Oregon Real Estate Exam Prep

OR Salesperson Practice Exam

Our Oregon Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Oregon’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

You will receive the following with our real estate practice exams:

Instant Access
Risk Free Pass Guarantee
90-Day Access to Our Testing Materials
Quality Customer Support
Updated for 2018 Regulations

Give Me Access to Oregon Real Estate Exam Prep

90 Day Money Back Guarantee On Our Real Estate Exam Prep

Instant Results

Instant results on each question so you know your strength's and weaknesses!

Instant Results
Works on Any Device
Easy to Use

How Our System Works



Get Access to Real Estate Prep Guide	Study and Improve on Your Weak Areas	Pass Your Exam!

Get Access to Real Estate Prep Guide

Study and Improve on Your Weak Areas

Pass Your Exam!

Oregon License Requirements

Oregon issues two basic real estate licenses. They are the broker license and the principal broker license. The licensing requirements for the standard broker license include:
150-hours course of study that consists of the following modules:
- Oregon Real Estate Practice (30 hours)
- Real Estate Law (30 hours)
- Real Estate Finance (30 hours)
- Contracts (15 hours)
- Agency (15 hours)
- Property Management (10 hours)
- Real Estate Brokerage (20 hours)
Applicants must have a high school diploma, GED, or international equivalent
The standard salesperson licensees receiving their Oregon broker license through this process needed to meet two more requirements before working as a sole practitioner:
- The licensee must have three years of active, licensed experience, either in Oregon and/or another state
- The licensee must pass the real estate broker license exam.

For more information on state requirements click here.

Oregon Sample Practice Real Estate Exam Questions and Answers

Oregon State Section

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you.

Start

Congratulations - you have completed Oregon State Section . You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

In what circumstances, if any, can a broker in Oregon who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	None; the broker may only collect compensation from one party to a transaction
B	In most circumstances, except when the buyer and seller are related
C	Only when both buyer and seller give informed consent to this arrangement
D	Only when both buyer and seller have legal representation

Question 2

What term means "going to the state?"

A	Taxation
B	escheat
C	Eminent Domain
D	police power

Question 2 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 3

Which of the following is a landlord's option for a tenant not paying the rent?

A	shut off the power
B	unlawful detainer action in court
C	lock the tenant out of the apartment
D	shutoff the gas

Question 4

Is Oregon a community property state?

A	Yes
B	No

Question 5

What is homestead protection?

A	Net cash remaining to investor after sale of investment property
B	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
C	Gradual subsidence of waters, leaving dry land
D	The estimated value that an asset will have at then end of it's useful life

Question 6

The license law is administered by:

A	Oregon Department of Education
B	Oregon Department of Taxation & Finance
C	Oregon Department of Revenue
D	The Real Estate & Professional Licensing Division of the Oregon Department of Commerce

Question 7

Standing trees would be considered:

A	Personal Property
B	Chattels
C	Emblements
D	Real property

Question 8

After getting the real estate license, how often must you take Continuing Education classes?

A	never
B	20 hours every year
C	30 hours every two years
D	40 hours every two years

Question 9

Does Oregon allow Holographic wills?

A	No
B	Yes

Question 10

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Lessor
B	Buyer
C	Lessee
D	Agent

Question 11

Does Oregon have dower laws?

A	Yes
B	No

Question 12

The Salesperson license application fee costs how much?

A	$50
B	$230
C	$100
D	$40

Question 13

An easement by prescription may establish:

A	who owes back taxes
B	use of property
C	homestead rights
D	a claim to title

Question 14

Which of the following isn't part of a deed?

A	Habendum
B	novation
C	acknowledgement
D	Premises

Question 15

How soon can a broker receive a commission check after a closing in Oregon?

A	When the Buyer moves in.
B	Once the offer sheet is signed.
C	After the transaction is completed and funded.
D	Once the seller agrees to the price.

Question 16

Which of the following would not put a sales person in jeopardy of losing their license in Oregon?

A	Placing an ad claiming to be a broker when they are not.
B	Being authorized to accept and excessive commission.
C	Depositing his/her clients escrow money into a personal account
D	Convicted of a felony

Question 17

What tenancies does Oregon allow?

A	Joint tenancy
B	Neither
C	Both
D	Tenancy by the entirety

Question 18

Does Oregon allow reciprocity with other states?

A	No
B	Yes

Question 18 Explanation:

Arkansas Colorado Connecticut Mississippi Nebraska Oklahoma West Virginia Wyoming

Question 19

What is a holographic will?

A	a standard boiler plate will.
B	a will and testament that has been entirely handwritten and signed by the testator.
C	a will that has been approved by each family member.
D	a will that displays in 3D

Question 20

Mortgage "discount" points only apply if which of the following conditions are met?

A	The loan does not close and the buyer owes the lender for services rendered
B	The interest rate on the mortgage loan has been lowered by 1% for each point charged
C	The interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The seller has agreed to pay 1% of the closing costs

Question 21

Which of the following is required for an applicant to receive a Real Estate License?

A	Must have a Bachelors degree
B	Must have lived in the state for more than a year
C	Must be 25 or older
D	Must sit and pass the required exam

Question 22

Which is not necessary for a valid contract?

A	acceptance
B	offer
C	due date
D	legal object

Question 23

Does Oregon have homestead laws?

A	No
B	Yes

Question 24

How many classroom hours are required from an agency approved Pre-Licensing education school?

A	125
B	150
C	200
D	100

Question 25

Which of the following is not a state that participates in reciprocity?

A	Wyoming
B	New York
C	Oklahoma
D	West Virginia

Once you are finished, click the button below. Any items you have not completed will be marked incorrect. Get Results

There are 25 questions to complete.

List

Return

Shaded items are complete.

1	2	3	4	5
6	7	8	9	10
11	12	13	14	15
16	17	18	19	20
21	22	23	24	25
End