OAR 863-022-0005
Definitions


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

(1)

“Agency” means the Oregon Real Estate Agency.

(2)

“Associated broker” means a broker that is “associated with,” as that term is defined in ORS 696.010 (Definitions), a principal real estate broker.

(3)

“Board” means the Oregon Real Estate Board.

(4)

“Certified 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 under 863-020-0035 (Courses Offered by Continuing Education Providers) and 863-020-0040 (Certain Courses Required for License Renewal that are Also Eligible for Continuing Education Credit). The continuing education courses are taught by an instructor.

(5)

“Clock-hour” is a 60-minute hour, excluding meal or rest breaks.

(6)

“Commissioner” means the Real Estate Commissioner.

(7)

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

(8)

“In-state community colleges, colleges, and universities” means:

(a)

Campuses and centers that are part of an accredited public university listed in ORS 352.002 (Public universities);

(b)

Oregon community colleges established and operated under ORS Chapter 341 (Community Colleges); and

(c)

Accredited private and independent institutions of higher education, as that term is defined in ORS 352.720, that are located in Oregon.

(9)

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

(10)

“Private career schools” means private career schools licensed by the Oregon Department of Education and approved by the Agency to provide the 150-hour real estate license applicant course of study under OAR 863-022-0010 (Course Requirements for Real Estate Broker License Applicants), the 60-hour property manager license applicant courses under 863-022-0015 (Course Requirements for Property Manager License Applicants), or both.

(11)

“Principal broker” means “principal real estate broker,” as defined in ORS 696.010 (Definitions).

(12)

“Property manager” means “licensed real estate property manager,” as defined in ORS 696.010 (Definitions).

(13)

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

(14)

“Real estate licensee” is defined in ORS 696.010 (Definitions).
Last Updated

Jun. 8, 2021

Rule 863-022-0005’s source at or​.us