Test 1: Oregon Real Estate License Law with Complete Solutions!

A branch office registration is necessary to use a model unit, available for sale, in a subdivision for promotion of interest in the development. temporary structure for dissemination of information. I only II only Both I and II Neither I nor II - ANSWER-Neither I nor II Which of the following categories of licensees, without charging a fee, could legally offer a seller an estimate of the sales price of the seller's property for the purpose of obtaining a listing? Real estate broker Principal real estate broker I only II only Both I and II Neither I nor II - ANSWER-Both I and II An unlicensed personal assistant to a real estate broker could legally do which of the following? -Discuss the terms of a sale with a seller. -Discuss information about property listed by the real estate broker. -Obtain verification of sewer connection for a listed house from the city public works office at the client's request. -Deliver documents to a buyer. - ANSWER-Deliver documents to a buyer A non licensed personal assistant to an Oregon poker associated with a principal real estate broker could legally perform which of the following activities? I. Install signs and lock boxes on listed properties II. Prepare and submit advertising to a newspaper as long as the broker reviews it -I only -II only -Both I and II -Neither I nor I - ANSWER-I only An Oregon real estate license must be held by a person who performs which of the following acts? - Take a listing from a real property owner with the expectation of receiving a commission - Charge a consultation fee to a seller for advice on marketing real property -Receive a commission for selling a mobile home located on a rental space in a mobile home facility -I only -II only -I and II only -I, II and III - ANSWER-I and II only Which of the following acts requires an Oregon real estate license? I. Negotiations between a buyer and seller for the sale of a mobile home located on a rental space in a mobile home facility - I only - II