Oregon Real Estate Practice Test

Is it permissible for a principal broker to maintain multiple office locations?

1. No, they can only have one office

2. Yes, but they must designate one as the main office

3. Yes, but not more than three offices

4. No, all branches must be under another broker

The correct answer is: Yes, but they must designate one as the main office

A principal broker is allowed to maintain multiple office locations, but they are required to designate one as the main office. This stipulation ensures that there is a central point of operation and accountability for all business conducted under the broker's license. Having a main office helps to streamline communication and oversight, enabling better management of the different locations. The requirement for a main office mitigates potential confusion among clients and ensures compliance with state regulations regarding brokerage operations. This framework promotes a structured approach to real estate transactions across the various offices, essentially tying them back to the primary location where the main broker's record-keeping and administrative activities are managed. The other options do not align with the regulatory framework in Oregon, as they either suggest a restriction that does not exist or misunderstand the nature of real estate office operations in the state.