OAR 863-024-0085
Authorization to Control Property Manager’s Business

(1) A real estate property manager may authorize another real estate property manager to control and supervise his or her business managing rental real estate during the real estate property manager’s absence for a period not to exceed 90 days.

(2) Both licensees have joint responsibility for all management of rental real estate conducted during the authorizing property manager’s absence.

(3) The written authorization required by this rule must contain the following information:

(a) The authorizing property manager’s authorization, including the effective date and termination date of such authorization, which may not exceed 90 days;

(b) An affirmation by the supervising property manager acknowledging that the property manager accepts the supervisory responsibility, and

(c) An affirmation by both real estate property managers acknowledging that they are jointly responsible for all management of rental real estate during the dates of the authorization.

(4) The authorizing property manager may end the authorization before the termination date by filing an amended authorization before the termination date.

(5) The written authorization required by this rule must be received by the Agency before the effective date of such authorization on an Agency-approved form. The Commissioner may allow a later filing for good cause shown.

(6) The Agency will maintain the written authorization as an Agency record.

(7) This rule provides an exception to OAR 863-014-0095 (Business Name Registration)(7) and 863-024-0095 (Business Name Registration), which prohibits a real estate property manager from engaging in the management of rental real estate under more than one registered business name. That is, a supervising real estate property manager may manage rental real estate under both the authorizing property manager’s registered business name and the supervising property manager’s registered business name if the parties meet the requirements contained in this rule. This exception does not allow a real estate property manager to manage rental real estate under more than these two registered business names.

Source: Rule 863-024-0085 — Authorization to Control Property Manager’s Business, https://secure.sos.state.or.us/oard/view.action?ruleNumber=863-024-0085.

863‑024‑0000
Application and Purpose 863‑024‑0003
Definitions 863‑024‑0010
License Application Content 863‑024‑0015
Background Check and Fingerprint Requirements 863‑024‑0020
Examinations 863‑024‑0030
License Issue, Term, Form 863‑024‑0045
Property Manager Licensing Requirements 863‑024‑0050
License Renewal 863‑024‑0054
Temporary Authorization for Armed Forces Spouses or Domestic Partners 863‑024‑0060
Limited Licenses and Renewal 863‑024‑0061
Affiliated and Subsidiary Organizations 863‑024‑0062
Mailing Address, Email Address, Address Change, Service of Notice 863‑024‑0063
Property Manager License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name 863‑024‑0065
Inactive License, License Reactivation 863‑024‑0066
Licensee Name Change 863‑024‑0067
Alternative Name Registration 863‑024‑0070
License Surrender 863‑024‑0075
Reissuing Suspended License 863‑024‑0076
Signature Requirements 863‑024‑0085
Authorization to Control Property Manager’s Business 863‑024‑0095
Business Name Registration 863‑024‑0097
Registered Business Name Renewal 863‑024‑0100
Branch Office Registration 863‑024‑0120
Deceased or Incapacitated Property Manager

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

OAR 863-024-0085 Authorization to Control Property Manager’s Business

OAR 863-024-0085
Authorization to Control Property Manager’s Business