Oregon Real Estate License Law (Questions with A+ graded answers)

A branch office registration is necessary to use a: I. Model unit, available for sale, in a subdivision for promotion of interest in the development. II. Temporary structure for dissemination of information. correct answers Neither I nor II A person can work as a secretary in a real estate office without obtaining a real estate license. That secretary can legally perform which of the following functions? correct answers II only Verify the accuracy of listing information supplied by a broker by checking the records at the county tax office Which of the following constitutes engaging in professional real estate activity as defined by Oregon Law? I. A person who, for a fee, rents real estate owned by others to the public. II. A person who, for a fee, assists owners only in procuring prospective tenants for the owner's rental property. correct answers Both I and 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? I. Real Estate Broker II. Principal Real Estate Broker correct answers Both I and II An unlicensed personal assistant to a real estate broker could legally do which of the following? correct answers Deliver documents to a buyer An Oregon principal real estate broker wants to place a booth in the local shopping mall to display information on listings. The booth will be regularly staffed by licensees. Which of the following statements about requirements is true of this situation? correct answers The booth needs to be registered as a branch office. Who of the following is required by Oregon law to have a real estate license? correct answers A woman who receives a finders' fee for soliciting buyers for her sister, who is licensed. Under Oregon statutes and administrative rules, which of the following is NOT an activity a real estate property manager licensee may do? correct answers List an owner's rental properties for sale. Under Oregon law, if a principal real estate broker establishes an independent contractor relationship with an associated real estate broker: correct answers The principal broker must supervise the real estate broker's real estate activities to conform to the Oregon Real Estate License Law and administrative rules