Final answer:
Under Oregon Law, it is True that licensed real estate brokers are permitted to perform some duties of an escrow agent without an escrow license when they are involved in a real estate transaction.
Step-by-step explanation:
The question pertains to Oregon Law and the responsibilities and limitations of a real estate broker's role as an escrow agent. According to Oregon Law, specifically ORS 696.511, a licensed real estate broker is allowed to perform the actions of an escrow agent without holding a separate escrow license, provided that they are engaged in a real estate transaction where they are also acting as the broker for one of the parties involved.
However, they must comply with specific regulations and limitations that are set forth to ensure proper conduct and to protect the interests of the parties involved in the transaction. Ultimately, the statement is True, as real estate brokers in Oregon may indeed perform certain escrow activities in accordance with law and while engaging in a real estate transaction.