Or. Admin. Code § 863-014-0050 - 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 licensee completed the online
renewal process and paid the fee required under ORS
696.270.
(3) A real estate broker or principal broker
license expires if a licensee fails to renew the license on or before the
license expiration date. A real estate licensee may not engage in any
professional real estate activity after a license expires. A real estate
licensee may renew an expired license as provided in this rule.
(4) The Agency will renew an active real
estate license to active status for the term prescribed in OAR
863-014-0030 when the Agency has
received the following:
(a) The renewal fee
authorized by ORS 696.270; and
(b) An active renewal application that
includes certification by the licensee that the licensee has met the continuing
education renewal requirements under section OAR
863-020-0010.
(5) The Agency will renew an
active real estate license to inactive status for the term prescribed in OAR
863-014-0030, when the Agency
has received the following:
(a) The renewal
fee authorized by ORS
696.270; and
(b) An inactive renewal application.
(6) The Agency will
renew an inactive real estate license to inactive status for the term
prescribed in OAR 863-014-0030, when the Agency
has received the following:
(a) The renewal
fee authorized by ORS
696.270; and
(b) An inactive renewal application.
(7) The Agency will
renew an inactive real estate license to active status for the term prescribed
in OAR 863-014-0030, 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 that includes certification by the licensee that the licensee
has met the real estate continuing education renewal requirements under OAR
863-020-0010.
(8) The Agency will renew an
expired real estate 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 Agency-approved active renewal
application form that includes certification by the licensee that the licensee
met the real estate continuing education renewal requirements under OAR
863-020-0010.
(9) The Agency will renew an
expired real estate license to inactive license 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 Agency-approved inactive renewal
application form.
(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 an 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
863-014-0075, 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
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