 3. Physically maintain the real estate? 4. Conduct tenant relations? 5. Collect the rent? 6. Super...

Oregon Real Estate Exam (PSI) Questions with verified answers How many consecutive years of non-use of water does one lose their water rights in Oregon? -Correct Answer-5 consecutive years, the right is considered forfeited Who must register the business name? -Correct Answer-Principal Broker, must register the business name with REA-(Real Estate Agency) under their name. How long must real estate documents be kept? -Correct Answer-6 years, from the date the transaction was accepted, reje...

Real Estate Exam Oregon Questions and Answers 100% Verified An unlicensed personal assistant to a real estate broker could legally do which of the following? Deliver documents to a buyer. An Oregon real estate license must be held by a person who performs which of the following acts? 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 O...

OREGON Real Estate Licensing Exam Questions and Answers 100% Pass 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 following functions? 1. Transmit information from a multipl...

Property Management Exam Questions with Complete Solutions | 100% Correct | Updated 2024 The basic goal of the professional property manager is to 1. maintain the property in as perfect a condition as possible. 2. get the highest possible long-term, net return. 3. obtain tenants who will stay for long periods of time. 4. keep administration costs to a minimum. - Answer ️️ -2. get the highest possible long-term, net return. A property manager working for a property owner owes their cl...

Oregon Law Final Exam 2024 Questions & Answers with complete solution A condition which passes with the title could be created by _______________ I. written agreement. II. deed. 1) I only 2) II only 3) I and II 4) Neither I nor II - 3) I and II A deed to real property has the statement "subject to an easement". The term "subject to" would mean the burdened land is _______________ 1) appurtenant. 2) encumbered. 3) a liability. 4) restricted. - 2) encumbered...