Oregon Administrative Rules
Chapter 863 - REAL ESTATE AGENCY
Division 22 - LICENSE APPLICANT COURSE REQUIREMENTS AND COURSE APPROVAL
Section 863-022-0022 - Property Manager Advanced Practices Course Requirement for the First Active Renewal of License

Universal Citation: OR Admin Rules 863-022-0022

Current through Register Vol. 63, No. 9, September 1, 2024

(1) The property manager advanced practices course required by OAR 863-020-0010 before the first active renewal of a property manager license, or before the first license reactivation following an inactive first renewal, is an Agency-approved 27-hour property manager advanced practices course.

(2) A property manager who is required to take the advanced practices course in order to renew a license must also complete the Law and Rule Required Course required under OAR 863-020-0010.

(3) An Agency-approved property manager advanced practices course must include 27 clock-hours allocated among topics in the number of hours as follows:

(a) (2 hours) Agency law and affirmative duties in ORS 696.890;

(b) (2 hours) Property management agreements;

(c) (3 hours) Managing the operation of a property management company;

(d) (3 hours) Clients' trust accounts and security deposits accounts;

(e) (6 hours) Property management accounting;

(f) (2 hours) Oregon Residential Landlord and Tenant Act under ORS Chapter 90;

(g) (2 hours) Fair Housing Laws;

(h) (2 hours) Property management records;

(i) (2 hours) Real Estate License Law under ORS Chapter 696;

(j) (1.5 hours) Commercial property management;

(k) (1.5 hours) Emergency plans, energy management plans, maintenance and repair.

(4) To receive credit for an advanced practices course, a property manager must complete the course and receive a passing score of at least 75% on a final examination containing 60 questions.

(5) The licensee must obtain a certificate of course completion and maintain it as required by OAR 863-020-0015.

(6) The property manager advanced practices course and the Law and Rule Required Course are eligible for continuing education credit under OAR 863-020-0010.

Statutory/Other Authority: ORS 696.385

Statutes/Other Implemented: ORS 696.174

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.