Oregon License Law
When an Oregon licensee changes their affiliated brokerage, what must they do?
ANothing — the change is automatic when they start working at the new firm
BNotify OREA and transfer their license to the new principal broker✓ Correct
CObtain a new license from OREA
DWait until their current license renewal period before changing firms
Explanation
When an Oregon licensee changes brokerage affiliations, they must formally transfer their license to the new principal broker through OREA. The current principal broker must release the licensee, and the new principal broker must accept the transfer. Conducting licensed activities without proper affiliation is a violation of ORS Chapter 696.
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