Oregon Administrative Rules
Chapter 863 - REAL ESTATE AGENCY
Division 14 - REAL ESTATE BROKER LICENSING
Section 863-014-0065 - Inactive License, Change License Status to Active, Change License Category, License Reactivation
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A real estate licensee whose license is on inactive status may not engage in professional real estate activity.
(2) The commissioner may reprimand, suspend, revoke, or impose a civil penalty against an inactive licensee under ORS 696.301.
(3) The Agency will change an active real estate license to inactive license status when the Agency actually receives the following:
(4) An inactive real estate licensee may be renewed under OAR 863-014-0050.
(5) For a period of 30 days after a real estate broker license becomes inactive, the licensee may change such license status from inactive to active and be transferred by a principal real estate broker under OAR 863-014-0063.
(6) Except as provided in section (7) of this rule, for a period of 30 days after the real estate license becomes inactive, the licensee may become licensed as an active principal real estate broker only if:
(7) If a license has not been on active status for two or more consecutive years, the licensee must complete the following steps in the order listed to reactivate the license:
(8) After the 30-day period specified in sections (5) and (6) of this rule, and subject to the examination requirements in section (9) of this rule, a licensee may change the license status from inactive to active only by submitting to the Agency:
(9) Subject to the examination requirements in section (9) of this rule, if an inactive licensee renews a license and maintains inactive status under section (5) of this rule, the licensee may, within 60 days of the date of renewal, change the license status to active by submitting to the Agency:
(10) The change of license status, transfer, or the reactivation of a license is effective when the Agency actually receives all required applications and fees.
Stat. Auth.: ORS 696.385
Stats. Implemented: ORS 696.020 & 696.022