Linda is a licensed real estate broker in Washington State and wants to obtain an Oregon Broker license. She has been actively licensed in Washington for four years. Under Oregon's licensing laws, which statement best describes Linda's situation?
Correct Answer
A) Linda may apply for an Oregon license and may have some pre-license education requirements waived, but must still pass the Oregon state licensing examination
Oregon does not offer full automatic reciprocity with other states. However, Oregon may waive certain pre-license education requirements for applicants who hold an active license in another state. Regardless, all applicants must pass the Oregon state portion of the licensing examination to demonstrate knowledge of Oregon-specific laws and regulations.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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