Oregon Real Estate Practice Test 2026 – Complete Exam Prep

In the context of real estate practice in Oregon, it is essential that the principal broker registers the business name for the real estate agency. This responsibility falls to the principal broker because they are the individual who holds the highest level of authority and responsibility within the real estate business.

The principal broker is tasked with overseeing the operations of the agency, ensuring compliance with state laws, and managing the activities of all other brokers and agents working under the agency's umbrella. Registering the business name is a formal requirement that establishes the agency's legal identity, allowing it to operate as a recognized entity in the industry.

While a broker also plays a significant role within a real estate practice, they typically do so under the umbrella of the principal broker's established business. A real estate assistant generally supports brokers and agents in their daily operations but does not hold the level of authority required to register a business name. Therefore, the requirement for business name registration clearly rests with the principal broker, reflecting their primary leadership role in the agency.