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

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...

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...

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...

REAL ESTATE: PROPERTY MANAGEMENT EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ When a broker or property manager signs a contract to manage an owner's property he becomes a Correct Answer: Fiduciary In establishing a client's trust account, a property manager must do all of the following Correct Answer: -control the receipts and disbursements on the account -use pre-numbered checks for the account -be an authorized signer on the account An owner of...

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 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...

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 ...

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...

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 (PSI) EXAM 1, 2 & STUDY GUIDE TEST BANK