Oregon real estates - Study guides, Class notes & Summaries

Constructive eviction → 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 → Mutual agreement to terminate lease The residential landlord and tenant act → Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency → Statutory law controlling the rights and duties of clients (princ...

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...

Promissory note for earnest money to be made payable at? - ANSWER Sellers Acceptance. Do social networking sites have to be supervised by the principal broker- - ANSWER yes social networking sites are advertising and must be supervised and approved by principal broker. .Which of the following doesn't require a real estate license? - ANSWER An auctioneer who is auctioning homes must have restate license or someone or deals with short term vacation rentals business license only - real estat...

When does oregon's property tax year begin? - ANSWER-July 1st and ends on june 30th of the next year What lender would be the least likely to approve a short sale? - ANSWER-junior lenders b/c they are in a secondary position when it comes to liens against the property and realize there may not be any money left to pay them after the lender in first position gets paid what is true about the assessed value of oregon real estate - ANSWER-It's the value used to calculate the property tax...

OREGON REAL ESTATE NATIONAL TEST Q&A

A branch office registration is necessary to use a model unit, available for sale, in a subdivision for promotion of interest in the development. temporary structure for dissemination of information. I only II only Both I and II Neither I nor II correct answers Neither I nor II Which of the following categories of licensees, without charging a fee, could legally offer a seller an estimate of the sales price of the seller's property for the purpose of obtaining a listing? Real estate ...

Promissory note for earnest money to be made payable at? - ANSWER-Sellers Acceptance. Do social networking sites have to be supervised by the principal broker- - ANSWER-yes social networking sites are advertising and must be supervised and approved by principal broker. .Which of the following doesn't require a real estate license? - ANSWER-An auctioneer who is auctioning homes must have restate license or someone or deals with short term vacation rentals business license only - real estat...

Promissory note for earnest money to be made payable at? - correct answer -Sellers Acceptance. Do social networking sites have to be supervised by the principal broker- - correct answer -yes social networking sites are advertising and must be supervised and approved by principal broker. .Which of the following doesn't require a real estate license? - correct answer -An auctioneer who is auctioning homes must have restate license or someone or deals with short term vacation rentals busines...

Oregon Real Estate National Practice Test 2024 Questions and Answers