OREGON PSI TEST 2025 QUESTIONS
AND ANSWERS WITH VERIFIED
SOLUTIONS 100% CORRECT
GUARANTEED SUCCESS!!!
Q: When a licensee manages rental real estate under a signed management
agreement, with whom do they have an agency relationship?
A: ✔ A property owner and tenant
Q: Which of the following is NOT a valid reason for the Oregon Real Estate
Commissioner to suspend or revoke a real estate license?
A: ✔ Having a driver’s license revoked
Q: If property taxes in Oregon are delinquent and remain unpaid, what is the
status of the tax lien on the property?
A: ✔ It is superior to all other liens
Q: Who is responsible for keeping complete and accurate records of
professional real estate activity?
A: ✔ The principal broker
How long must records be kept in Oregon? - ANSWER✔✔for at least 6 years
A township is...
A. 640 Acres
B. 36 Sections
, C. one square mile
D. 43,560 Sq. Ft. - ANSWER✔✔36 Sections
An Oregon real estate broker, MUST disclose her agency relationship for which of
the following types of real estate sales?
A. Residential property.
B. Commercial property.
C. Industrial property.
D. All of the above. - ANSWER✔✔All of the above
Which of the following is TRUE regarding a competitive market analysis?
A. A broker may not charge a fee for performing a competitive market analysis.
B. A competitive market analysis does not have to be in writing and can be
presented orally.
C. A competitive market analysis is equivalent to an appraisal done by a licensed
professional appraiser.
D. It may include public records, past transactions and an analysis of market
conditions - ANSWER✔✔It may include public records, past transactions and an
analysis of market conditions
if a non-exempt seller does not provide the buyer with a property disclosure
statement, the buyer may revoke the buyers offer...
A. At any time prior to closing of the transaction
B. Up to ten days prior to closing of the transaction
AND ANSWERS WITH VERIFIED
SOLUTIONS 100% CORRECT
GUARANTEED SUCCESS!!!
Q: When a licensee manages rental real estate under a signed management
agreement, with whom do they have an agency relationship?
A: ✔ A property owner and tenant
Q: Which of the following is NOT a valid reason for the Oregon Real Estate
Commissioner to suspend or revoke a real estate license?
A: ✔ Having a driver’s license revoked
Q: If property taxes in Oregon are delinquent and remain unpaid, what is the
status of the tax lien on the property?
A: ✔ It is superior to all other liens
Q: Who is responsible for keeping complete and accurate records of
professional real estate activity?
A: ✔ The principal broker
How long must records be kept in Oregon? - ANSWER✔✔for at least 6 years
A township is...
A. 640 Acres
B. 36 Sections
, C. one square mile
D. 43,560 Sq. Ft. - ANSWER✔✔36 Sections
An Oregon real estate broker, MUST disclose her agency relationship for which of
the following types of real estate sales?
A. Residential property.
B. Commercial property.
C. Industrial property.
D. All of the above. - ANSWER✔✔All of the above
Which of the following is TRUE regarding a competitive market analysis?
A. A broker may not charge a fee for performing a competitive market analysis.
B. A competitive market analysis does not have to be in writing and can be
presented orally.
C. A competitive market analysis is equivalent to an appraisal done by a licensed
professional appraiser.
D. It may include public records, past transactions and an analysis of market
conditions - ANSWER✔✔It may include public records, past transactions and an
analysis of market conditions
if a non-exempt seller does not provide the buyer with a property disclosure
statement, the buyer may revoke the buyers offer...
A. At any time prior to closing of the transaction
B. Up to ten days prior to closing of the transaction
