Oregon real estate exam 1 - Study guides, Class notes & Summaries

PSI Exam Prep Oregon Real Estate Review Questions and answers, graded A+/ verified. A borrower has defaulted on the mortgage. The mortgage contains an acceleration clause. This permits the lender to - -demand immediate payment of the entire note. A broker has brought a ready, willing, and able buyer to a seller. In MOST listing contracts, the broker has earned his commission when - -the seller accepts the offer. A broker lists a property, with a listing contract allowing subagency and du...

AYPO - Oregon Real Estate Broker License Education Review What is a tax allocation district? - ANS A district where property is charged a higher property tax in order to build infrastructure for that area Which of the following is a factor that affects accessibility? a. Continuity Incorrect b. Mobility substitutes c. Air superiority d. Matriculation - ANS Mobility substitutes Predatory loans often have fees that cost more than... - ANS 5% of the total ...

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...

Oregon Real Estate Final Exam Prep 2022-2023 Already Passed 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...

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 Real Estate Exam (PSI) Questions and Answers with Verified Solutions 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 Who approves adver...

PSI Exam Prep Oregon Real Estate Questions and Answers Already Passed How does a creditor who has obtained a judgment get satisfaction against a debtor who will not pay? Writ of execution. A major difference between freehold and nonfreehold estates is that all freehold estates _________. are of indeterminable duration. The economic characteristics of land are Scarcity, location, and durability. At the time of harvest, crops that require annual planting are generally considered to be Personal...

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 ...

Protect Your Clients - A Practical Guide to Cybersecurity (Oregon) Exam 2023 with complete solution Protect Your Clients - A Practical Guide to Cybersecurity (Oregon) Quiz 1: Reasons for Cybersecurity A hacker who can be hired to assist your company with identifying weaknesses in the cybersecurity protections is known as a: A) Grey Hat Hacker. B) White Hat Hacker. C) Hacktivist. D) Black Hat Hacker. B) White Hat Hacker. White hat hackers are hackers who sell their services and skill...

Oregon Real Estate Exam Questions and Answers 100% Pass 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? 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 bee...