OREGON BROKER PSI EXAM 2025
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
An unlicensed personal assistant to an OR broker associated with a principal
broker could legally perform which of the following? - ANSWERS-install signs
and lock boxes on listed properties
QUESTION 2
A principal real estate broker hired a number of part time employees to show
property pass out brochures, quote prices and state terms of the sale of real
property in a development. A real estate broker was on site to fill out all of the
earnest money agreements. The employees did not sign documents. Under these
circumstances - ANSWERS-all employees must be licensed
To advertise real estate you - must be licensed
QUESTION 3
What happens to a PB if a complaint is made against them? - ANSWERS-The
notice will be for review, a commissioner will evaluate all relevant factors
QUESTION 4
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PAGE 1
, OREGON BROKER PSI EXAM 2025
What happens to a broker if they solicit another broker's listing? - ANSWERS-The
real estate agency can revoke the real estate license or reprimand the broker
QUESTION 5
The real estate board can do what to broker except - ANSWERS-make a broker
pay restitution
QUESTION 6
The following documents must be kept for record by the principal broker for a
period of time after the transaction except? - ANSWERS-bills paid to keep the
client trust account open
QUESTION 7
A buyer is purchasing a 40 acre parcel zoned exclusive farm use with a house and
barn; the property currently has a property deferral based upon farm use. What
must the buyer do to continue the tax deferral? - ANSWERS-The buyers must
make sure the seller agrees to transfer the deferral as part of the sale and these
provisions must be included in the sales contract
QUESTION 8
END OF
PAGE 2
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
An unlicensed personal assistant to an OR broker associated with a principal
broker could legally perform which of the following? - ANSWERS-install signs
and lock boxes on listed properties
QUESTION 2
A principal real estate broker hired a number of part time employees to show
property pass out brochures, quote prices and state terms of the sale of real
property in a development. A real estate broker was on site to fill out all of the
earnest money agreements. The employees did not sign documents. Under these
circumstances - ANSWERS-all employees must be licensed
To advertise real estate you - must be licensed
QUESTION 3
What happens to a PB if a complaint is made against them? - ANSWERS-The
notice will be for review, a commissioner will evaluate all relevant factors
QUESTION 4
END OF
PAGE 1
, OREGON BROKER PSI EXAM 2025
What happens to a broker if they solicit another broker's listing? - ANSWERS-The
real estate agency can revoke the real estate license or reprimand the broker
QUESTION 5
The real estate board can do what to broker except - ANSWERS-make a broker
pay restitution
QUESTION 6
The following documents must be kept for record by the principal broker for a
period of time after the transaction except? - ANSWERS-bills paid to keep the
client trust account open
QUESTION 7
A buyer is purchasing a 40 acre parcel zoned exclusive farm use with a house and
barn; the property currently has a property deferral based upon farm use. What
must the buyer do to continue the tax deferral? - ANSWERS-The buyers must
make sure the seller agrees to transfer the deferral as part of the sale and these
provisions must be included in the sales contract
QUESTION 8
END OF
PAGE 2
