OAR 863-024-0097
Registered Business Name Renewal

(1) Only a principal broker or licensed property manager can submit a registered business name renewal application and pay the fee using an online application process, which will be available through the Agency’s website.
(2) For purposes of this rule, “received by the Agency” means the date a licensee completed the online renewal process and paid the fee required under ORS 696.270 (Fees).
(3) A registered business name that fails to renew on or before the registration expiration date will be void.
(4) If a registered business name is not renewed on or before the registration expiration date, all real estate licensees authorized to manage rental real estate under that name will be inactivated and may not engage in the management of rental real estate until transferred under OAR 863-024-0063 (Property Manager License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name).
(5) A principal broker or licensed property manager that wishes to reactivate a voided registered business name must reapply after a business name expiration as provided by OAR 863-024-0095 (Business Name Registration).
(6) When a new application of a voided registered business name has been processed and activated by the Agency, the principal broker or licensed property manager responsible for the business name may then authorize other real estate licensees to manage rental real estate under the name by completing the process under OAR 863-024-0063 (Property Manager License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name). Effective dates are not retroactive.
(7) A registered business name renewed under this rule expires one year from the date of the original expiration date.

Source: Rule 863-024-0097 — Registered Business Name Renewal, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=863-024-0097.

Last Updated

Jun. 8, 2021

Rule 863-024-0097’s source at or​.us