Don’t Share Your Commission With That Lawyer!

ORS 696.290 prohibits an Oregon real estate licensee from sharing a commission with someone who is not licensed

By Jeff Sorg, OnlineEd Blog

halt stop dont hand(October 23, 2015) – ORS 696.290 prohibits an Oregon real estate licensee from sharing a commission with someone who is not licensed. An attorney, while exempt from real estate licensing requirements, is an unlicensed person. Sharing your commission with an unlicensed individual is against the law, even when that individual is an attorney who sends a commission demand to escrow, unless the attorney also holds a real estate license.

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Jeff Sorg

About the Author

Jeff Sorg is a co-founder of OnlineEd®, a Web-based vocational school founded in 1997 where he also serves as Corporate Secretary, Chief Operating Officer, and School Director. Sorg holds vocational instructor licenses in Oregon, Washington, California, and Nevada and has authored numerous pre-licensing and continuing education courses. Sorg was awarded the International Distance Education Certification Center's CDEi Designation for distance education in 2008. OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.