Pass Your Oregon Real Estate Exam the First Time

Oregon's unique property tax system (Measures 5 and 50) and strict state-wide land-use laws are highly technical.

Questions

130

80 NAT / 50 STATE

To Pass

75%

~98 / 130 TO PASS

Time Limit

4 Hrs

240 TOTAL MINUTES

Provider

PSI

OREA

Pass your Oregon Broker or Principal Broker License

Oregon was the first state in the country to require statewide land use planning, and the exam tests the regulatory consequences of that decision across every property transaction type.

No national prep course covers Oregon’s land use planning system in detail, because no other state has adopted the same approach. AI generated question banks are trained on content where comprehensive planning is a local government option, not a statewide mandate. The Oregon exam tests a regulatory environment that is unique to this state and requires Oregon specific preparation.

The License Professor is written by licensed Oregon professionals who built questions around PSI state portion priorities. Every question on Oregon land use requirements, property tax rules, and water rights is grounded in Oregon statute.

Oregon Sample Exams

Experience the real study interface — no account required.

Broker

Individuals new to real estate who want to start their career helping clients buy and sell property

Principal Broker

Experienced professionals who want to manage a brokerage office and supervise other agents

Three Topics that Trip Up Oregon Students Most

Property Taxes (Measure 5/50)

Measure 5 caps tax rates at $5/$10 per $1,000 of real market value, while Measure 50 froze assessed values at 90% of 1995-96 levels with a 3% annual growth cap — the exam tests how these two measures interact to determine actual tax bills.

Read more

Agency Disclosure

Oregon requires specific written agency disclosure forms at defined points, and students confuse the timing requirements and differences between seller’s agent, buyer’s agent, and disclosed limited agent under Oregon’s statutory framework.

Water Rights

Oregon follows prior appropriation with a "use it or lose it" rule requiring beneficial use at least once every five years or the right is forfeited — the exam tests that water rights transfer with the land unless specifically severed.

The Oregon Real Estate License Professor includes specialized deep dives for each of these.

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Oregon Real Estate Practice Questions

Sample questions from the Oregon real estate exam — with answers and explanations.

1. An Oregon homeowner records a Declaration of Homestead with the county clerk, believing it's required to protect their equity from a judgment creditor. Under ORS 18.395, was that filing necessary?

  1. A.Yes, without it the homestead exemption would not apply at all
  2. B.No; Oregon's homestead exemption is effective automatically, without the necessity of any claim or recorded declaration
  3. C.Yes, but only because the property is a manufactured home on rented land
  4. D.No, because Oregon does not recognize any homestead exemption
Explanation: ORS 18.395 states the exemption is effective automatically, without the necessity of a claim. Oregon does allow an optional Declaration of Homestead to be recorded, but it isn't required, the homestead exemption would have applied to this property either way.

2. A California real estate broker relocates to Oregon with a valid California license. Can they immediately practice in Oregon?

  1. A.No, they must apply for an Oregon license and meet all state requirements
  2. B.Yes, they can work under their California license for 90 days
  3. C.Yes, California and Oregon have reciprocal licensing agreements
  4. D.No, they must wait one year before applying for an Oregon license
Explanation: Oregon does not recognize out-of-state licenses or offer reciprocity. Brokers relocating to Oregon must apply for an Oregon license and satisfy all state-specific requirements, including education, exams, and background checks.

3. A tenant with a disability requests a reasonable accommodation for an emotional support animal despite a no-pets lease clause. Must the landlord comply?

  1. A.Yes, unless the animal poses direct threat or undue financial burden
  2. B.Only if it's a service animal under the ADA
  3. C.Only for dogs and miniature horses
  4. D.No; the lease prohibits all pets
Explanation: Under the Fair Housing Act, landlords must make reasonable accommodations for emotional support animals as disability assistance, even if the lease prohibits pets. The exception is when the animal poses a direct threat to health/safety or creates undue financial/administrative burden.

Oregon Real Estate Exam Structure: What to Expect

The Oregon Broker exam combines 80 national questions and 50 state-specific questions in 240 minutes.

Question breakdown

National portion: 80 questions, 60 correct to pass (75%)

Standard PSI national content.

Oregon portion: 50 questions, 38 correct to pass (75%)

Topics:

  • OR license law (10-12 questions)
  • Statewide Planning Goals and UGBs (8-10 questions)
  • Agency relationships (6-8 questions)
  • Property disclosures (5-7 questions)
  • Trust accounts (4-6 questions)
  • Real estate practice (5-7 questions)

Time management

240 minutes for 130 questions = 110 seconds per question. Generous.

Cost structure

  • Pre-licensing (150 hours): $500-$1,000
  • Exam: $75
  • License application: $300 (OREA broker license application fee)
  • Background check: ~$50
  • Total: $925-$1,425

Retake rules

Retakes allowed. $75 per attempt.

Topics Covered on the Oregon Real Estate Exam

National Exam Topics (80 questions)

  1. Property Ownership — Estates, deeds, easements
  2. Land Use Controls — Zoning, government powers
  3. Valuation — Three approaches, CMA
  4. Financing — Mortgages, FHA/VA, RESPA, TILA
  5. Agency — National agency principles
  6. Contracts — Listing agreements, purchase contracts
  7. Closing — Closing procedures, prorations
  8. Practice — Working with buyers and sellers, fair housing, math

Oregon State Exam Topics (50 questions)

  1. Oregon License Law (Chapter 696) — OREA rules, Broker categories
  2. Statewide Planning Goals — Land use planning system
  3. Urban Growth Boundaries — Containment of urban development
  4. Agency Relationships — Oregon disclosure requirements
  5. Trust Accounts — Broker trust account rules
  6. Property Disclosures — Oregon-specific requirements

Why this list matters

Each state topic generates 4-10 questions. Statewide Planning Goals and UGBs together generate 8-10 questions — major Oregon-specific content.

What this list doesn't tell you

PSI writes scenario-based questions. Practice questions, not just topic review.

Oregon Exam FAQ

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