OAR 863-015-0175
Reporting Litigation Involving Licensees
(1)
A real estate licensee must notify the Commissioner of the following:(a)
Any criminal conviction (felony or misdemeanor), including a “no contest” plea or bail forfeiture;(b)
Any adverse decision or judgment resulting from any civil or criminal suit or action or arbitration proceeding or any administrative or Oregon State Bar proceeding related to the licensee in which the licensee was named as a party and against whom allegations concerning any business conduct or professional real estate activity is asserted; and(c)
Any adverse decision or judgment resulting from any other criminal or civil proceeding that reflects adversely on the “trustworthy and competent” requirements contained in ORS Chapter 696 (Real Estate and Escrow Activities) and its implementing rules.(2)
The Agency’s administrative proceeding determinations are not subject to this rule’s notification requirements.(3)
The notification required by this rule must be in writing and must include a brief description of the circumstances involved, the names of the parties, and a copy of the adverse decision, judgment, or award and, in the case of a criminal conviction, a copy of the sentencing order. If any such judgment, award, or decision is appealed, each subsequent appellate court decision is subject to this rule’s notification requirements.(4)
The notification required by this rule must be made within twenty 20 calendar days after receiving written notification of an adverse judgment, award, or decision described in this rule. Notification must be made under this rule whether or not the decision is appealed.(5)
Arbitration proceedings between licensees concerning only a commission payment dispute are not subject to this rule’s notification requirements.
Source:
Rule 863-015-0175 — Reporting Litigation Involving Licensees, https://secure.sos.state.or.us/oard/view.action?ruleNumber=863-015-0175.