ORS 696.995
Civil penalties for violation of ORS 696.603, 696.606 or 696.612


(1)

Any person who violates ORS 696.603 (License requirement), 696.606 (Real estate marketing organization license) or 696.612 (Grounds for disciplinary action) may be required by the Real Estate Commissioner to forfeit and pay to the General Fund of the State Treasury a civil penalty in an amount determined by the commissioner of:

(a)

Not less than $100 nor more than $500 for the first violation of ORS 696.603 (License requirement), 696.606 (Real estate marketing organization license) or 696.612 (Grounds for disciplinary action) or a rule adopted pursuant thereto; or

(b)

Not less than $500 nor more than $1,000 for the second and subsequent violations of ORS 696.603 (License requirement), 696.606 (Real estate marketing organization license) or 696.612 (Grounds for disciplinary action) or a rule adopted pursuant thereto.

(2)

In addition to the civil penalty set forth in subsection (1) of this section, any person who violates ORS 696.603 (License requirement) may be required by the commissioner to forfeit and pay to the General Fund of the State Treasury a civil penalty in an amount determined by the commissioner but not to exceed the amount by which such person profited from the transaction in violation of ORS 696.603 (License requirement).

(3)

Civil penalties under this section shall be imposed as provided in ORS 183.745 (Civil penalty procedures).

(4)

The civil penalty provisions of this section are in addition to and not in lieu of other administrative sanctions. [1995 c.217 §10]
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Chapter 696

Atty. Gen. Opinions

Sales of subdivision lots by mobile home salespeople, (1975) Vol 37, p 865; sales or offers of interests in limited partnerships to invest in real estate, (1978) Vol 38, p 1971


Source
Last accessed
May. 15, 2020