OAR 863-014-0065
Inactive License, Change License Status to Active, License Reactivation
(1)
A real estate licensee whose license is on inactive status may not engage in professional real estate activity.(2)
The Commissioner may reprimand, suspend, revoke, or impose a civil penalty against an inactive licensee under ORS 696.301 (Grounds for discipline).(3)
The Agency will change an active real estate license to inactive license status when the Agency receives the following:(a)
An online inactivation application available through the Agency’s website completed by the licensee to change the license status to inactive; or(b)
An online inactivation application available through the Agency’s website completed by the licensee’s principal broker to change the license status of the licensee to inactive.(4)
An inactive real estate licensee may be renewed under OAR 863-014-0050 (License Renewal).(5)
For a period of 30 days after a real estate broker license becomes inactive, the licensee may change such license status from inactive to active and be transferred by a principal broker under OAR 863-014-0063 (Real Estate License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name).(6)
Except as provided in section (7) of this rule, for a period of 30 days after the real estate license becomes inactive, the licensee may become licensed as an active principal broker only if:(a)
The licensee is qualified for such license and(b)
The licensee submits to the Agency:(A)
An Agency-approved application, and(B)
Payment of the fee authorized by ORS 696.270 (Fees).(7)
If a license has not been on active status for two or more consecutive years, the following steps must be completed in the order listed to reactivate the license:
Source:
Rule 863-014-0065 — Inactive License, Change License Status to Active, License Reactivation, https://secure.sos.state.or.us/oard/view.action?ruleNumber=863-014-0065
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