Current through Register Vol. 63, No. 9, September 1, 2024
(1) This
division applies to licensed real estate brokers, principal real estate
brokers, real estate property managers, continuing education providers, and
instructors who teach courses for continuing education providers.
(2) For all real estate licensees, the
purpose of this division is to set forth continuing education requirements for
licensee renewals, including:
(a) Courses that
meet the requirements for course topics and learning objectives in this
division 20;
(b) A Board-approved
Law and Rule Required Course, described in OAR 863-022-0055, required for all
licensees;
(c) A 27-hour broker
advanced practices course, described in OAR 863-022-0020, required for real
estate brokers before the first active renewal of the broker's license or
before the first license reactivation following an inactive first
renewal;
(d) A 27-hour principal
broker advanced practices course described in OAR 863-022-0021, required for
principal real estate brokers before the first active renewal of the principal
broker's license or before the first license reactivation following an inactive
first renewal;
(e) A 27-hour
property manager advanced practices course described in OAR 863-022-0022,
required for licensed real estate property managers before the first active
renewal of the property manager's license or before the first license
reactivation following an inactive first renewal;
(f) The 40-hour brokerage administration and
sales supervision course, described in OAR 863-022-0025, for an initial
principal real estate broker license application; and
(f) Continuing education record-keeping
requirements for all licensees.
(3) For continuing education providers, the
purpose of this division is to set forth:
(a)
The application requirements for certification as a real estate continuing
education course provider; and
(b)
The responsibilities of continuing education course providers; including:
(A) Ensuring that courses offered by the
provider meet the eligible course topics, learning objectives, and length of
course requirements;
(B)
Maintaining required records in paper or electronic format, as directed by the
Agency.
(C) Providing real estate
licensees with certificates of completion for each course that meet the
requirements for certificates of completion; and
(D) Ensuring that each instructor who will
teach a course offered by a provider meets instructor qualifications and
completes a continuing education instructor form.
(4) For instructors who teach
courses for continuing education providers, the purpose of this division is to
set forth the instructor qualifications, set out on the instructor form that is
completed by the instructor and given to the continuing education
provider.
Statutory/Other Authority: ORS
696.385
Statutes/Other Implemented: ORS
696.174,
ORS
696.182,
ORS
696.184 & ORS
696.186
