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Section 696.007 - Statement of legislative purpose. - (2) Nothing in this section and ORS 316.209 and 656.037...
Section 696.010 - Definitions. - (1) "Associated with" means to be employed, engaged or otherwise...
Section 696.015 - Legislative finding; short title. - (2) ORS 696.010 to 696.495, 696.600 to 696.785, 696.800 to...
Section 696.020 - License required for individuals engaged in professional real estate activities; exception; rules. - (2) An individual may not engage in, carry on, advertise...
Section 696.022 - Licensing system for real estate brokers and property managers; rules. - (a) The form and content of applications for licensing under...
Section 696.024 - Payments due and owing to Real Estate Agency. - Note: See note under 696.022.
Section 696.026 - Registration and renewal of business names; rules. - (2) The registration system must: (a) Require the physical address...
Section 696.030 - Exemptions. - (1)(a) A nonlicensed individual who is a full-time employee of...
Section 696.125 - Limited license. - (a) By term; (b) To acts subject to the supervision...
Section 696.130 - Effect of revocation of license; limited license. - (b) If the license of a licensed real estate property...
Section 696.174 - License renewal; reactivation; continuing education courses; rules. - (a) At least three hours in a course approved by...
Section 696.182 - Continuing education; rules. - (2) The agency shall include in the rules that an...
Section 696.184 - Duties of continuing education provider; rules. - (a) Ensure that the courses offered by the continuing education...
Section 696.186 - Qualifications of continuing education instructors; rules. - (a) A bachelor’s degree and two years of experience working...
Section 696.200 - Main office; branch offices; change of business location. - (a) Establish and maintain in this state a place of...
Section 696.205 - Death or incapacity of sole principal real estate broker or sole licensed real estate property manager; temporary license; rules. - (2) The Real Estate Agency may adopt administrative rules to...
Section 696.232 - License status of employee of agency; reissuance upon termination of employment. - (2) During the time of employment at the agency, the...
Section 696.241 - Clients’ trust accounts; commingling of funds; branch trust account; interest earnings on trust account; when broker entitled to earnest money; funds not subject to execution; rules. - (2) A licensed real estate property manager, or a principal...
Section 696.243 - Substituting copy for original canceled check allowed; electronic fund transfers. - (2) A principal real estate broker, licensed real estate property...
Section 696.245 - Clients’ trust accounts; notice to bank and agency; retention of copy. - ______________________________________________________________________________ NOTICE OF CLIENTS’ TRUST ACCOUNT AND AUTHORIZATION TO EXAMINE...
Section 696.254 - (Nonresident and Reciprocal Real Estate Broker and Salesperson Licensing)
Section 696.255 - Nonresident license equivalent to appointment of commissioner as agent for service of process; service on commissioner; fee. - (2) If it appears by the certificate of the sheriff...
Section 696.265 - Recognition of nonresident real estate licensee; rules. - Note: 696.265 was added to and made a part of...
Section 696.270 - Fees. - (1) For each licensing examination applied for, $75. (2) For...
Section 696.280 - Records of licensed real estate property managers and real estate brokers; rules. - (2) A real estate licensee shall maintain records of the...
Section 696.290 - Sharing compensation with or paying finder’s fee to unlicensed person prohibited; exceptions. - (b) A principal real estate broker may pay a finder’s...
Section 696.292 - Limitation on demand for compensation. - Note: 696.292 was added to and made a part of...
Section 696.294 - Opinion letter; rules. - (2) The Real Estate Commissioner by rule shall specify the...
Section 696.301 - Grounds for discipline. - (1) Created a reasonable probability of damage or injury to...
Section 696.310 - Intracompany supervision and control. - (a) Execute one or more written supervisory agreements between them...
Section 696.315 - Prohibition against licensee permitting nonlicensed individual to engage in activity with or on behalf of licensee; exception. - (2)(a) A principal real estate broker engaging in the management...
Section 696.323 - Effect of violations by real estate licensee on associated licensees; contested case hearing. - (2) For purposes of a contested case hearing under ORS...
Section 696.365 - City or county business license tax. - (2) As used in this section, "business license tax" has...
Section 696.375 - Real Estate Agency; Real Estate Commissioner; confirmation, salary and security of commissioner. - (2) The Real Estate Agency shall be under the supervision...
Section 696.385 - Power of agency; rulemaking procedures. - (1) Adopt a seal by which it shall authenticate its...
Section 696.392 - Power of commissioner to administer oaths, take depositions and issue subpoenas. - (2) If any person fails to comply with a subpoena...
Section 696.395 - Power of commissioner. - (1) For the purpose of administration, organize and reorganize, as...
Section 696.396 - Investigation of complaints and progressive discipline; rules. - (2) The rules adopted by the commissioner under this section:...
Section 696.397 - Cease and desist order. - (2) A cease and desist order issued under subsection (1)...
Section 696.398 - Delegation by commissioner to employees; requirements. - (2) An official act of an individual acting in the...
Section 696.405 - Real Estate Board; appointment; term; qualifications; compensation; expenses. - (2) A member of the board is entitled to compensation...
Section 696.415 - Officers; meetings; quorum. - (2) A majority of the board shall constitute a quorum...
Section 696.425 - Powers and duties of board; expenses. - (2) The board shall make recommendations to the agency about...
Section 696.445 - Advancement of education and research; Oregon Real Estate News Journal; content as to disciplinary actions. - (2) The Real Estate Commissioner may assign and reassign staff...
Section 696.490 - Real Estate Account; disposition of receipts. - (2) The moneys in the Real Estate Account are continuously...
Section 696.495 - Revolving fund; amount; use; procedure for repayment. - (2) The Real Estate Agency may use the revolving fund...
Section 696.505 - Definitions for ORS 696.505 to 696.590. - (1) "Business day" means a day other than Saturday or...
Section 696.508 - Legislative finding; short title. - (2) ORS 696.505 to 696.590 may be cited as the...
Section 696.511 - License requirement; licensing system; rules. - (2)(a) The Real Estate Commissioner shall establish by rule a...
Section 696.520 - Application of ORS 696.505 to 696.590. - (1) Any person doing business under the laws of this...
Section 696.525 - Bond for escrow agents. - (2) If the total annual receipts of client trust funds,...
Section 696.527 - Deposits in lieu of bond; payment of claims; waiver. - (a) Cash; (b) Ample secured obligations of the United States,...
Section 696.530 - Expiration and renewal of license; fees; rules. - (2) The filing fees are: (a) For filing an original...
Section 696.532 - Limited license. - (2) The commissioner may limit a license issued under this...
Section 696.534 - Records of escrow agents; rules. - (2) Notwithstanding the requirement of subsection (1) of this section...
Section 696.535 - Grounds for refusing, suspending or revoking license or reprimanding licensee. - (a) Is insolvent under generally accepted accounting principles; (b) Demonstrated...
Section 696.541 - Authority of commissioner over escrow agents; rules. - (2) All escrow agents are subject to audits or examinations...
Section 696.545 - Investigation; injunction; jurisdiction. - (2) If upon investigation it appears that such agent is...
Section 696.555 - Commissioner to take possession of property and assets of escrow agent when assets or capital impaired; appointment of receiver. - (2) Pursuant to subsection (1) of this section, the commissioner...
Section 696.570 - Hearings procedure under ORS 696.505 to 696.590; subpoena. - (2) The commissioner, or anyone authorized by the commissioner, shall...
Section 696.578 - Deposit and designation of funds held in escrow; treatment of earnings on escrow account; notice. - (2) Trust funds received by an escrow agent may be...
Section 696.579 - Funds exempt from execution or attachment; designation of funds. - (2) No person shall knowingly keep or cause to be...
Section 696.581 - Written escrow instructions or agreement required; statement; instructions containing blank prohibited; one-sided escrow; exceptions. - (2) Except as provided in this section, an escrow agent...
Section 696.582 - Escrow agent to hold certain compensation; conditions; notice of demand; disbursement of money; copy of notice to principal. - (a) A written notice of compensation, signed by the real...
Section 696.585 - Civil penalties. - (2) In addition to the civil penalty set forth in...
Section 696.590 - Penalty amounts. - (a) Not less than $500 nor more than $1,000 for...
Section 696.600 - Definitions for ORS 696.392, 696.600 to 696.785 and 696.995. - (1) "Employee" includes an individual who has an independent contractual...
Section 696.603 - License requirement. - (a) Licensed under ORS 696.606; (b) Licensed under ORS 696.022;...
Section 696.606 - Real estate marketing organization license; requirements; deposit required; claims against deposit; rules. - (a) The form and content of and the times and...
Section 696.612 - Grounds for disciplinary action. - (1) Knowingly or negligently pursued a course of material misrepresentation...
Section 696.624 - Consent by nonresident real estate marketing organization to service of summons or process required. - (2) The consent shall be in writing, executed and verified...
Section 696.627 - On-site inspection allowed; deposit. - (2) When an on-site inspection under subsection (1) of this...
Section 696.710 - Necessity of alleging license in action to collect compensation. - (2) An action for collection of compensation from a client...
Section 696.775 - Authority of commissioner when license lapsed, expired, revoked, suspended or surrendered. - (1) Proceed with an investigation of the licensee; (2) Conduct...
Section 696.785 - Commissioner duties when illegal commingling of funds found; receivership procedure. - (2) Pursuant to subsection (1) of this section, the commissioner...
Section 696.790 - Authority of commissioner to require fingerprints. - (1) Is applying for a license, or renewal of a...
Section 696.795 - Authority of commissioner to conduct investigations and proceedings. - (2) If a person fails to comply with a subpoena...
Section 696.800 - Definitions. - (1) "Agent" means: (a) A principal real estate broker who...
Section 696.805 - Real estate licensee as seller’s agent; obligations. - (2) A seller’s agent owes the seller, other principals and...
Section 696.810 - Real estate licensee as buyer’s agent; obligations. - (2) A buyer’s agent owes the buyer, other principals and...
Section 696.815 - Representation of both buyer and seller; obligations. - (2) A real estate licensee acting pursuant to a disclosed...
Section 696.820 - Agency disclosure pamphlet; rules. - (2) An agent shall provide a copy of the initial...
Section 696.822 - Liability of principal for act, error or omission of agent or subagent. - (a) Unless the principal participates in or authorizes the act,...
Section 696.835 - Buyer and seller responsibilities. - Note: See note under 696.800.
Section 696.840 - Compensation and agency relationships. - Note: See note under 696.800.
Section 696.845 - Acknowledgment of existing agency relationships form; rules. - Note: See note under 696.800.
Section 696.855 - Common law application to statutory obligations and remedies. - (2) Common law and statutory remedies are not affected by...
Section 696.870 - Duties of real estate licensee under ORS 105.462 to 105.490, 696.301 and 696.870. - (b) A real estate licensee representing a buyer of real...
Section 696.880 - Licensee not required to disclose proximity of registered sex offender. - Note: 696.880 was added to and made a part of...
Section 696.890 - Duties of real estate property managers. - (a) "Management of rental real estate" has the meaning given...
Section 696.990 - Penalties. - (2) Any officer, director or shareholder or agent of a...
Section 696.995 - Civil penalties for violation of ORS 696.603, 696.606 or 696.612. - (a) Not less than $100 nor more than $500 for...