Final answer:
Both actions: renting real estate owned by others for a fee and assisting in procuring prospective tenants for a fee, are considered professional real estate activities according to Oregon law because they involve providing services for compensation.
Step-by-step explanation:
According to Oregon law, engaging in professional real estate activity can encompass a variety of actions. In this context, both I.
A person who, for a fee, rents real estate owned by others to the public, and II. A person who, for a fee, assists owners only in procuring prospective tenants for the owner's rental property would be considered as engaging in professional real estate activities.
This is because these actions involve contractual agreements and represent a service provided for compensation, which typically falls under the purview of professional real estate operations.