OREGON REAL ESTATE LICENSING EXAM QUESTION
g g g g g
BANK | 2025 TEST BANK CURRENTLY TESTING ACCU
g g g g g g g
RATE REAL EXAM QUESTIONS WITH DETAILED VERI
g g g g g g
FIED ANSWERS GRADED A+ | GUARANTEED EXCELL
g g g g g g
ENCE PASS g
Agprincipalgrealgestategbrokergisgresponsiblegtogreviewgandginitialgallgdocumentsgw
rittengbyghisgassociatedgrealgestategbrokersgwithin
1. onegbankinggday.
2. sevengbankinggdaysgfromgthegdategthegdocumentgwasgaccepted,grejectedgor
gwithdrawn.
3. asgsoongasgpracticable.
4. tengdaysgfromgthegdategthegdocumentgwasgaccepted,grejectedgorgwithdrawn.g-
✔✔✔gCorrectgAnswerg>gsevengbankinggdaysgfromgthegdategthegdocumentgwasgacc
epted,grejectedgorgwithdrawn.
Principalgbrokersgmustgsupervisegwhichgofgthegfollowinggactivitiesgofgbrokers?
1. CompletiongofgangExclusivegRightgtogSellgListinggAgreement
2. CompletiongofgagComparativegMarketgAnalysis
3. CompletiongofgagRealgEstategSalegAgreement
4. Allgofgthegaboveg-g✔✔✔gCorrectgAnswerg>gAllgofgthegabove
,Whichgofgthegfollowinggwouldgbegpermissiblegingaglistinggcontract?
1. Agprovisiongthatgprohibitsgthegpropertygfromgbeingglistedgingagmultipleglisting
gservice
11.gAgrequirementgthatgthegsellergnotifygtheglistinggprincipalgbrokergofgthegseller'sgi
ntentiongtogcancelgtheglistinggaftergthegstatedgexpirationgdateg-
g✔✔✔gCorrectgAnswerg>gIgonly
AccordinggtogOregongadministrativegrules,gwhichgofgthegfollowinggstatementsgisgtr
uegregardingglistinggagreements?
1. Ifgtheglistinggisgobtainedgbygagrealgestategbroker,gagcopygofgtheglistinggmustgbe
ggivengtogthegsellergonlygaftergthegprincipalgbrokerghasgreviewedgit.
2. Onlygexclusivegright-to-sellglistingsgneedgtogstategagdefinitegexpirationgdate.
3. Agnonexclusiveglistinggagreementgbelongsgtogthegrealgestategbrokergwho
gobtainedgit.
4. Agcopygofgtheglistinggmustgbeggivengtogthegsellergatgthegtimegtheglistinggisgsigned.
-
g✔✔✔gCorrectgAnswerg>gAgcopygofgtheglistinggmustgbeggivengtogthegsellergatgthegti
megtheglistinggisgsigned.
Agnon-
licensedgpersonalgassistantgtogangOregongbrokergassociatedgwithgagprincipalgrealge
stategbrokergcouldglegallygperformgwhichgofgthegfollowinggactivities?
1. Installgsignsgandglockgboxesgonglistedgproperties
2. Preparegandgsubmitgadvertisinggtogagnewspapergasglonggasgthegbrokergreviewsgit
-g✔✔✔gCorrectgAnswerg>gIgonly
,AngOregongprincipalgrealgestategbrokergwantsgtogplacegagboothgingtheglocalgshoppi
nggmallgtogdisplayginformationgonglistings.gThegboothgwillgbegregularlygstaffedgbygli
censees.gWhichgisgtruegofgthisgsituation?
1. Thegboothgneedsgtogbegregisteredgasgagbranchgoffice.
2. Asglonggasgthegboothgisgopengforglessgthangsixgmonthsgitgwillgnotgneedgtogbe
gregisteredgasgagbranchgoffice.
3. Thegboothgdoesgnotgneedgtogbegregisteredgasgagbranchgoffice.
4. Theglawgprohibitsgthegusegofgsuchginformationalgdisplays.g-
g✔✔✔gCorrectgAnswerg>gThegboothgneedsgtogbegregisteredgasgagbranchgoffi
ce.
Agbrokergassociatedgwithgagprincipalgrealgestategbrokergwasgaskedgbygagpropertygo
wnergtogpreparegagCompetitivegMarketgAnalysisgforgthegowner'sgresidence.gUnderg
Oregonglaw,gwhichgofgthegfollowinggstatementsgaboutgagCMAgaregtrue?
1. AgfeegmaygbegchargedgforgprovidinggagCMA.
2. Theganalysisgmaygnotgbegcontingentgupongreportinggagpre-determinedgvalue.g-
✔✔✔gCorrectgAnswerg>gBothgIgandgII
Agprincipalgrealgestategbrokerghiredgagnumbergofgpart-
timegemployeesgtogshowgproperty,gpassgoutgbrochures,gquotegprices,gandgstategte
rmsgofgthegsalegofgrealgpropertygingagdevelopment.gAgrealgestategbrokergwillgbegong
sitegatgthegdevelopmentgtogfillgoutgallgthegearnestgmoneygagreements.gThegpart-
timegemployeesgwillgnotgsigngdocuments.
Undergthesegcircumstances,gthe
1. employeesgmustgbegrealgestateglicensees.
, 2. principalgrealgestategbrokergisgnotgingviolationgsincegaglicenseegfilledgoutgand
gsignedgthegdocuments.
3. employeesgcouldglegallygquotegpricesgandgtermsgasglonggasgtheygdidgnotgfillgout
gthegforms.
4. brokergisgnotgingviolationgasglonggasgthegemployeesgweregpaidgonganghourlygbasis.
-g✔✔✔gCorrectgAnswerg>gemployeesgmustgbegrealgestateglicensees.
WhogofgthegfollowinggisgrequiredgbygOregonglawgtoghavegagrealgestateglicense?
1. Agcollegegstudentgreceivinggfreegrentgwhilegactinggasgresidentgmanagergofgthe
gfourplexgheglivesgin
2. Agsongsellingghisgmother'sgpropertygundergpowergofgattorney
3. Agwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogis
glicensed
4. Agpropertygownergsellingghisginvestmentgpropertyg-
g✔✔✔gCorrectgAnswerg>gAgwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuy
ersgforghergsister,gwhogisglicensed
AngOregongrealgestateglicensegmustgbegheldgbygagpersongwhogperformsgwhichgofgt
hegfollowinggacts?
1. Takegaglistinggfromgagrealgpropertygownergwithgthegexpectationgofgreceivingga
gcommission
11.gChargegagconsultationgfeegtogagsellergforgadvicegongmarketinggrealgproperty
111.gReceivegagcommissiongforgsellinggagmobileghomeglocatedgongagrentalgspaceging
agmobileghomegfacilityg-g✔✔✔gCorrectgAnswerg>g1gandg11gonly
g g g g g
BANK | 2025 TEST BANK CURRENTLY TESTING ACCU
g g g g g g g
RATE REAL EXAM QUESTIONS WITH DETAILED VERI
g g g g g g
FIED ANSWERS GRADED A+ | GUARANTEED EXCELL
g g g g g g
ENCE PASS g
Agprincipalgrealgestategbrokergisgresponsiblegtogreviewgandginitialgallgdocumentsgw
rittengbyghisgassociatedgrealgestategbrokersgwithin
1. onegbankinggday.
2. sevengbankinggdaysgfromgthegdategthegdocumentgwasgaccepted,grejectedgor
gwithdrawn.
3. asgsoongasgpracticable.
4. tengdaysgfromgthegdategthegdocumentgwasgaccepted,grejectedgorgwithdrawn.g-
✔✔✔gCorrectgAnswerg>gsevengbankinggdaysgfromgthegdategthegdocumentgwasgacc
epted,grejectedgorgwithdrawn.
Principalgbrokersgmustgsupervisegwhichgofgthegfollowinggactivitiesgofgbrokers?
1. CompletiongofgangExclusivegRightgtogSellgListinggAgreement
2. CompletiongofgagComparativegMarketgAnalysis
3. CompletiongofgagRealgEstategSalegAgreement
4. Allgofgthegaboveg-g✔✔✔gCorrectgAnswerg>gAllgofgthegabove
,Whichgofgthegfollowinggwouldgbegpermissiblegingaglistinggcontract?
1. Agprovisiongthatgprohibitsgthegpropertygfromgbeingglistedgingagmultipleglisting
gservice
11.gAgrequirementgthatgthegsellergnotifygtheglistinggprincipalgbrokergofgthegseller'sgi
ntentiongtogcancelgtheglistinggaftergthegstatedgexpirationgdateg-
g✔✔✔gCorrectgAnswerg>gIgonly
AccordinggtogOregongadministrativegrules,gwhichgofgthegfollowinggstatementsgisgtr
uegregardingglistinggagreements?
1. Ifgtheglistinggisgobtainedgbygagrealgestategbroker,gagcopygofgtheglistinggmustgbe
ggivengtogthegsellergonlygaftergthegprincipalgbrokerghasgreviewedgit.
2. Onlygexclusivegright-to-sellglistingsgneedgtogstategagdefinitegexpirationgdate.
3. Agnonexclusiveglistinggagreementgbelongsgtogthegrealgestategbrokergwho
gobtainedgit.
4. Agcopygofgtheglistinggmustgbeggivengtogthegsellergatgthegtimegtheglistinggisgsigned.
-
g✔✔✔gCorrectgAnswerg>gAgcopygofgtheglistinggmustgbeggivengtogthegsellergatgthegti
megtheglistinggisgsigned.
Agnon-
licensedgpersonalgassistantgtogangOregongbrokergassociatedgwithgagprincipalgrealge
stategbrokergcouldglegallygperformgwhichgofgthegfollowinggactivities?
1. Installgsignsgandglockgboxesgonglistedgproperties
2. Preparegandgsubmitgadvertisinggtogagnewspapergasglonggasgthegbrokergreviewsgit
-g✔✔✔gCorrectgAnswerg>gIgonly
,AngOregongprincipalgrealgestategbrokergwantsgtogplacegagboothgingtheglocalgshoppi
nggmallgtogdisplayginformationgonglistings.gThegboothgwillgbegregularlygstaffedgbygli
censees.gWhichgisgtruegofgthisgsituation?
1. Thegboothgneedsgtogbegregisteredgasgagbranchgoffice.
2. Asglonggasgthegboothgisgopengforglessgthangsixgmonthsgitgwillgnotgneedgtogbe
gregisteredgasgagbranchgoffice.
3. Thegboothgdoesgnotgneedgtogbegregisteredgasgagbranchgoffice.
4. Theglawgprohibitsgthegusegofgsuchginformationalgdisplays.g-
g✔✔✔gCorrectgAnswerg>gThegboothgneedsgtogbegregisteredgasgagbranchgoffi
ce.
Agbrokergassociatedgwithgagprincipalgrealgestategbrokergwasgaskedgbygagpropertygo
wnergtogpreparegagCompetitivegMarketgAnalysisgforgthegowner'sgresidence.gUnderg
Oregonglaw,gwhichgofgthegfollowinggstatementsgaboutgagCMAgaregtrue?
1. AgfeegmaygbegchargedgforgprovidinggagCMA.
2. Theganalysisgmaygnotgbegcontingentgupongreportinggagpre-determinedgvalue.g-
✔✔✔gCorrectgAnswerg>gBothgIgandgII
Agprincipalgrealgestategbrokerghiredgagnumbergofgpart-
timegemployeesgtogshowgproperty,gpassgoutgbrochures,gquotegprices,gandgstategte
rmsgofgthegsalegofgrealgpropertygingagdevelopment.gAgrealgestategbrokergwillgbegong
sitegatgthegdevelopmentgtogfillgoutgallgthegearnestgmoneygagreements.gThegpart-
timegemployeesgwillgnotgsigngdocuments.
Undergthesegcircumstances,gthe
1. employeesgmustgbegrealgestateglicensees.
, 2. principalgrealgestategbrokergisgnotgingviolationgsincegaglicenseegfilledgoutgand
gsignedgthegdocuments.
3. employeesgcouldglegallygquotegpricesgandgtermsgasglonggasgtheygdidgnotgfillgout
gthegforms.
4. brokergisgnotgingviolationgasglonggasgthegemployeesgweregpaidgonganghourlygbasis.
-g✔✔✔gCorrectgAnswerg>gemployeesgmustgbegrealgestateglicensees.
WhogofgthegfollowinggisgrequiredgbygOregonglawgtoghavegagrealgestateglicense?
1. Agcollegegstudentgreceivinggfreegrentgwhilegactinggasgresidentgmanagergofgthe
gfourplexgheglivesgin
2. Agsongsellingghisgmother'sgpropertygundergpowergofgattorney
3. Agwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogis
glicensed
4. Agpropertygownergsellingghisginvestmentgpropertyg-
g✔✔✔gCorrectgAnswerg>gAgwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuy
ersgforghergsister,gwhogisglicensed
AngOregongrealgestateglicensegmustgbegheldgbygagpersongwhogperformsgwhichgofgt
hegfollowinggacts?
1. Takegaglistinggfromgagrealgpropertygownergwithgthegexpectationgofgreceivingga
gcommission
11.gChargegagconsultationgfeegtogagsellergforgadvicegongmarketinggrealgproperty
111.gReceivegagcommissiongforgsellinggagmobileghomeglocatedgongagrentalgspaceging
agmobileghomegfacilityg-g✔✔✔gCorrectgAnswerg>g1gandg11gonly
