OAR 863-024-0050
License Renewal

(1) A licensee may only submit a license renewal application and pay the fee using an online application process, which is available through the Agency’s website.
(2) For purposes of this rule, “received by the Agency” means the date the licensee completed the online renewal process and paid the fee required under ORS 696.270 (Fees)
(3) A property manager license expires if a licensee fails to renew the license on or before the license expiration date. A licensee may not engage in the management of rental real estate after a license expires. A licensed property manager may renew an expired license as provided in this rule.
(4) The Agency may renew an active property manager license to active status for the term prescribed in OAR 863-024-0030 (License Issue, Term, Form) when the Agency has received the following:
(a) The renewal fee authorized by ORS 696.270 (Fees); and
(b) An online active renewal application requesting active license status that includes course information by the licensee demonstrating that the licensee has met the license renewal continuing education requirements under section OAR 863-020-0010 (License Renewal Continuing Education Requirements).
(5) The Agency may renew an active property manager license to inactive status for the term prescribed in OAR 863-024-0030 (License Issue, Term, Form), when the Agency has received the following:
(a) The renewal fee authorized by ORS 696.270 (Fees); and
(b) An online inactive renewal application.
(6) The Agency may renew an inactive property manager license to inactive status for the term prescribed in OAR 863-024-0030 (License Issue, Term, Form) when the Agency has received the following:
(a) The renewal fee authorized by ORS 696.270 (Fees); and
(b) An online inactive renewal application.
(7) The Agency may renew an inactive property manager license to active status for the term prescribed in OAR 863-024-0030 (License Issue, Term, Form), when the Agency has received the following:
(a) The renewal fee authorized by ORS 696.270 (Fees);
(b) An online active renewal application that includes course information by the licensee demonstrating that the licensee has met the license renewal continuing education requirements under OAR 863-020-0010 (License Renewal Continuing Education Requirements); and
(c) The online license transfer application completed by the receiving principal broker or licensed property manager per OAR 863-024-0063 (Property Manager License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name). If the renewing licensed property manager wishes to manage rental real estate under a new registered business name, the licensed property manager must also register a business under OAR 863-024-0095 (Business Name Registration).
(8) The Agency may renew an expired property manager license to active status when the Agency receives, within one year of the date the license expired, the following:
(a) The renewal fee and a late fee authorized by ORS 696.270 (Fees);
(b) An online active renewal application that includes course information by the licensee demonstrating that the licensee met the license renewal continuing education requirements under section OAR 863-020-0010 (License Renewal Continuing Education Requirements); and
(c) The online license transfer application completed by the receiving principal broker or licensed property manager per OAR 863-024-0063 (Property Manager License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name). If the renewing property manager wishes to manage rental real estate under a new registered business name, the property manager must also register a business under OAR 863-024-0095 (Business Name Registration).
(9) The Agency may renew an expired property manager license to inactive status when the Agency receives, within one year of the date the license expired, the following:
(a) The renewal fee and a late fee authorized by ORS 696.270 (Fees); and
(b) An online inactive renewal application.
(10) When the Agency renews an expired license, the renewed license is effective the date the renewal requirements are met. The renewal is not retroactive to the date the license expired, and the expired license retains the status of expired during the expiration period.
(11) A license renewed under this rule expires two years from the date of the original expiration date.
(12) A real estate license that has expired for more than one year is lapsed, as defined in ORS 696.010 (Definitions).
(13) A license may not be renewed if it is lapsed, surrendered, suspended, or revoked. Except as provided in OAR 863-024-0075 (Reissuing Suspended License), the former licensee must reapply and meet all the licensing qualifications required of new license applicants.

Source: Rule 863-024-0050 — License Renewal, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=863-024-0050.

Last Updated

Jun. 8, 2021

Rule 863-024-0050’s source at or​.us