Oregon License Law
Under ORS Chapter 696, which of the following persons is EXEMPT from requiring a real estate license in Oregon?
AA person who negotiates a commercial lease for compensation
BAn attorney-in-fact acting under a valid power of attorney✓ Correct
CA salaried employee of a real estate firm who shows properties
DA person who advertises properties for sale on behalf of multiple owners
Explanation
ORS Chapter 696 exempts attorneys-in-fact acting under a duly executed power of attorney from real estate licensing requirements, as they are acting as agents for a specific principal, not as real estate brokers for compensation.
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