Oregon License Law
A principal broker in Oregon wants to open a second office location. Under Oregon license law, what is required?
ANothing — a principal broker's license automatically covers all office locations
BA branch office registration and a licensed broker in charge of each branch✓ Correct
CA separate principal broker license for each office
DApproval from the Oregon Real Estate Agency before opening any office
Explanation
Oregon law requires that any branch office operated by a real estate brokerage be registered with the OREA and have a licensed broker (who can be the principal broker or an associated broker authorized to manage the branch) in charge. Each office location must be separately registered.
Related Oregon Oregon License Law Questions
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- A real estate broker in Oregon who fails to renew their license before the expiration date may:
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