Or. Rev. Stat. § 696.232
License status of employee of agency; reissuance upon termination of employment
Oregon · Oregon Revised Statutes Chapter 696 — Real Estate and Escrow Activities · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 696.232, License status of employee of agency; reissuance upon termination of employment, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2529110
- Permanent ID
ys:prov:2529110@1- SHA-256
ac936d004e3dabc3f848065d48eb0d304d2354ec08a95952b3b488bc2b3e01f2
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) The license status of a real estate licensee employed by the Real Estate Agency shall be placed on hold at the time that the real estate licensee commences employment with the agency. At the termination of the employment, the license may be returned to the real estate licensee as an active or inactive license. The agency shall activate a license placed on hold without payment of further fee, and the license expires on the date on which it would have expired if the license had not been placed on hold.
(2) During the time of employment at the agency, the employee may not conduct professional real estate activity.
(3) Except as stated in subsection (1) of this section, the real estate licensee is subject to the provisions of ORS 696.010 to 696.495, 696.600 to 696.785, 696.800 to 696.870 and 696.995.