Oregon Real Estate Practice Test 2025 – Your All-in-One Guide to Exam Success!

The term “property title” generally refers to a document indicating ownership of a property. This title serves as legal proof of ownership, establishing who has the rights to the property. It encompasses details such as the property description, the owner's name, and any liens or encumbrances that may exist against the property. A valid title is essential for anyone wishing to sell or transfer ownership of real estate, as it provides assurance to buyers that the seller has the right to sell the property and that there are no unresolved claims against it.

In contrast, the other options pertain to different aspects of real estate. A summary of property taxes relates specifically to the financial obligations tied to property ownership but does not define ownership itself. The legal framework for renting properties refers to the regulations governing landlord-tenant relationships, which do not directly relate to title ownership. Lastly, a marketing strategy for selling homes involves promotional approaches and techniques to sell properties, which is separate from the concept of ownership that constitutes a property title. Thus, the definition of property title is fundamentally grounded in ownership and the legal documentation that supports it.