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Oregon Real Estate Salesperson — Requirements & Free Practice

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Real Estate Broker

Oregon entry-level real estate sales license; subject to managing principal broker supervision.

Licensing authority: Oregon Real Estate Agency · Application information

Late renewal to first active status
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Renewal history
First renewal to active status requires broker advanced practices and proficiency assessment.
Supervision
Maintain managing principal broker association and provide a transfer when required.
Late renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees.
Requested status
Inactive status prohibits professional real estate activity.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Late renewal to active status after first active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Renewal history
Required first active renewal proficiency assessment was already completed.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

First active renewal
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Advanced practices
Complete the 26-hour broker advanced practices course and its 60-question proficiency assessment with at least 75%, together with required law/rule and fair-housing courses.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Renewal history
First renewal to active status.
Supervision
Maintain managing principal broker association and provide a transfer when required.
Reactivation of inactive broker license
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Reactivation of inactive broker license

All of the following:

  • Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
  • Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Requested status
Renew active or inactive license to inactive status; no professional real estate activity is permitted.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Licensure by examination
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
Subsequent active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Renewal history
The first active renewal and required proficiency assessment have already been completed.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
No examination is required for this applicant pathway.
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.
Licensure with a license held outside Oregon
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Existing license
ORS 696.022(7) requires the corresponding course and license examination even for applicants licensed elsewhere; the Agency page states no education or examination waivers for the standard route.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
New application after lapse, surrender or revocation
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Former license
License has lapsed, was surrendered or was revoked; the former licensee must satisfy new-applicant qualifications. A commissioner-issued limited license after revocation is a separate route.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
Reissue unexpired license after suspension
No examination is required for this applicant pathway.
Deadline
Make a written request and pay required fee within 30 days after the suspension period closes.
Later processing
After 30 days, inactive-license reactivation requirements apply; if expired, the renewal rule applies; if lapsed, new-applicant requirements apply.
Suspension
Suspension period has ended and license is unexpired.

Official no-examination sources

Effective from 2026-01-01.

Remove broker license limitations
No examination is required for this applicant pathway.
Approval
Agency review and approval are required; inquiry may include a Law Enforcement Data System check.
Limited license
The period of limitation must have ended.
Request
Submit a written request for an unrestricted license with authorized principal broker endorsement if applicable.

Official no-examination sources

Effective from 2026-01-01.

Conversion of reciprocal nonresident license to resident license
No examination is required for this applicant pathway.
Application
File the proper application and other requisite documents and pay applicable fees.
Deadline
Apply within one year after becoming a resident.
Previous license
Hold an Oregon nonresident license granted under a reciprocity agreement and subsequently become an Oregon resident.

Official no-examination sources

Effective from 2026-01-01.

Change from current principal broker to broker license
No examination is required for this applicant pathway.
Application
Submit a license application and required fee.
Existing license
Currently licensed as an Oregon principal broker.
Supervision
Broker practice requires association with a managing principal broker.

Official no-examination sources

Effective from 2026-01-01.

Limited Real Estate Broker License

Broker license subject to commissioner-imposed limits on term, supervision or activities.

Licensing authority: Oregon Real Estate Agency · Application information

Discretionary limited broker license after revocation
No examination is required for this applicant pathway.
Discretion
Commissioner may grant a limited license notwithstanding the general relicensing provision when in the public interest.
Limitations
Term, supervising managing principal broker and conditions may be restricted under ORS 696.130(2).
Previous license
A prior broker license was revoked.

Official no-examination sources

Effective from 2026-01-01.

  • ors-696.html

    ORS 696.130(2), discretionary limited license after revocation

Late renewal to first active status
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Renewal history
First renewal to active status requires broker advanced practices and proficiency assessment.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.
Late renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Expiration
Apply within one year of expiration; pay renewal and late fees.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Requested status
Inactive status prohibits professional real estate activity.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.

Official no-examination sources

Effective from 2026-01-01.

Late renewal to active status after first active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Renewal history
Required first active renewal proficiency assessment was already completed.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.

Official no-examination sources

Effective from 2026-01-01.

First active renewal
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Advanced practices
Complete the 26-hour broker advanced practices course and its 60-question proficiency assessment with at least 75%, together with required law/rule and fair-housing courses.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Renewal history
First renewal to active status.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.
Reactivation of inactive broker license
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
A limited license retains its stipulated restrictions and required principal broker acknowledgement.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Reactivation of inactive broker license

All of the following:

  • Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
  • Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
A limited license retains its stipulated restrictions and required principal broker acknowledgement.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Requested status
Renew active or inactive license to inactive status; no professional real estate activity is permitted.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.

Official no-examination sources

Effective from 2026-01-01.

Initial broker license with limitations
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Limitations
Commissioner must determine issuance is in the public interest and may limit term, supervision, conditions or other privileges under ORS 696.125.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
Subsequent active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
For active status, satisfy OAR 863-020-0010: 30 total hours including the Law and Rule Required Course and State and Federal Fair Housing Course; retain completion certificates.
Limited endorsement
For a limited license, authorized principal broker must acknowledge and accept the stipulated limitations where the limited-license rule requires it.
Renewal history
The first active renewal and required proficiency assessment have already been completed.
Supervision
Maintain or establish managing principal broker association; inactive-to-active or expired-to-active processing requires a license transfer.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
No examination is required for this applicant pathway.
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
A limited license retains its stipulated restrictions and required principal broker acknowledgement.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
A limited license retains its stipulated restrictions and required principal broker acknowledgement.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.
New application after lapse, surrender or revocation
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Former license
License has lapsed, was surrendered or was revoked; the former licensee must satisfy new-applicant qualifications. A commissioner-issued limited license after revocation is a separate route.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
Reissue unexpired license after suspension
No examination is required for this applicant pathway.
Deadline
Make a written request and pay required fee within 30 days after the suspension period closes.
Later processing
After 30 days, inactive-license reactivation requirements apply; if expired, the renewal rule applies; if lapsed, new-applicant requirements apply.
Suspension
Suspension period has ended and license is unexpired.

Official no-examination sources

Effective from 2026-01-01.

Nonresident Real Estate Broker License

Recognition of a nonresident salesperson license under Oregon rules and an applicable reciprocity agreement.

Licensing authority: Oregon Real Estate Agency · Application information

Late renewal to first active status
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Renewal history
First renewal to active status requires broker advanced practices and proficiency assessment.
Supervision
Maintain managing principal broker association and provide a transfer when required.
Late renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees.
Requested status
Inactive status prohibits professional real estate activity.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Late renewal to active status after first active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Expiration
Apply within one year of expiration; pay renewal and late fees; renewal is not retroactive.
Renewal history
Required first active renewal proficiency assessment was already completed.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

First active renewal
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Advanced practices
Complete the 26-hour broker advanced practices course and its 60-question proficiency assessment with at least 75%, together with required law/rule and fair-housing courses.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Renewal history
First renewal to active status.
Supervision
Maintain managing principal broker association and provide a transfer when required.
Reactivation of inactive broker license
Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Reactivation of inactive broker license

All of the following:

  • Oregon Broker Advanced Practices Assessment of License Proficiency (practice unavailable)
  • Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
First reactivation after an inactive first renewal; complete broker advanced practices and the proficiency assessment.
Renewal to inactive status
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Requested status
Renew active or inactive license to inactive status; no professional real estate activity is permitted.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Subsequent active renewal
No examination is required for this applicant pathway.
Application
Complete the online renewal application and pay the required renewal fee.
Continuing education
Active status requires the courses under OAR 863-020-0010; certificates must be retained.
Renewal history
The first active renewal and required proficiency assessment have already been completed.
Supervision
Maintain managing principal broker association and provide a transfer when required.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
No examination is required for this applicant pathway.
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has been inactive for less than two consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.

Official no-examination sources

Effective from 2026-01-01.

Reactivation of inactive broker license
Oregon Broker/Principal Broker Reactivation Examination (practice unavailable)
Application
Complete the reactivation application, pay applicable fees and obtain the receiving authorized principal broker’s transfer; within 30 days the status-change process in OAR 863-014-0065(5) applies.
Continuing education
Meet the applicable continuing education requirements in ORS 696.174 and OAR 863-020-0010.
Inactive period
License has not been active for two or more consecutive years.
Limited status
Maintain the required managing principal broker association.
Renewal history
Required first active renewal proficiency assessment has already been completed, or no inactive first renewal has occurred.
New application after lapse, surrender or revocation
Application
Submit the online license application and required fee before education-provider exam eligibility certification.
Background check
Provide fingerprints and pass the background check; scores and clearance must remain valid when the license is issued.
Education
High school diploma, GED or international equivalent; complete 150 hours of approved broker pre-license education.
Former license
License has lapsed, was surrendered or was revoked; the former licensee must satisfy new-applicant qualifications. A commissioner-issued limited license after revocation is a separate route.
Minimum age
At least 18 years.
Score validity
Each examination section score is valid for one year.
Supervision
Associate with a managing principal broker; an authorized principal broker transfers the pending license into the registered business.
Trustworthiness
Commissioner must determine competence and trustworthiness under ORS 696.022(6).
Reissue unexpired license after suspension
No examination is required for this applicant pathway.
Deadline
Make a written request and pay required fee within 30 days after the suspension period closes.
Later processing
After 30 days, inactive-license reactivation requirements apply; if expired, the renewal rule applies; if lapsed, new-applicant requirements apply.
Suspension
Suspension period has ended and license is unexpired.

Official no-examination sources

Effective from 2026-01-01.

Nonresident license recognition and reciprocity
Affidavit
Sign an affidavit of familiarity with ORS chapter 696 and its implementing rules and agreement to be bound by them.
Background check
Submit fingerprints, background-check application, processing fees and proof of an active, valid resident license.
Business and records
Supply supervising broker business name/address where required; permit inspection and production of Oregon activity records; comply with nonresident advertising requirements.
Exam waiver
OAR 863-014-0080(9) preserves ordinary licensing conditions except as a reciprocity agreement or commissioner discretion provides otherwise. Those exceptions are applicant conditions; the identified Oregon licensing examinations remain referenced.
Reciprocity
Residence jurisdiction must permit reciprocal recognition and assist Oregon enforcement; an agreement must remain in force. The Agency states reciprocal requirements are specific and directs applicants to contact it.
Residence
Nonresident, actively engaged in real estate activity and duly licensed in the jurisdiction of residence; for this credential, the source license is salesperson-level.

Oregon Broker Advanced Practices Assessment of License Proficiency

Provider
Agency-approved broker advanced practices course providers
Exam questions
60 questions
Passing score
At least 75%
Examination outline
  • Broker advanced practices course content
    • Business ethics
    • Review of recent administrative actions issued by the Agency
    • Property management
    • Business economics
    • Advanced agency relationships, including dual representation
    • Misrepresentation and negligence
    • Negotiations
    • Effective communications with clients and other licensees
    • Real Estate contracts
  • Case studies or hypothetical scenarios involving a real estate transaction
    • Identify and address issues that present risks to the client
    • Select appropriate contract provisions and terms that reflect the client’s objectives
    • Identify effective communication protocols with the client and other licensees involved in the transaction
Examination sources

Oregon Broker/Principal Broker Reactivation Examination

Provider
PSI Services LLC
Format
Multiple choice
Exam questions
48 scored questions; unscored experimental questions may be administered
Time limit
120 minutes
Passing score
75%
Examination outline
  • General Real Estate Law (11 questions)
    • Agent duties
    • Contract provisions
    • Easements
    • Listing agreements
    • Offers to purchase
    • Options
    • Property rights and ownership
  • Oregon License Laws (15 questions)
    • Broker-principal broker relationships
    • Principal broker responsibilities
    • Clients’ trust accounts
    • Earnest money
    • Required disclosures
    • License law violations
    • Unlicensed assistants
  • Real Estate Finance (9 questions)
    • Accelerations clauses
    • Area calculations
    • Federal lending laws
    • FHA
    • Foreclosure
    • Mortgage and price calculations
    • Types of mortgages
  • Special Fields (3 questions)
    • Fair housing
    • Property management
    • Landlord responsibilities
  • Control Laws (10 questions)
    • Condominium Act (ORS 100)
    • Construction liens
    • Oregon Trust Deed Act (ORS 86)
    • Oregon water rights
    • Residential Landlord and Tenant Act (ORS 90), including rent control
    • Statute of Frauds (ORS 41.580)
    • Subdivisions and partitions
    • Tax assessments and liens
Examination sources

Oregon Real Estate Broker License Examination — State Section

Provider
PSI Services LLC
Format
Multiple choice
Exam questions
50 scored questions; additional unscored experimental questions may be administered
Time limit
90 minutes
Passing score
75%
Examination outline
  • License Law and Disciplinary Measures (6 items)
    • Licensing
    • Licensing — License maintenance and renewal, including reinstatement and reactivation
    • Licensing — Transferring licenses and updating licensee information
    • Licensing — Exemptions
    • Licensing — Activities requiring license
    • Violations and Disciplinary Measures
    • Violations and Disciplinary Measures — Violations (ORS 696.301)
    • Violations and Disciplinary Measures — Penalties and administrative actions
    • Violations and Disciplinary Measures — Investigations and hearings
  • Handling of Clients’ Funds (3 items)
    • Client Trust Accounts
    • Client Trust Accounts — Recordkeeping
    • Earnest Money
  • Agency Law and Rules (5 items)
    • Disclosed limited agency
    • Affirmative duties of agent
    • Types of agency
    • Disclosure of agency relationships
  • Regulation of Broker Activities (12 items)
    • Brokerage Activities
    • Brokerage Activities — Advertising
    • Brokerage Activities — Broker price opinions and competitive market analyses
    • Brokerage Activities — Offers to purchase
    • Brokerage Activities — Listing agreements
    • Brokerage Activities — Licensee as principal in a transaction
    • Broker/Principal Broker Relationships
    • Broker/Principal Broker Relationships — Compensation and prohibited compensation
    • Broker/Principal Broker Relationships — Employment agreements and independent contractor relationships
    • Broker/Principal Broker Relationships — Registered business names
    • Broker/Principal Broker Relationships — Supervision of associated licensees
  • Document Handling and Recordkeeping (5 items)
    • Time to submit to principal broker
    • Time for document review by principal broker
    • Record retention and storage
    • Rules for specific types of records
  • Property Management (4 items)
    • Property Management Agreements and Terminations
    • Records and Receipts
    • Residential Landlord and Tenant Act (ORS 90.100 - 90.840)/Rent Control
    • Property Manager Duties and Obligations
  • Oregon Real Estate Related Statutes (15 items)
    • Assessment and Taxation of Real Property
    • Subdivisions and Partitions (ORS 92.010 - 92.990)
    • Oregon Water Rights
    • Oregon Construction Lien Law (ORS 87.001 – 87.093)
    • Oregon Discrimination Statute ORS 659A.421
    • Oregon Trust Deed Act (ORS 86.705 - 86.795)
    • Oregon Land Use Law
    • Oregon Property Disclosure Statement and Stigmatized Properties
    • Agricultural and Forest
    • Foreclosures and Short Sales
    • Common Interest Ownership and Special Requirements
    • Common Interest Ownership and Special Requirements — Condos, timeshares, etc.
    • Forms of Ownership - tenancy by the entirety
    • Manufactured Homes
    • Oregon Environmental Regulation
    • Rectangular Survey System
Examination sources

Real Estate Salesperson Examination — National Portion (Real Estate Principles and Practices)

Provider
PSI Services LLC
Format
National portion of a state real estate salesperson examination delivered by PSI; a minimum score must be achieved on each portion, and a candidate who fails one portion (state or national) retakes only that portion
Exam questions
80 scored questions (80 points), plus one to ten unscored experimental items
Examination outline
  • I. Property Ownership (Sales 10%, Broker 10%) (10%)
    • A. Real and personal property; conveyances
    • B. Land characteristics and legal descriptions: 1. Metes and bounds method of legal property description; 2. Lot and block (recorded plat) method of legal property description; 3. Government survey (rectangular survey) method of legal property description; 4. Measuring structures (linear and square footage); 5. Land measurement
    • C. Encumbrances and effects on property ownership: 1. Types of liens and their effect on the title and value of real property; 2. Easements, rights of way and licenses, including their effect on the title, value and use of real property; 3. Encroachments and their effect on the title, value and use of real property; 4. Potential encumbrances on title, such as probate, leases, or adverse possession; 5. Property rights that may be conveyed separately from use of the land surface, such as mineral and other subsurface rights, air rights, or water rights
    • D. Types of ownership: 1. Ownership in severalty/sole ownership; 2. Implications of ownership as tenants in common; 3. Implications of ownership in joint tenancy; 4. Forms of common-interest ownership, such as Timeshares, Condominiums and Co-ops; 5. Property ownership held in a trust or by an estate; 6. Ownership by business entities; 7. Life Estate ownership
  • II. Land use Controls (Sales 5%, Broker 5%) (5%)
    • A. Government rights in land: 1. Government rights to impose property taxes and special assessments; 2. Government rights to acquire land through eminent domain, condemnation and escheat
    • B. Government controls on land use
    • C. Private controls: 1. Deed conditions or restrictions on property use; 2. Subdivision covenants, conditions and restrictions (CC&Rs) on property use; 3. Condominium and owners’ associations regulations or bylaws on property use
  • III. Valuation (Sales 8%, Broker 8%) (8%)
    • A. Appraisals: 1. Appraisals for valuation of real property; 2. Situations which require appraisal by a licensed or certified appraiser and brokerage-related actions that constitute unauthorized appraisal practice; 3. General steps in appraisal process
    • B. Estimating Value: 1. Economic principles and property characteristics that affect value of real property; 2. Sales or market comparison approach to property valuation and appropriate uses; 3. Cost approach to property valuation and appropriate uses; 4. Income analysis approach to property valuation and appropriate uses
    • C. Comparative Market Analysis (CMA): 1. Competitive/Comparative Market Analysis (CMA), BPO or equivalent; 2. Automated Valuation Method (AVM), appraisal valuation and Comparative Market Analysis (CMA)
  • IV. Financing (Sales 10%, Broker 9%) (10%)
    • A. Basic Concepts and Terminology: 1. Loan financing (for example, points, LTV, PMI, interest, PITI); 2. General underwriting process (e.g., debt ratios, credit scoring and history); 3. Standard mortgage/deed of trust clauses and conditions; 4. Essential elements of a promissory note
    • B. Types of Loans: 1. Conventional loans; 2. Amortized loans, partially amortized (balloon) loans, interest-only loans; 3. Adjustable-rate mortgage (ARM) loans; 4. Government Loans (a. FHA insured loans; b. VA guaranteed loans; c. USDA/Rural Development loan programs); 5. Owner financing (for example, installment or land contract/contract for deed); 6. Reverse-mortgage loans; 7. Home equity loans and lines of credit; 8. Construction loans; 9. Rehab loans; 10. Bridge loans
    • C. Financing and Lending: 1. Real Estate Settlement Procedures Act (RESPA), including kickbacks; 2. Truth-in-Lending Act (Regulation Z), including advertising; 3. Requirements and time frames of TRID (TILA-RESPA Integrated Disclosures); 4. Equal Credit Opportunity Act; 5. Lending Process (application through loan closing); 6. Risky loan features, such as prepayment penalties and balloon payments
  • V. Contracts (Sales 19%, Broker 19%) (19%)
    • A. General Contract Law: 1. General principles of contract law; 2. Elements necessary for a contract to be valid; 3. Effect of the Statute of Frauds; 4. Offer and a contract; 5. Enforceability of contracts; 6. Void, voidable and unenforceable contracts; 7. Bilateral and unilateral contracts; 8. Nature and use of option agreements; 9. Notice, delivery, acceptance and execution of contracts; 10. Appropriate use, risks, and advantages of electronic signatures and paperless transactions; 11. Rights and obligations of the parties to a contract; 12. Possible remedies for breach or non-performance of contract; 13. Termination, rescission and cancellation of contracts
    • B. Purchase and Lease Contracts: 1. Addenda and amendments to contracts; 2. Purchase agreements; 3. Contract contingencies and methods for satisfying them; 4. Leases and rental agreements; 5. Lease-purchase agreements; 6. Types of leases
    • C. Proper handling of multiple offers and counteroffers
  • VI. Agency (Sales 13%, Broker 13%) (13%)
    • A. Agency and non-agency relationships: 1. Agency relationships and how they are established; 2. Types of listing contracts; 3. Buyer brokerage/tenant representation contracts; 4. Other brokerage relationships, including transaction brokers and facilitators; 5. Powers of attorney and other assignments of authority; 6. Conditions for termination of agency or brokerage service agreements
    • B. Agent Duties: 1. Fiduciary duties of agents; 2. Agent's duties to customers/non-clients, including honesty and good faith
    • C. Agency Disclosures: 1. Disclosure of agency/representation; 2. Disclosure of possible conflict of interest or self-interest
  • VII. Property Disclosures (Sales 7%, Broker 7%) (7%)
    • A. Property Condition: 1. Seller's property condition disclosure requirements; 2. Property conditions that may warrant inspections or a survey; 3. Red flags that warrant investigation of public or private land use controls
    • B. Environmental and Government Disclosures: 1. Environmental issues requiring disclosure; 2. Federal, state, or local disclosure requirements regarding the property
    • C. Disclosure of material facts and material defects
  • VIII. Property Management (Sales 3%, Broker 5%) — items marked (BROKER ONLY) in this area are not part of the salesperson examination (3%)
    • A. Duties and Responsibilities: 1. Procurement and qualification of prospective tenants; 2. Fair housing and ADA compliance specific to property management; 3. How to complete a market analysis to identify factors in setting rents or lease rates (items 4. Property manager responsibility for maintenance, improvements, reporting and risk management; 5. Handling landlord and tenant funds; trust accounts, reports and disbursements; and 6. Provisions of property management contracts are marked BROKER ONLY)
    • B. Landlord and tenant rights and obligations
  • IX. Transfer of Title (Sales 6%, Broker 6%) (6%)
    • A. Types of deeds
    • B. Title Insurance and Searches: 1. Title insurance policies and title searches; 2. Potential title problems and resolutions; 3. Marketable and insurable title
    • C. Closing Process: 1. When transfer of ownership becomes effective; 2. Process and importance of recordation; 3. Settlement procedures (closing) and parties involved; 4. Home and new construction warranties
    • D. Special Processes: 1. Special issues in transferring foreclosed properties; 2. Special issues in short sale transactions; 3. Special issues in probate transactions
  • X. Practice of Real Estate (Sales 12%, Broker 12%) — subsection D. Supervisory Responsibilities is marked (BROKER ONLY) and is not part of the salesperson examination (12%)
    • A. Antidiscrimination: 1. Federal Fair Housing Act general principles and exemptions; 2. Protected classes under Federal Fair Housing Act; 3. Protections against discrimination based on gender identity and sexual orientation; 4. Prohibited conduct under Federal Fair Housing Act (Redlining, Blockbusting, Steering, Disparate Treatment); 5. Fair housing advertising rules; 6. Americans with Disabilities Act (ADA) obligations pertaining to accessibility and reasonable accommodations
    • B. Legislation and Regulations: 1. Licensees’ status as employees or independent contractors; 2. Antitrust laws and types of violations, fines and penalties; 3. Do-Not-Call List rule compliance; 4. Proper use of Social Media and Internet communication and advertising
    • C. Duties and Responsibilities: 1. Protection of confidential personal information (written, verbal or electronic); 2. Duties when handling funds of others in transactions; 3. Licensee responsibility for due diligence in real estate transactions
  • XI. Real Estate Calculations (Sales 7%, Broker 6%) (7%)
    • A. Calculations for Transactions: 1. Seller’s net proceeds; 2. Buyer funds needed at closing; 3. Real property tax and other prorations; 4. Real property transfer fees; 5. PITI (Principal, Interest, Taxes and Insurance) payments estimate given loan rate and term
    • B. General Concepts: 1. Equity; 2. Rate of return/Capitalization rate; 3. Loan-to-Value ratio; 4. Discount points and loan origination fees
Examination sources