Oregon License Law
An Oregon broker's license is placed in 'active' status when:
AThe broker completes their pre-license education
BOREA issues the license and it is activated under a principal broker✓ Correct
CThe broker takes their first listing
DThe broker passes the state licensing examination
Explanation
An Oregon broker's license is active when it is issued by OREA and activated under a licensed principal broker or their registered business entity. Before activation, even if the exam is passed, the licensee cannot engage in real estate brokerage activities.
Related Oregon Oregon License Law Questions
- The Oregon Real Estate Agency (OREA) Real Estate Account provides compensation to consumers who have been damaged by the fraudulent conduct of a licensed Oregon real estate agent. The maximum recovery per transaction is:
- Oregon's 'Material Facts' disclosure obligation means a licensee must disclose:
- Oregon real estate licenses must be renewed every:
- Which of the following activities in Oregon requires a real estate license?
- What is Oregon's 'Real Estate Transaction Record' requirement for licensees?
- The Oregon real estate broker licensing exam contains how many questions, and what is the minimum passing score?
- A broker who assists both parties in a transaction and fails to disclose the dual representation to both parties is:
- Oregon OREA disciplinary hearings are conducted under Oregon's:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →