Before you read
Test yourself first: 5 questions
Question 1 of 5
An Oregon broker meets a prospective buyer at an open house and begins discussing the buyer's needs and finances in detail. When must the broker provide the Initial Agency Disclosure Pamphlet?
Answer: B. Oregon requires the agency disclosure pamphlet to be provided at first contact with a consumer, before the broker enters into discussions that could create a representation relationship or that involve the consumer's confidential information.
Question 2 of 5
Oregon licensees are generally required to provide which document explaining the types of agency relationships before entering into a representation agreement?
Answer: A. Oregon requires licensees to provide consumers with an initial agency disclosure (commonly a pamphlet or notice) that explains the different agency relationships available, so the consumer understands who the licensee represents.
Question 3 of 5
Which of the following actions by an Oregon licensee would most clearly constitute prohibited conduct subject to discipline?
Answer: B. Substantial misrepresentation and false promises made to induce a transaction are classic prohibited acts. The other choices describe proper, lawful licensee behavior.
Question 4 of 5
An Oregon seller completes the Seller's Property Disclosure Statement. Whose knowledge does the statement primarily reflect?
Answer: B. The Seller's Property Disclosure Statement is the seller's own representation of the property's condition based on the seller's actual knowledge. It is not a warranty, an appraisal, or a substitute for the buyer's independent inspection.
Question 5 of 5
Under Oregon's agency model, when a broker represents a buyer or seller as a client, which set of duties does the broker owe?
Answer: B. A represented party is a client, and Oregon brokers owe clients heightened, fiduciary-style duties including loyalty, confidentiality, obedience to lawful instructions, full disclosure, accounting, and reasonable care and diligence.
Keep the streak going with more questions like these, each with a full rationale.
What you need to know
Licensees must provide the state's Initial Agency Disclosure Pamphlet at first contact, before showing property or discussing confidential matters. In a disclosed limited agency, the agent owes duties to both clients but may not disclose one party's confidential information (such as bottom-line price) to the other without permission. All agency relationships and the duties they create must be clearly explained and documented.
Oregon's Agency and Representation Model: FAQs
Is Oregon's Agency and Representation Model on the real estate exam?
Yes. State License Law is a scored domain on the Oregon real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Oregon test this differently?
Oregon applies its own license law on top of the national portion. This page covers the Oregon rules specifically, which is what the state section of your exam tests.
