Oregon License Law
An Oregon broker who wishes to start their own real estate company must first:
ARegister a DBA (doing business as) with the county
BObtain a principal broker license and register the business entity with OREA✓ Correct
CComplete 200 hours of business management education
DObtain a real estate company license separate from the broker license
Explanation
To operate an independent real estate company in Oregon, the broker must obtain a principal broker license and register their business entity with OREA. The business name, office address, and other information must be on file with OREA.
Related Oregon Oregon License Law Questions
- Oregon's 'Real Estate License Law Education and Research Fund' (RELLERF) is funded by:
- An Oregon real estate broker is required to submit continuing education records to OREA:
- Under ORS Chapter 696, how long does a newly licensed Oregon real estate broker have to affiliate with a principal broker before engaging in real estate activities?
- Which of the following is considered 'unprofessional conduct' under OREA regulations?
- An Oregon broker is leaving one principal broker to join another. While transitioning, the broker must NOT:
- Under ORS Chapter 696, a real estate broker's license becomes 'inactive' when:
- How many hours of pre-license education are required to obtain an Oregon real estate broker license?
- An Oregon principal broker leaves their brokerage to open their own firm. What must they do to operate legally?
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