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What constitutes engaging in professional real estate activity as defined by Oregon Law?

(A) Buying, selling, or leasing real estate for another person or entity in exchange for compensation.
(B) Negotiating or attempting to negotiate the purchase, sale, or lease of real estate for another person or entity in exchange for compensation.
(C) Listing or offering to list real estate for sale or lease for another person or entity in exchange for compensation.
(D) All of the above.

1 Answer

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Final answer:

In Oregon Law, engaging in professional real estate activity includes buying, selling, leasing, negotiating for real estate on behalf of another for compensation, and listing property for sale or lease. (D) All of the above.

Step-by-step explanation:

Engaging in professional real estate activity as defined by Oregon Law constitutes several actions. These include (A) buying, selling, or leasing real estate for another person or entity in exchange for compensation,

(B) negotiating or attempting to negotiate the purchase, sale, or lease of real estate for another person or entity in exchange for compensation, and (C) listing or offering to list real estate for sale or lease for another person or entity in exchange for compensation. Therefore, the answer is (D) All of the above. Owning property grants individuals or firms the right to enter into contracts with other parties concerning their property, which is a foundational aspect of conducting real estate transactions.

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