(1) The Real Estate Agency, with advice from real estate professionals and educators, shall establish by rule a system for certification and renewal of real estate continuing education providers.

Terms Used In Oregon Statutes 696.182

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.

(2) The agency shall include in the rules that an applicant for certification under this section must be:

(a) A main office or branch office, with a registered business name as provided under ORS § 696.026, of a licensed real estate property manager or principal real estate broker;

(b) A licensed title or escrow company conducting business in this state;

(c) A real estate trade association or a trade association in a related field;

(d) A real estate multiple listing service;

(e) An attorney who is an active member of the Oregon State Bar;

(f) A law firm, in which at least one of the attorneys associated with the law firm is an active member of the Oregon State Bar;

(g) A private career school licensed by the Higher Education Coordinating Commission and approved by the agency to provide the basic real estate broker’s or property manager’s educational courses required under ORS § 696.022;

(h) An accredited community college, an accredited public university listed in ORS § 352.002 or a private and independent institution of higher education as defined in ORS § 350.635;

(i) A distance learning provider as provided by rule of the agency; or

(j) Another provider approved by the Real Estate Board.

(3) The Real Estate Agency may provide continuing education without being certified under this section.

(4) The agency, in consultation with real estate professionals and educators, shall provide by rule:

(a) A broad list of course topics that are eligible for continuing education credit required by ORS § 696.174; and

(b) Learning objectives for each course topic.

(5) The list of course topics developed by the agency under subsection (4) of this section must allow for changes in the real estate profession.

(6) The minimum length of each course is one hour. A continuing education provider or course instructor may allow a break of no more than 10 minutes for each hour of instruction. [2009 c.502 § 4; 2011 c.158 § 9; 2011 c.637 § 288; 2012 c.104 § 46; 2017 c.234 § 11]

 

696.182, 696.184 and 696.186 were added to and made a part of 696.010 to 696.375 by legislative action but were not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.