Oregon Real Estate Practice Test (Free)
The Oregon real estate broker exam has 130 questions and a 4 hours limit. Below are the exact numbers the OR exam uses, and a free practice test to see where you stand.
The Oregon exam at a glance
- License
- Real Estate Broker
- Administered by
- PSI Services LLC (PSI), under contract with the Oregon Real Estate Agency
- Total questions
- 130 (80 national and 50 Oregon-specific)
- Time limit
- 4 hours
- Passing score
- At least 75% on each of the two sections, scored separately. You must pass both the 80-question national section and the 50-question state section. The bulletin sets the pass line as a percentage rather than raw item counts, so the arithmetic thresholds are 60 correct of 80 on the national section (75% of 80) and 38 correct of 50 on the state section (75% of 50 rounds up from 37.5). A passing score on one section stays valid for 12 months while you retake the failed section; if the other section is not passed within 12 months, both sections must be retaken.
- How it is taken
- Computer-based, either at a PSI test center in Oregon or by remote online proctoring through PSI. Scores appear on screen immediately after the exam and a score report is emailed.
- If you fail
- You cannot schedule a new appointment the same day you test, because PSI needs a day to process results; a candidate who fails on a Wednesday can call Thursday and retest as soon as Friday if space is available. Each attempt costs the full $75 exam fee, and there is no published limit on the number of attempts. If you pass only one section, only the failed section is retaken, and the passed section's score is good for 12 months. Passing scores are valid for one year from the date of passing; you must activate your license within that year or retake the exam.
What Oregon requires before you can sit the exam
- Minimum age
- 18+
- Pre-license education
- 150 hours
- Real Estate Law: 30 clock hours, with a 60-question final examination.
- Oregon Real Estate Practice: 30 clock hours, with a 60-question final examination.
- Real Estate Finance: 30 clock hours, with a 60-question final examination.
- Contracts: 15 clock hours, with a 30-question final examination.
- Agency Law: 15 clock hours, with a 30-question final examination.
- Property Management: 10 clock hours, with a 20-question final examination.
- Real Estate Brokerage: 20 clock hours, with a 40-question final examination. Course finals must be passed at 75% or better, and only courses completed on or after January 1, 2013 count.
- Exam / application fee
- $75
- License term
- 2 years
- Background check
- Fingerprints and a criminal history check are required.
Free Oregon practice questions
10 questions written for the Oregon exam, drawn from 12 in the ApexAgent bank. The correct answer and the reasoning are under each one.
1. In Oregon, what is the entry-level real estate license called?
- A. Real estate salesperson license
- B. Real estate broker license ✓
- C. Real estate associate license
- D. Principal real estate broker license
Why: Oregon does not issue a salesperson or associate license. ORS 696.010 defines a real estate broker as an individual who holds an active broker license, and ORS 696.020 requires that license before a person may engage in professional real estate activity. The Oregon Real Estate Agency's broker licensing page states plainly that a broker license is the entry-level license in Oregon. A principal broker license is the higher license, requiring three years of active licensed experience under ORS 696.010 and OAR 863-014-0040.
2. Under Oregon law, a person must hold an active real estate license before engaging in professional real estate activity. Which statute imposes that requirement?
- A. ORS 696.301
- B. ORS 696.020 ✓
- C. ORS 696.375
- D. ORS 696.845
Why: ORS 696.020, License required for individuals engaged in professional real estate activities, provides that an individual may not engage in, carry on, advertise or purport to engage in professional real estate activity within Oregon without an active license. ORS 696.301 sets grounds for discipline, ORS 696.375 establishes the Real Estate Agency, and ORS 696.845 concerns the acknowledgment of existing agency relationships.
3. The term 'professional real estate activity,' which defines the conduct that requires an Oregon license, is defined in which provision?
- A. ORS 696.010 ✓
- B. ORS 696.385
- C. ORS 696.990
- D. OAR 863-014-0035
Why: ORS 696.010 defines professional real estate activity as a list of acts performed for another and for compensation, or with the intention or expectation of compensation, including selling, listing, negotiating, managing rental real estate, and performing real estate marketing activity. ORS 696.385 is the Agency's rulemaking authority, ORS 696.990 sets civil penalties for unlicensed activity, and OAR 863-014-0035 lists the steps to obtain a broker license.
4. Which Oregon entity issues real estate licenses and is headed by the Real Estate Commissioner?
- A. The Oregon Real Estate Board
- B. The Oregon Real Estate Agency ✓
- C. The Oregon Department of Consumer and Business Services
- D. The Oregon Board of Realtors
Why: ORS 696.375 establishes the Real Estate Agency as the state agency that licenses and regulates brokers, principal brokers and property managers, and the Real Estate Commissioner administers it. The Oregon Real Estate Board is a separate body that, among other things, develops the content of the Law and Rule Required Course under OAR 863-022-0055. The Oregon Real Estate Board is not the licensing authority.
5. An Oregon principal broker receives a buyer's earnest money in a sales transaction and does not place it with a licensed neutral escrow depository. Where must the funds be held?
- A. In the broker's general business operating account
- B. In a federally insured clients' trust account designated under Oregon law ✓
- C. In the seller's personal bank account
- D. In a brokerage promotional account approved by the principal broker
Why: ORS 696.241(3) requires a principal broker who receives or handles trust funds and does not deposit them in a licensed neutral escrow depository to open and maintain one or more separate federally insured accounts designated as clients' trust accounts under ORS 696.245, and to place the funds there immediately under the written agreement of the parties having an interest in the funds. ORS 696.241(5) then prohibits commingling those funds with other money, except for earned interest and earned compensation as that section allows.
6. Under ORS 696.241, when is an Oregon principal broker entitled to take earnest money or other money held as compensation from a clients' trust account in a sales transaction?
- A. As soon as the offer to purchase is signed by the buyer
- B. When the broker's commission invoice is generated
- C. Only after the transaction has been completed or terminated ✓
- D. Whenever the principal broker and seller agree verbally
Why: ORS 696.241 provides that in connection with a real estate sales, purchase or exchange transaction a principal broker is not entitled to any part of the earnest money or other money paid as part or all of the broker's compensation until the transaction has been completed or terminated. Any agreement about the disposition of forfeited earnest money must be negotiated and agreed in writing when the seller executes the listing or earnest money agreement.
7. Under Oregon law, what is the maximum duration of a listing agreement between a seller and a real estate licensee, counting any automatic renewals?
- A. 12 months
- B. 18 months
- C. 24 months ✓
- D. 36 months
Why: ORS 696.805(2) provides that a real estate licensee may not enter into a listing agreement if its duration, including any automatic renewals, exceeds 24 months. ORS 696.805(1) also requires that a seller's listing agreement be in writing, be entered into before the licensee begins offering the property or seeking a buyer, state whether it is exclusive or nonexclusive, and describe the seller's agent's legal obligations.
8. A buyer's agent in Oregon owes the buyer a duty of confidentiality. According to ORS 696.810, how long does that duty last?
- A. Only until the buyer makes an offer
- B. Until closing of the transaction
- C. For one year after closing
- D. Even after the agency relationship ends, except under subpoena or court order ✓
Why: ORS 696.810(3) lists the affirmative duties a buyer's agent owes the buyer, including the duty to maintain confidential information from or about the buyer except under subpoena or court order, even after termination of the agency relationship. ORS 696.810 defines confidential information by reference to ORS 696.800(3), which covers price, terms, financial qualifications and motivation communicated regarding the transaction.
9. In Oregon, under what arrangement may a single real estate licensee represent both the seller and the buyer in the same transaction?
- A. Under a disclosed limited agency agreement with full disclosure of the relationship ✓
- B. Under a standard listing agreement signed only by the seller
- C. Under an oral dual agency agreement confirmed at closing
- D. Oregon law prohibits a licensee from ever representing both parties
Why: ORS 696.815(1) allows a real estate licensee to represent both the seller and the buyer in a real estate transaction under a disclosed limited agency agreement, with full disclosure of the relationship. ORS 696.800(4) defines disclosed limited agency as one in which representation of a buyer and seller, or of two or more buyers, occurs within the same real estate business. Under ORS 696.815(3), when brokers associated with the same principal broker act for different parties, the principal broker is the only broker acting as a disclosed limited agent for both.
10. When must an Oregon broker or principal broker give the Initial Agency Disclosure Pamphlet to a consumer the broker will represent?
- A. Only after a written offer is accepted
- B. At the time the transaction closes
- C. At first contact with the consumer ✓
- D. Within 10 days of signing a listing agreement
Why: ORS 696.820 requires an agent to provide the Initial Agency Disclosure Pamphlet, and OAR 863-015-0215 specifies that the agent must provide a copy at first contact with each represented party to a real property transaction. First contact means the point at which the agent has enough contact information about the person to be able to provide the pamphlet, whether the contact is by telephone, internet, email, in person or a similar method. The pamphlet is informational only and may not be construed as evidence of intent to create an agency relationship.
Want more Oregon-specific questions? Practice the full Oregon state-law set.
Frequently asked questions
- What is Oregon's entry-level real estate license, and how is the exam structured?
- Oregon has no salesperson license. The entry-level license is the real estate broker license, and a broker must work while associated with and supervised by a managing principal broker. The license exam is delivered by PSI in two separately scored sections: a 50-question Oregon state section and an 80-question national section, for 130 scored questions total, with 90 minutes for the state section and 150 minutes for the national section. You must pass both sections to satisfy the exam requirement.
- What score do you need to pass the Oregon broker exam?
- You need at least 75% on each section, and the sections are scored independently. That works out to a minimum of 60 correct answers on the 80-question national section and 38 correct answers on the 50-question state section. Passing one section does not pass the exam; the state section alone will not clear you for licensure. A score for a passed section is good for 12 months, so if you fail one section you may retake only that section, but if you do not pass the other section within a year, both sections must be retaken.
- What are the 150 hours of Oregon pre-license education?
- Oregon requires 150 clock hours in seven named courses from an Agency-approved school. The courses and hours are Real Estate Law (30), Oregon Real Estate Practice (30), Real Estate Finance (30), Contracts (15), Agency Law (15), Property Management (10), and Real Estate Brokerage (20). Each course ends in a final examination that must be passed at 75% or better. You must apply for your license in the Agency's eLicense system and pay the $300 application fee first, receive an Applicant ID, and give that Applicant ID to your school; the school then notifies PSI that you are eligible to sit the exam. Only coursework completed on or after January 1, 2013 counts.
- How much does it cost to get an Oregon real estate license, and how long is the license good for?
- The Oregon Real Estate Agency charges a $300 nonrefundable application fee, paid in eLicense when you apply. PSI charges $75 per exam attempt, and the fingerprint background check costs $61.25 paid at the test center ($46.25 for Oregon State Police processing plus a $15 PSI processing fee). Your license expiration is set by your birth month, so your first license period will be at least 13 months but less than 24 months; every renewal after that runs for 24 months. An active renewal costs $300 and an inactive renewal costs $150. Active renewal requires continuing education.
- Can you retake the Oregon exam, and what happens if your testing window runs out?
- Yes. If you fail a section you cannot reschedule the same day, but you can call PSI the next day and, if space is available, retest as soon as the following day, paying the $75 fee again. There is no published cap on the number of attempts. The clock that matters is the one-year validity of your passing scores: PSI reports a passing score directly to the Agency, and the Agency can only issue your license while both your exam score and your fingerprint background clearance are valid, each of which lasts one year from when it was obtained. If your background check has not cleared before the scores expire, you have to sit the exam again.
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- Oregon Real Estate Agency, Broker Licensing (broker is the entry-level license; be 18 with a high school diploma, GED or international equivalent; apply in eLicense and pay the $300 nonrefundable application fee first; complete 150 hours of Agency-approved pre-license education and give the school your Applicant ID; only courses completed on or after January 1, 2013 count; schedule and pay the exam with PSI; pass both sections; pay and be fingerprinted at a PSI test center; exam scores and background clearances are each good for one year; license expiration is set by birth month, first period at least 13 but under 24 months, then 24 months) (verified 2026-10-03)
- PSI Services LLC, Oregon Real Estate Agency Real Estate Broker, Principal Broker, Timeshare and Property Manager Examination Candidate Information Bulletin (updated 2026-01-01; Exam Summary Table: Broker National 80 items / 150 minutes, Broker State 50 items / 90 minutes; a score of 75% is required to pass all real estate examinations and both sections must be passed; exam fee $75 valid for one year; pass one section and the score is good for 12 months; fingerprinting fee $61.25 paid to PSI at the exam site; 5 to 10 unscored experimental questions may be added and these count against examination time; cannot schedule a retake the same day) (verified 2026-10-03)
- PSI test center program data sheet for the Oregon Real Estate Agency (exam titles, testing time and item counts listed as: OR Broker National 120 minutes / 80 items and State 75 minutes / 50 items; OR Broker/Principal Broker Reactivations 120 minutes / 48 items; retest fee $75 per exam combined or split portions). Used only as the conflicting time-table source flagged in notes. (verified 2026-10-03)
- Oregon Administrative Rules, OAR 863-022-0010, Course Requirements for Real Estate Broker License Applicants (150 clock hours in seven named courses: Real Estate Law 30 hours/60-question final; Oregon Real Estate Practice 30/60; Real Estate Finance 30/60; Contracts 15/30; Agency Law 15/30; Property Management 10/20; Real Estate Brokerage 20/40; each course final passed at 75% minimum; pre-license courses are not eligible for continuing education credit) (verified 2026-10-03)
- Oregon Administrative Rules, OAR 863-014-0035, Real Estate Broker Licensing Requirements (order of steps: submit the online license application and pay the fee, complete the required courses, have the school certify completion to the exam provider, pay the exam provider and pass the real estate broker exam, provide fingerprints and pay the fingerprint fee; the Agency then runs the background check; a broker must be associated with a managing principal broker who transfers the license to the registered business name) (verified 2026-10-03)
- Oregon Administrative Rules, OAR 863-020-0010, License Renewal Continuing Education Requirements (to renew active: at least 26 hours of eligible continuing education plus the Law and Rule Required Course and the State and Federal Fair Housing Course during the two years preceding renewal; first active renewal or first reactivation requires the 26-hour advanced practices course for the license type, plus the Law and Rule Required Course and the fair housing course) (verified 2026-10-03)
- Oregon Real Estate Agency, Your Guide to Real Estate Continuing Education (brokers, principal brokers and property managers must take at least 30 hours of continuing education to renew an active license under ORS 696.174 to 696.184; first active renewal requires the 27-hour advanced practices course plus the 3-hour Law and Rule Required Course; keep certificates of attendance for 3 years) (verified 2026-10-03)
- Oregon Real Estate Agency, Renew Your Real Estate License (renew in eLicense starting the first day of the month the license expires; active renewal $300 with the required continuing education; inactive renewal $150 with no continuing education; late renewal adds a $150 late fee and allows one year to renew late) (verified 2026-10-03)
- Oregon Revised Statutes, Chapter 696, Real Estate and Escrow Activities (ORS 696.010 definitions including real estate broker and professional real estate activity; 696.020 license required; 696.022 licensing system; 696.174 to 696.184 continuing education; 696.241 clients' trust accounts and commingling; 696.301 grounds for discipline; 696.375 Real Estate Agency; 696.800 to 696.845 agency definitions, seller's agent, buyer's agent, disclosed limited agency, agency disclosure pamphlet and acknowledgment of agency relationships; 696.990 penalties) (verified 2026-10-03)
- Oregon Real Estate Agency, Initial Agency Disclosure Pamphlet (a broker or principal broker must give a copy of the pamphlet at first contact with each consumer the broker will represent; Oregon recognizes three agency relationships, seller's agent, buyer's agent and disclosed limited agent, the last requiring the written permission of all clients; actual agency relationships must be acknowledged at the time an offer to purchase is made) (verified 2026-10-03)
- Oregon Real Estate Agency, Reactivation Exam Information (a licensee whose license has been inactive for two or more consecutive years must pass a reactivation exam; the broker reactivation exam is 48 multiple-choice questions with a 75% pass score; passing scores are only good for one year) (verified 2026-10-03)
- Exam details are checked against the Oregon Real Estate Agency (OREA), under the Real Estate Commissioner, with the Oregon Real Estate Board and its testing vendor. Always confirm current requirements with the board before your exam.