Oregon License Law
A real estate broker who wishes to change from one principal broker to another in Oregon must:
AWait until the end of the current license period
BNotify OREA and have the new principal broker activate the license under their name✓ Correct
CRe-take the state licensing examination
DComplete 10 additional hours of continuing education
Explanation
When an Oregon broker changes employing principal brokers, they must notify OREA. The new principal broker activates the license under their supervision. The broker's license itself does not need to be reissued — just transferred.
Related Oregon Oregon License Law Questions
- An Oregon principal broker is responsible for:
- Which of the following activities in Oregon requires a real estate license?
- An Oregon principal broker license requires the applicant to have held an active broker license for at least how long?
- A real estate broker in Oregon who fails to renew their license before the expiration date may:
- The Oregon real estate broker licensing exam contains how many questions, and what is the minimum passing score?
- Under ORS Chapter 696, Oregon real estate brokers are required to provide a written agency disclosure at what point in a transaction?
- Under ORS Chapter 696, which of the following persons is EXEMPT from requiring a real estate license in Oregon?
- Oregon's pre-license education requirement for a real estate broker is:
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