Question

A real estate licensee would be disciplined under ORS 696, the Real Estate License Law, for which of the following?

I. Failing to provide a written disclosure of known property defects to a buyer, resulting in the buyer's purchase of the property.

II. Making a material misrepresentation to a prospective buyer, but the buyer did not purchase the property.

III. Refusing to work with a seller due to their race, religion, or national origin.

IV. Failing to obtain a proper license for a real estate transaction.

a) I and III
b) II and IV
c) I and IV
d) II and III

Answer 1

A real estate licensee can be disciplined under ORS 696 for failing to provide a written disclosure of known property defects, refusing to work with a seller due to their race, religion, or national origin, and failing to obtain a proper license for a real estate transaction.

Step-by-step explanation:

A real estate licensee can be disciplined under ORS 696, the Real Estate License Law, for the following:

1. Failing to provide a written disclosure of known property defects to a buyer, resulting in the buyer's purchase of the property.
2. Refusing to work with a seller due to their race, religion, or national origin.
3. Failing to obtain a proper license for a real estate transaction.

Therefore, the correct answer is (a) I and III.