Oregon License Law

The Oregon Real Estate Agency has the authority to do which of the following to a licensee found guilty of fraud?

AIssue a written warning only
BImpose a fine but not revoke the license
CRevoke or suspend the license and impose civil penalties✓ Correct
DRefer only to criminal authorities without taking administrative action

Explanation

The Oregon Real Estate Agency has broad disciplinary authority, including the power to revoke, suspend, or deny license renewal, and to impose civil penalties. In cases of fraud, OREA may take action independently of any criminal proceedings.

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