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Exam (elaborations)

All of Oregon Real Estate Pre-License Law (SOLVED!)

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Uploaded on
02-10-2023
Written in
2023/2024

Restrictions limiting the use and occupancy of real property to persons of only one specific race correct answers are void and unenforceable. The sale or lease of a commodity through an intermediary who usually acts as an agent for one of the parties defines the concept of correct answers brokerage. When comparing timber brokerage to mineral rights brokerage, correct answers mineral rights brokers generally must have real estate licenses. Oregon law permits property owners to pay special assessments for local improvements, such as sidewalks, in correct answers I. a lump sum. II. payments plus interest on the unpaid balance. Zoning ordinances usually cover such matters as correct answers setback lines. The primary justification for a zoning ordinance is to correct answers protect the public health, safety, and general welfare of an area. Real property taxes that are not paid are correct answers specific, involuntary liens. Since the 1973 Oregon Legislature established statutory deed forms for the voluntary conveyance of real property, the real estate licensee should correct answers have his clients hire an attorney to make any needed deviations from the statutory forms. The real estate business is characterized by correct answers competition and cooperation among brokers One section of land is established by correct answers government survey. An acre contains _____ square feet. correct answers 43560 When buyers question the advisability of having committed to buying a home after their offer is accepted, this is correct answers buyer's remorse. A farm, described as the "NW 1/4 of the SE 1/4 of Section 10, Township 4N, Range 4W of the Gila and Salt River Base and Meridian" sold for $500 per acre. The sale price would be correct answers $20,000 When a real estate sales transaction is to be closed in escrow, the escrow agent correct answers protects the interest of each party to the transaction. Zoning in an area required that there be 10' from the edge of a building to the lot line. If approval were to be obtained to build up to 7' from the lot line, it would be called a correct answers variance.

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Institution
Oregon Real Estate
Course
Oregon Real Estate








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Institution
Oregon Real Estate
Course
Oregon Real Estate

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Uploaded on
October 2, 2023
Number of pages
2
Written in
2023/2024
Type
Exam (elaborations)
Contains
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