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

THE CODE, Oregon Real Estate Exam (PSI) Questions and Answers

Oregon Real Estate Exam Questions and Answers (Graded A)Oregon Real Estate Exam Questions and Answers (Graded A)Oregon Real Estate Exam Questions and Answers (Graded A)Oregon Real Estate Exam Questions and Answers (Graded A)Oregon Real Estate Exam Questions and Answers (Graded A) 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-*Compe...

PSI >> THE CODE, Oregon Real Estate Exam (PSI) Questions and Answers Rated A+.

Oregon Real Estate exam 2024 with correct answers

An unlicensed personal assistant working for a licensed broker may do which of the following activities? 1. Write ads and submit them to the newspaper and online. 2. Host open houses. 3. Email brokers weekly updates to the broker's clients. 4. Write up an offer for a buyer and then have the broker sign the contract later. - correct answer -1. Write ads and submit them to the newspaper and online. A principal real estate broker hired a number of part-time employees to show propert...

How many consecutive years of non-use of water does one lose their water rights in Oregon? - ANSWER 5 consecutive years, the right is considered forfeited Who must register the business name? - ANSWER Principal Broker, must register the business name with REA-(Real Estate Agency) under their name. How long must real estate documents be kept? - ANSWER 6 years, from the date the transaction was accepted, rejected, or withdrawn Who approves advertising? - ANSWER The principal broker Whe...

How many days does a principal broker have to provide the name and account number of the bank after opening a trust account? - correct answer -10 business days What is the age a person has to be to get a reverse mortgage? - correct answer -62 years old and if married both persons must be at least 62 What is de-titling a manufactured home? - correct answer -Placing it on a lot permanently thereby changing it from personal property to real property. In so doing, ownership is evidenced by a d...

OREGON REAL ESTATE EXAM

The buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - Answer give the buyer the website address so the buyer can look up that information A developer intends to subdivide a large parcel of land and is in the process of land planning. He has determined the geographic boundaries of the individual lots and how the streets as the development will be signed to give access to each lot, when can he begin to list this property? - An...