Agency and License Law Practice Question

Question

A property manager asks how a rule affects a rental property for the Oregon Real Estate Broker Exam involving consumer complaints and broker supervision and disclosure practice. Which answer best reduces risk? (Item 90)

Answer choices

  1. A. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
  2. B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits Oregon exam practice.
  3. C. The requirement matters only when the buyer obtains institutional financing.
  4. D. The affiliated licensee may handle the matter independently without broker responsibility.

Correct Answer

B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits Oregon exam practice.

Explanation

The correct answer is B because consumer complaints requires candidates to recognize the role of the state regulator in complaint handling and enforcement. 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: medium
  • Domain: Agency and License Law
  • Objective: consumer complaints

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