Or. Admin. R. 863-024-0050 - License Renewal
(1) A
licensee may only submit a license renewal application and pay the fee using an
online application process, which will be available through the Agency 's
website.
(2) For purposes of this
rule, "received by the Agency " means the date a license renewal is received by
the Agency .
(3) A property manager
license expires if a licensee fails to renew the license on or before the
license expiration date. A licensee may not engage in any professional real
estate activity after a license expires. A property manager may renew an
expired license as provided in this rule.
(4) The Agency will renew an active property
manager license to active status for the term prescribed in OAR 863-024-0030
when the Agency has received the following:
(a) The renewal fee authorized by ORS
696.270; and
(b) An Agency -approved active renewal
application form requesting active license status that includes certification
by the licensee that the licensee has met the real estate continuing education
renewal requirements under section OAR 863-020-0010.
(5) The Agency will renew an active property
manager license to inactive status for the term prescribed in OAR 863-024-0030,
when the Agency has received the following:
(a) The renewal fee authorized by ORS
696.270; and
(b) An online inactive renewal application.
(6) The Agency will
renew an inactive property manager license to inactive status for the term
prescribed in OAR 863-024-0030 when the Agency has received the following:
(a) The renewal fee authorized by ORS
696.270; and
(b) An online inactive renewal application.
(7) The Agency will
renew an inactive property manager license to active status for the term
prescribed in OAR 863-024-0030, when the Agency has received the following:
(a) The renewal fee authorized by ORS
696.270; and
(b) An online active renewal application
requesting active license status that includes certification by the licensee
that the licensee has met the real estate continuing education renewal
requirements under section (3) or (4) of this rule.
(8) The Agency will renew an expired property
manager license to active status when the Agency receives, within one year of
the date the license expired, the following:
(a) The renewal fee and a late fee authorized
by ORS 696.270; and
(b) An online active renewal application that
includes certification by the licensee that the licensee met the real estate
continuing education renewal requirements under section OAR 863-020-0010.
(9) The Agency will
renew an expired property manager license to inactive status when the Agency
receives, within one year of the date the license expired, the following:
(a) The renewal fee and a late fee authorized
by ORS 696.270; and
(b) An online inactive renewal application.
(10) When the Agency
renews an expired license, the renewed license is effective the date the
renewal requirements are met. The renewal is not retroactive to the date the
license expired, and the expired license retains the status of expired during
the expiration period.
(11) A
license renewed under this rule expires two years from the date of the original
expiration date.
(12) A real
estate license that has expired for more than one year is lapsed, as defined in
ORS 696.010.
(13) A license may not be renewed if it is
lapsed, surrendered, suspended, or revoked. Except as provided in OAR
863-024-0075, the former licensee must reapply and meet all the licensing
qualifications required of new license applicants.
Notes
Stat. Auth.: ORS 696.385
Stats. Implemented: ORS 696.020, 696.022 & 696.270
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