Oregon License Law
A real estate broker in Oregon who fails to renew their license before the expiration date may:
AContinue to practice for up to 6 months under a grace period
BRenew within a specified period by paying a late fee, but cannot practice while expired✓ Correct
CContinue to practice indefinitely as long as they file a renewal application
DAutomatically transfer to inactive status without any penalty
Explanation
An Oregon broker with an expired license must not practice real estate. They may renew within a certain period by paying a late fee, but any real estate activities performed while the license is expired are unlicensed practice.
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