OAR 863-014-0030
License Issue, Term and Form

(1) The Agency will issue a real estate license to an applicant after determining that the applicant meets the license requirements contained in ORS 696.022 (Licensing system for real estate brokers and property managers) and 696.790 (Authority of commissioner to require fingerprints), has paid all required fees, and meets:
(a) The requirements under OAR 863-014-0035 (Real Estate Broker Licensing Requirements) for real estate broker license applicant; or
(b) The requirements under OAR 863-014-0040 (Principal Real Estate Broker Licensing Requirements) for a principal broker license applicant.
(2) A licensee may engage in professional real estate activities allowed for that license by ORS Chapter 696 (Real Estate and Escrow Activities) and OAR chapter 863 from the date the license is issued until the license expires, becomes inactive, or is revoked, surrendered, or suspended.
(3) A licensee may hold only one of the following Oregon real estate licenses at any time:
(a) Real estate broker;
(b) Principal real estate broker; or
(c) Real estate property manager.
(4) The license expiration date is the last day of the licensee’s birth month.
(5) The Agency issues an initial license for a term determined by the licensee’s birth month and license issuance date. The initial license term is at minimum 13 months and at most 24 months and 30 days.
(a) If the license is not issued in licensee’s birth month, the initial license term will start on the license issue date and end 12 months after first occurrence of the last day of the licensee’s birth month.
(b) If the license is issued in the licensee’s birth month, the initial license term starts on the license issue date and ends 24 months after the first occurrence of the last day of the licensee’s birth month.
(6) The Agency will renew an active or inactive license for a term of 24 months from the last license expiration date.
(7) The Agency will renew an expired license under OAR 863-014-0050 (License Renewal) for a term that will start on the license renewal date and end 24 months from the last license expiration date.
(8) The license will include the following information:
(a) The licensee’s legal name;
(b) The license number and expiration date;
(c) The registered business name under which the licensee conducts professional real estate activity;
(d) The licensee’s business address;
(e) The seal of the Real Estate Agency; and
(f) Any other information the Agency deems appropriate.

Source: Rule 863-014-0030 — License Issue, Term and Form, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=863-014-0030.

863‑014‑0000
Applicability and Purpose 863‑014‑0003
Definitions 863‑014‑0010
License Application Content 863‑014‑0015
Background Check Application and Fingerprint 863‑014‑0020
Examinations 863‑014‑0030
License Issue, Term and Form 863‑014‑0035
Real Estate Broker Licensing Requirements 863‑014‑0040
Principal Real Estate Broker Licensing Requirements 863‑014‑0042
Waiver of Experience Requirements 863‑014‑0050
License Renewal 863‑014‑0054
Temporary Authorization for Armed Forces Spouses or Domestic Partners 863‑014‑0060
Limited Licenses and Renewal 863‑014‑0061
Affiliated and Subsidiary Organizations 863‑014‑0062
Mailing Address, Email Address, Address Change, Service of Notice 863‑014‑0063
Real Estate License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name 863‑014‑0065
Inactive License, Change License Status to Active, License Reactivation 863‑014‑0066
Licensee Name Change 863‑014‑0067
Alternative Name Registration 863‑014‑0070
License Surrender 863‑014‑0075
Reissuing Suspended License 863‑014‑0076
Signature Requirements 863‑014‑0080
Nonresident License Recognition 863‑014‑0085
Authorization to Control Principal Broker’s Business 863‑014‑0090
Authorization to Temporarily Supervise 863‑014‑0095
Business Name Registration 863‑014‑0097
Registered Business Name Renewal 863‑014‑0100
Branch Office Registration 863‑014‑0160
Deceased or Incapacitated Principal Broker
Last Updated

Jun. 8, 2021

Rule 863-014-0030’s source at or​.us