Oregon License Law
Under ORS Chapter 696, what is the maximum civil penalty OREA may impose on an Oregon licensee for a violation?
A$500
B$5,000 per violation✓ Correct
C$500 per violation
D$50,000 per violation
Explanation
Under ORS Chapter 696, OREA may impose civil penalties of up to $5,000 per violation against Oregon real estate licensees for violations of the real estate licensing law. Multiple violations can result in aggregate fines exceeding $5,000.
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