OREGON Real Estate Licensing Exam 202
g g g g g
3 with 100% correct answers
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Agbranchgofficegregistrationgisgnecessarygtoguse:
1.gagmodelgunit,gavailablegforgsale,gingagsubdivisiongforgpromotiongofginterestgingthegdevelopment.
11.gtemporarygstructuregforgdisseminationgofginformation.g-gcorrectganswerg-NeithergIgnorg11
Agpersongcangworkgasgagsecretarygingagrealgestategofficegwithoutgobtaininggagrealgestateglicense.gThatgs
ecretarygcanglegallygperformgwhichgofgthegfollowinggfunctions?
1.gTransmitginformationgfromgagmultipleglistinggtogagphonegprospectgifgnogonegelsegisgingthegoffice
11.gVerifygthegaccuracygofglistingginformationgsuppliedgbygagbrokergbygcheckinggthegrecordsgatgthegcoun
tygtaxgofficeg-gcorrectganswerg-IIgonly
WhichgofgthegfollowinggconstitutesgengaginggingprofessionalgrealgestategactivitygasgdefinedgbygOregongl
aw?
1.gAgpersongwho,gforgagfee,grentsgrealgestategownedgbygothersgtogthegpublic
11.gAgpersongwho,gforgagfee,gassistsgownersgonlygingprocuringgprospectivegtenantsgforgthegowners'grent
algpropertyg-gcorrectganswerg-BothgIgandgII
Whichgofgthegfollowinggcategoriesgofglicensees,gwithoutgcharginggagfee,gcouldglegallygoffergagsellergange
stimategofgthegsalesgpricegofgthegseller'sgpropertygforgthegpurposegofgobtaininggaglisting?
1.gRealgestategbroker
11.gPrincipalgrealgestategbrokerg-gcorrectganswerg-BothgIgandgII
Angunlicensedgpersonalgassistantgtogagrealgestategbrokergcouldglegallygdogwhichgofgthegfollowing?
,1.gDiscussgthegtermsgofgagsalegwithgagseller.
2.gDiscussginformationgaboutgpropertyglistedgbygthegrealgestategbroker.
3.gObtaingverificationgofgsewergconnectiongforgaglistedghousegfromgthegcitygpublicgworksgofficegatgthegcl
ient'sgrequest.
4.gDelivergdocumentsgtogagbuyer.g-gcorrectganswerg-Delivergdocumentsgtogagbuyer.
Principalgbrokersgmustgsupervisegwhichgofgthegfollowinggactivitiesgofgbrokers?
1.gCompletiongofgangExclusivegRightgtogSellgListinggAgreement
2.gCompletiongofgagComparativegMarketgAnalysis
3.gCompletiongofgagRealgEstategSalegAgreement
4.gAllgofgthegaboveg-gcorrectganswerg-Allgofgthegabove
Agnon-
licensedgpersonalgassistantgtogangOregongbrokergassociatedgwithgagprincipalgrealgestategbrokergcouldgle
gallygperformgwhichgofgthegfollowinggactivities?
1.gInstallgsignsgandglockgboxesgonglistedgproperties
2.gPreparegandgsubmitgadvertisinggtogagnewspapergasglonggasgthegbrokergreviewsgitg-gcorrectganswerg-
Igonly
AngOregongprincipalgrealgestategbrokergwantsgtogplacegagboothgingtheglocalgshoppinggmallgtogdisplayginf
ormationgonglistings.gThegboothgwillgbegregularlygstaffedgbyglicensees.gWhichgisgtruegofgthisgsituation?
1.gThegboothgneedsgtogbegregisteredgasgagbranchgoffice.
2.gAsglonggasgthegboothgisgopengforglessgthangsixgmonthsgitgwillgnotgneedgtogbegregisteredgasgagbranchg
office.
3.gThegboothgdoesgnotgneedgtogbegregisteredgasgagbranchgoffice.
4.gTheglawgprohibitsgthegusegofgsuchginformationalgdisplays.g-gcorrectganswerg-
Thegboothgneedsgtogbegregisteredgasgagbranchgoffice.
,AgbrokergassociatedgwithgagprincipalgrealgestategbrokergwasgaskedgbygagpropertygownergtogpreparegagC
ompetitivegMarketgAnalysisgforgthegowner'sgresidence.gUndergOregonglaw,gwhichgofgthegfollowinggstate
mentsgaboutgagCMAgaregtrue?
1.gAgfeegmaygbegchargedgforgprovidinggagCMA.
2.gTheganalysisgmaygnotgbegcontingentgupongreportinggagpre-determinedgvalue.g-gcorrectganswerg-
BothgIgandgII
Agprincipalgrealgestategbrokerghiredgagnumbergofgpart-
timegemployeesgtogshowgproperty,gpassgoutgbrochures,gquotegprices,gandgstategtermsgofgthegsalegofgre
algpropertygingagdevelopment.gAgrealgestategbrokergwillgbegongsitegatgthegdevelopmentgtogfillgoutgallgth
egearnestgmoneygagreements.gThegpart-timegemployeesgwillgnotgsigngdocuments.
Undergthesegcircumstances,gthe
1.gemployeesgmustgbegrealgestateglicensees.
2.gprincipalgrealgestategbrokergisgnotgingviolationgsincegaglicenseegfilledgoutgandgsignedgthegdocuments.
3.gemployeesgcouldglegallygquotegpricesgandgtermsgasglonggasgtheygdidgnotgfillgoutgthegforms.
4.gbrokergisgnotgingviolationgasglonggasgthegemployeesgweregpaidgonganghourlygbasis.g-gcorrectganswerg-
employeesgmustgbegrealgestateglicensees.
WhogofgthegfollowinggisgrequiredgbygOregonglawgtoghavegagrealgestateglicense?
1.gAgcollegegstudentgreceivinggfreegrentgwhilegactinggasgresidentgmanagergofgthegfourplexgheglivesgin
2.gAgsongsellingghisgmother'sgpropertygundergpowergofgattorney
3.gAgwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogisglicensed
4.gAgpropertygownergsellingghisginvestmentgpropertyg-gcorrectganswerg-
Agwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogisglicensed
AngOregongrealgestateglicensegmustgbegheldgbygagpersongwhogperformsgwhichgofgthegfollowinggacts?
, 1.gTakegaglistinggfromgagrealgpropertygownergwithgthegexpectationgofgreceivinggagcommission
11.gChargegagconsultationgfeegtogagsellergforgadvicegongmarketinggrealgproperty
111.gReceivegagcommissiongforgsellinggagmobileghomeglocatedgongagrentalgspacegingagmobileghomegfacil
ityg-gcorrectganswerg-1gandg11gonly
WhichgofgthegfollowinggactsgrequiresgangOregongrealgestateglicense?
1.gNegotiationgbetweengagbuyergandgagsellergforgthegsalegofgagmobileghomeglocatedgongagrentalgspacegi
ngagmobileghomegfacility
11.gAcceptancegofgaglistinggtogsellgagfarmg-gcorrectganswerg-IIgonly
Agrealgestategbrokergassociatedgwithgagprincipalgrealgestategbrokergmaygdogwhichgofgthegfollowinggwith
outgsupervision?
1.gSetgupgagpropertygmanagementgbusiness
2.gRentgorgleasegtheirgrealgestate
3.gLease-optiongtheirgrealgestate
4.gSellgtheirgrealgestateg-gcorrectganswerg-Rentgorgleasegtheirgrealgestate
Agrealgestategbrokergassociatedgwithgagprincipalgrealgestategbrokergmaygdogwhichgofgthegfollowinggactiv
itiesgwithoutgsupervision?
1.gEngagegingpropertygmanagementgifgthegrealgestategbrokerghasgheldgagrealgestateglicensegforgagminim
umgofgfivegyears
2.gSetgupgagpropertygmanagementgbusinessgifgthegprincipalgrealgestategbrokergagrees
3.gLease-optiongthegrealgestategbroker'sgowngproperty
4.gRentgorgleasegthegrealgestategbroker'sgowngrealgestateg-gcorrectganswerg-
Rentgorgleasegthegrealgestategbroker'sgowngrealgestate
WhichgstatementgisgFALSEgconcerningganginactivegrealgestategbrokerginvolvedgingagleasegoptiongofgagper
sonally-ownedgrealgestate?
g g g g g
3 with 100% correct answers
gg g g g
Agbranchgofficegregistrationgisgnecessarygtoguse:
1.gagmodelgunit,gavailablegforgsale,gingagsubdivisiongforgpromotiongofginterestgingthegdevelopment.
11.gtemporarygstructuregforgdisseminationgofginformation.g-gcorrectganswerg-NeithergIgnorg11
Agpersongcangworkgasgagsecretarygingagrealgestategofficegwithoutgobtaininggagrealgestateglicense.gThatgs
ecretarygcanglegallygperformgwhichgofgthegfollowinggfunctions?
1.gTransmitginformationgfromgagmultipleglistinggtogagphonegprospectgifgnogonegelsegisgingthegoffice
11.gVerifygthegaccuracygofglistingginformationgsuppliedgbygagbrokergbygcheckinggthegrecordsgatgthegcoun
tygtaxgofficeg-gcorrectganswerg-IIgonly
WhichgofgthegfollowinggconstitutesgengaginggingprofessionalgrealgestategactivitygasgdefinedgbygOregongl
aw?
1.gAgpersongwho,gforgagfee,grentsgrealgestategownedgbygothersgtogthegpublic
11.gAgpersongwho,gforgagfee,gassistsgownersgonlygingprocuringgprospectivegtenantsgforgthegowners'grent
algpropertyg-gcorrectganswerg-BothgIgandgII
Whichgofgthegfollowinggcategoriesgofglicensees,gwithoutgcharginggagfee,gcouldglegallygoffergagsellergange
stimategofgthegsalesgpricegofgthegseller'sgpropertygforgthegpurposegofgobtaininggaglisting?
1.gRealgestategbroker
11.gPrincipalgrealgestategbrokerg-gcorrectganswerg-BothgIgandgII
Angunlicensedgpersonalgassistantgtogagrealgestategbrokergcouldglegallygdogwhichgofgthegfollowing?
,1.gDiscussgthegtermsgofgagsalegwithgagseller.
2.gDiscussginformationgaboutgpropertyglistedgbygthegrealgestategbroker.
3.gObtaingverificationgofgsewergconnectiongforgaglistedghousegfromgthegcitygpublicgworksgofficegatgthegcl
ient'sgrequest.
4.gDelivergdocumentsgtogagbuyer.g-gcorrectganswerg-Delivergdocumentsgtogagbuyer.
Principalgbrokersgmustgsupervisegwhichgofgthegfollowinggactivitiesgofgbrokers?
1.gCompletiongofgangExclusivegRightgtogSellgListinggAgreement
2.gCompletiongofgagComparativegMarketgAnalysis
3.gCompletiongofgagRealgEstategSalegAgreement
4.gAllgofgthegaboveg-gcorrectganswerg-Allgofgthegabove
Agnon-
licensedgpersonalgassistantgtogangOregongbrokergassociatedgwithgagprincipalgrealgestategbrokergcouldgle
gallygperformgwhichgofgthegfollowinggactivities?
1.gInstallgsignsgandglockgboxesgonglistedgproperties
2.gPreparegandgsubmitgadvertisinggtogagnewspapergasglonggasgthegbrokergreviewsgitg-gcorrectganswerg-
Igonly
AngOregongprincipalgrealgestategbrokergwantsgtogplacegagboothgingtheglocalgshoppinggmallgtogdisplayginf
ormationgonglistings.gThegboothgwillgbegregularlygstaffedgbyglicensees.gWhichgisgtruegofgthisgsituation?
1.gThegboothgneedsgtogbegregisteredgasgagbranchgoffice.
2.gAsglonggasgthegboothgisgopengforglessgthangsixgmonthsgitgwillgnotgneedgtogbegregisteredgasgagbranchg
office.
3.gThegboothgdoesgnotgneedgtogbegregisteredgasgagbranchgoffice.
4.gTheglawgprohibitsgthegusegofgsuchginformationalgdisplays.g-gcorrectganswerg-
Thegboothgneedsgtogbegregisteredgasgagbranchgoffice.
,AgbrokergassociatedgwithgagprincipalgrealgestategbrokergwasgaskedgbygagpropertygownergtogpreparegagC
ompetitivegMarketgAnalysisgforgthegowner'sgresidence.gUndergOregonglaw,gwhichgofgthegfollowinggstate
mentsgaboutgagCMAgaregtrue?
1.gAgfeegmaygbegchargedgforgprovidinggagCMA.
2.gTheganalysisgmaygnotgbegcontingentgupongreportinggagpre-determinedgvalue.g-gcorrectganswerg-
BothgIgandgII
Agprincipalgrealgestategbrokerghiredgagnumbergofgpart-
timegemployeesgtogshowgproperty,gpassgoutgbrochures,gquotegprices,gandgstategtermsgofgthegsalegofgre
algpropertygingagdevelopment.gAgrealgestategbrokergwillgbegongsitegatgthegdevelopmentgtogfillgoutgallgth
egearnestgmoneygagreements.gThegpart-timegemployeesgwillgnotgsigngdocuments.
Undergthesegcircumstances,gthe
1.gemployeesgmustgbegrealgestateglicensees.
2.gprincipalgrealgestategbrokergisgnotgingviolationgsincegaglicenseegfilledgoutgandgsignedgthegdocuments.
3.gemployeesgcouldglegallygquotegpricesgandgtermsgasglonggasgtheygdidgnotgfillgoutgthegforms.
4.gbrokergisgnotgingviolationgasglonggasgthegemployeesgweregpaidgonganghourlygbasis.g-gcorrectganswerg-
employeesgmustgbegrealgestateglicensees.
WhogofgthegfollowinggisgrequiredgbygOregonglawgtoghavegagrealgestateglicense?
1.gAgcollegegstudentgreceivinggfreegrentgwhilegactinggasgresidentgmanagergofgthegfourplexgheglivesgin
2.gAgsongsellingghisgmother'sgpropertygundergpowergofgattorney
3.gAgwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogisglicensed
4.gAgpropertygownergsellingghisginvestmentgpropertyg-gcorrectganswerg-
Agwomangwhogreceivesgagfinders'gfeegforgsolicitinggbuyersgforghergsister,gwhogisglicensed
AngOregongrealgestateglicensegmustgbegheldgbygagpersongwhogperformsgwhichgofgthegfollowinggacts?
, 1.gTakegaglistinggfromgagrealgpropertygownergwithgthegexpectationgofgreceivinggagcommission
11.gChargegagconsultationgfeegtogagsellergforgadvicegongmarketinggrealgproperty
111.gReceivegagcommissiongforgsellinggagmobileghomeglocatedgongagrentalgspacegingagmobileghomegfacil
ityg-gcorrectganswerg-1gandg11gonly
WhichgofgthegfollowinggactsgrequiresgangOregongrealgestateglicense?
1.gNegotiationgbetweengagbuyergandgagsellergforgthegsalegofgagmobileghomeglocatedgongagrentalgspacegi
ngagmobileghomegfacility
11.gAcceptancegofgaglistinggtogsellgagfarmg-gcorrectganswerg-IIgonly
Agrealgestategbrokergassociatedgwithgagprincipalgrealgestategbrokergmaygdogwhichgofgthegfollowinggwith
outgsupervision?
1.gSetgupgagpropertygmanagementgbusiness
2.gRentgorgleasegtheirgrealgestate
3.gLease-optiongtheirgrealgestate
4.gSellgtheirgrealgestateg-gcorrectganswerg-Rentgorgleasegtheirgrealgestate
Agrealgestategbrokergassociatedgwithgagprincipalgrealgestategbrokergmaygdogwhichgofgthegfollowinggactiv
itiesgwithoutgsupervision?
1.gEngagegingpropertygmanagementgifgthegrealgestategbrokerghasgheldgagrealgestateglicensegforgagminim
umgofgfivegyears
2.gSetgupgagpropertygmanagementgbusinessgifgthegprincipalgrealgestategbrokergagrees
3.gLease-optiongthegrealgestategbroker'sgowngproperty
4.gRentgorgleasegthegrealgestategbroker'sgowngrealgestateg-gcorrectganswerg-
Rentgorgleasegthegrealgestategbroker'sgowngrealgestate
WhichgstatementgisgFALSEgconcerningganginactivegrealgestategbrokerginvolvedgingagleasegoptiongofgagper
sonally-ownedgrealgestate?
