OAR 863-014-0042
Waiver of Experience Requirements
(1)
If an applicant for a principal real estate broker’s license has met all requirements for such license except for the experience requirement, the applicant may petition the Real Estate Board for a waiver of the three-year experience requirement contained in ORS 696.022 (Licensing system for real estate brokers and property managers), and 863-014-0040 (Principal Real Estate Broker Licensing Requirements). The petition must contain sufficient information to allow the Board to determine whether the applicant qualifies for a waiver as allowed by this rule.(2)
The applicant must file a petition to waive the experience requirement on an Agency-approved form with the Agency no later than 21 days before the scheduled Real Estate Board meeting at which the applicant wishes the Board to act.(3)
The Board may issue a waiver if the applicant:(a)
Has graduated from a four-year college or university with a degree in real estate in a curriculum approved by the Commissioner, and the applicant has held an active license as a real estate broker for a period of at least one year; or(b)
Has a two-year community college associate degree in real estate in a curriculum approved by the Commissioner, has held an active license as a real estate broker for a period of at least two years and, if the applicant is applying for a principal real estate broker license, the applicant has completed the course of study for principal real estate brokers as required by OAR 863-014-0040 (Principal Real Estate Broker Licensing Requirements); or(c)
Has had real estate-related experience equivalent to at least three years of active experience as a real estate licensee and provides written details about the nature of such experience.
Source:
Rule 863-014-0042 — Waiver of Experience Requirements, https://secure.sos.state.or.us/oard/view.action?ruleNumber=863-014-0042
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