Agency
Oregon's agency disclosure requirements apply to transactions involving which types of property?
AOnly residential properties with 1–4 units
BAll real property transactions in which a broker is involved✓ Correct
COnly transactions valued over $500,000
DOnly commercial real estate transactions
Explanation
Oregon's agency disclosure requirements (the Initial Agency Disclosure Pamphlet) apply to all real property transactions in which a real estate broker is involved — residential, commercial, industrial, and land transactions alike.
Related Oregon Agency Questions
- The Oregon Initial Agency Disclosure Pamphlet must be provided to a consumer BEFORE the broker:
- In an Oregon in-company transaction, if two different brokers from the same firm represent the buyer and seller respectively, this is called:
- An Oregon buyer is working with a broker from the same firm that listed the property they want to purchase. If the buyers want full representation, they should request:
- A buyer's agent in Oregon discovers that a property has an unresolved permit violation. The agent should:
- Under Oregon agency law, a 'disclosed limited agent' is a broker who:
- When a listing broker and buyer's broker are from different companies, the commission is typically shared under a:
- Under Oregon law, a buyer's agent who also works as a property manager for a landlord who owns a property the buyer wants to purchase faces:
- A real estate licensee in Oregon may not act as a principal (buyer or seller for their own account) in a transaction they are involved in as an agent without:
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