Agency and License Law Practice Question

Question

A closing coordinator flags an issue before settlement for the Oregon Real Estate Broker Exam involving dual agency or limited representation and broker supervision and disclosure practice. What should the licensee understand? (Item 81)

Answer choices

  1. A. Recognize consent and neutrality duties when one brokerage is involved with both sides in a way that fits Oregon exam practice.
  2. B. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
  3. C. A verbal understanding always replaces a written real estate requirement.
  4. D. The safest practice is to avoid written documentation so fewer questions are raised later.

Correct Answer

A. Recognize consent and neutrality duties when one brokerage is involved with both sides in a way that fits Oregon exam practice.

Explanation

The correct answer is A because dual agency or limited representation requires candidates to recognize consent and neutrality duties when one brokerage is involved with both sides. The Oregon reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.

Question details

  • Difficulty: easy
  • Domain: Agency and License Law
  • Objective: dual agency or limited representation

Practice more

Start Agency and License Law practice

Back to Agency and License Law