Senate Bill 485 gives the Oregon Real Estate Agency the ability to issue cease and desist orders or to enjoin unlicensed individuals who engage in professional real estate activity without a license.
(OnlineEd – Portland, OR) – The Oregon Real Estate Agency requires broker, principal broker, and property manager licensee’s who have been inactive for two consecutive years preceding their request to reactivate their license to pass a reactivation exam. All reactivation exams consists of 48 multiple-choice questions. A score of 75% (36 correctly answered questions) is required to pass. […]
Oregon’s new rules for real estate licensee continuing education became effective on January 1, 2011. To get ready for the rule change, Oregon began certifying continuing education providers on July 1, 2010. Only providers who meet the requirements of the new rules will be certified.
Beginning January 1, 2011 only an Oregon Real Estate Board “Certified Continuing Education Provider” can offer continuing education to Oregon brokers, principal brokers, and property managers. The certifying licensee currently responsible for certifying continuing education will no longer be required and all licensees will self-certify their education as part of the license renewal process.
The Oregon Real Estate Agency is changing its principal broker licensing law. The law change becomes effective January 1, 2011 and is a result of Senate Bill 640 (“SB 640”). The Bill requires that only an Oregon Real Estate Agency Certified Continuing Education Provider can offer the required 40-hour principal broker licensing course.