Oregon Broker PSI Practice Exam

What is a legal duty of an unlicensed personal assistant to an Oregon broker?

1. Negotiate contracts

2. Install signs and lock boxes on listed properties

3. Fill out earnest money agreements

4. Conduct open houses

The correct answer is: Install signs and lock boxes on listed properties

An unlicensed personal assistant to an Oregon broker is permitted to install signs and lock boxes on listed properties. This task is considered a supportive and logistical role that does not involve negotiating real estate transactions or performing other activities that require a real estate license. The legal duties of an unlicensed assistant are clearly defined in Oregon's real estate laws. They can perform administrative tasks that help facilitate the brokerage's operations but must avoid engaging in tasks that would constitute practicing real estate, such as negotiating contracts, filling out earnest money agreements, or conducting open houses without direct supervision from a licensed broker. Each of these prohibited activities requires licensure because they involve negotiation or representation in real estate transactions, which the law mandates be conducted by licensed professionals to protect consumers and ensure compliance with regulations.