Oregon License Law

An Oregon property manager who manages residential properties for compensation must hold which license?

ANo license is required for property management
BA real estate property manager license issued by OREA✓ Correct
CA general contractor's license
DAn HOA management certification only

Explanation

Oregon requires persons who manage residential rental properties for compensation to hold a real estate property manager license issued by OREA, unless they are the property owner or an employee of the owner managing that owner's properties. Property manager licenses have their own education and exam requirements under ORS Chapter 696.

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