Oregon Real Estate Broker License Accurate 100%(Graded A+)

Principal Broker - ANSWER A principal real estate broker is an individual who may or may not be responsible for the professional real estate activity conducted by himself and others working in the same office. Principal Broker must be - ANSWER 18 years of age; background check; educational requirements; real estate license for 3 years; passed brokers exam To become eligible for a principal broker license, a broker must have held an active real estate license for a period of not less than three years - ANSWER True The relationship between a real broker and and his client is - ANSWER An agency relationship coupled with fiduciary obligations What body of law prescribes the rights and duties between a property manager and her clients - ANSWER Law of Agency A special agent - ANSWER Has the obligation of one task