Oregon Real Estate Practice Test 2025 – Complete Exam Prep

Question: 1 / 400

What is the primary purpose of the Oregon Real Estate Agency?

To regulate property tax assessments

To protect the public in real estate transactions

The primary purpose of the Oregon Real Estate Agency is to protect the public in real estate transactions. This agency oversees real estate practices in the state, ensuring that all transactions are conducted fairly and ethically. It sets standards for real estate professionals, regulates their conduct, and enforces laws that govern real estate practices. By doing this, the agency aims to foster an environment where buyers and sellers can engage in real estate transactions with confidence, knowing that their rights and interests are being safeguarded.

The other options, while they may involve aspects of real estate, do not accurately describe the primary function of the Oregon Real Estate Agency. For instance, regulating property tax assessments is typically handled by local government entities rather than a state agency focused on real estate practices. Managing real estate investments for the state and providing financial assistance to home buyers fall outside the agency's primary mission, which is centered on consumer protection and ensuring compliance with real estate laws.

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To manage real estate investments for the state

To provide financial assistance to home buyers

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