Oregon License Law
An Oregon licensee who pays an unlicensed person a referral fee for finding them a client is:
APermitted if the payment is under $100
BViolating ORS Chapter 696 by paying compensation to an unlicensed person✓ Correct
CAllowed if the referral is for commercial property only
DRequired to disclose it but otherwise permitted
Explanation
ORS Chapter 696 prohibits Oregon licensees from paying any compensation, referral fee, or finder's fee to unlicensed persons for real estate referral services. Compensation for real estate brokerage activities may only be paid to Oregon-licensed individuals or out-of-state licensed brokers through proper referral agreements.
Related Oregon Oregon License Law Questions
- A real estate licensee in Oregon who is also a licensed mortgage broker must disclose their mortgage licensing status to clients when:
- Oregon permits 'limited dual representation' (disclosed limited agency). What specific limitation on duties does this create?
- An Oregon broker's license is placed in 'active' status when:
- Under Oregon law, all real estate advertising must include the:
- Under OREA rules, an Oregon licensee who receives multiple offers on a listing must:
- When an Oregon real estate brokerage changes its registered business name, the principal broker must:
- The OREA Real Estate License Law prohibits a real estate licensee from:
- The primary purpose of the Oregon Real Estate Agency (OREA) is to:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →