OAR 863-020-0005
Definitions


As used in this division, unless the context requires otherwise:

(1)

“Agency” means the Oregon Real Estate Agency.

(2)

“Applicant” means either an individual as defined in section (7) of this rule, or a person as defined in section (10) of this rule.

(3)

“Board” means the Oregon Real Estate Board.

(4)

“Commissioner” means the Real Estate Commissioner.
(5) “Continuing education credit hour” means one hour of instruction provided by a continuing education provider.

(6)

“Continuing education provider” means a person certified by the Agency under OAR 863-020-0030 (Application for Continuing Education Provider Certification and Renewal) to offer real estate continuing education courses that are eligible for credit. The continuing education courses are taught by an instructor.

(7)

“Course identification number” means a unique four-digit identifying course number assigned by a continuing education provider.

(8)

“Individual” means a human being, not a legal entity.

(9)

“Instructor” means an individual who teaches, for a continuing education provider, a real estate continuing education course that is eligible for credit. An instructor must meet the qualifications in ORS 696.186 (Qualifications of continuing education instructors) and OAR 863-020-0060 (Continuing Education Instructor Form). The Agency does not certify instructors.

(10)

“Licensed real estate property manager” is defined in ORS 696.010 (Definitions).

(11)

“Person” means any individual, partnership, corporation, association, governmental subdivision, or public or private organization of any character other than a government agency.

(12)

“Principal real estate broker” is defined in ORS 696.010 (Definitions).

(13)

“Provider number” means a unique identifying number assigned by the Agency to a certified continuing education provider under OAR 863-020-0030 (Application for Continuing Education Provider Certification and Renewal).

(14)

“Real estate broker” is defined in ORS 696.010 (Definitions).

(15)

“Real estate licensee” is defined in ORS 696.010 (Definitions) and includes a r.eal estate broker, principal real estate broker, and a real estate property manager.

(16)

“Broker advanced practices course” means the advanced course in real estate practices provided in ORS 696.174 (License renewal).

(17)

“Property manager advanced practices course” means the advanced course in property management practices provided in ORS.696.174 (License renewal).

(18)

“Principal broker advanced practices course” means the advanced course in brokerage practices provided in ORS 696.174 (License renewal).
Last Updated

Jun. 8, 2021

Rule 863-020-0005’s source at or​.us