Another Subscription Service Available

We now have an automated method of handling e-mail signups for administrative rule updates. The signup form is located here. This form can be used to subscribe, unsubscribe or change your e-mail address for these notifications. If you were on our previous e-mail notification list, you need not re-subscribe.

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Licensing Compliance Specialist Hired

Lindsey Nunes has been hired as our new Licensing Compliance Specialist to replace Laurie Hall who was promoted to Licensing Manager. Lindsey is currently an Eligibility Specialist with a state health insurance assistance program. Prior to that she was a Licensing Specialist with the Building Codes Division. She also has five years of title and escrow experience. Lindsey will start at the Agency on November 3.

Brokers Can Do Property Management

Agency staff has recently fielded phone calls from real estate brokers and principal brokers wanting to know how they can manage rental real estate. Licensed real estate brokers and principal brokers are allowed to engage in all aspects of professional real estate activity, including property management [ORS 696.010(15)(h)]. Brokers associated with principal brokers can only conduct property management activity under the direct supervision of their principal broker. As with all other professional real estate activity, brokers can only do property management activity for the company with which they are licensed. Please see the Agency’s website for more information.

Board Meeting Information

The Real Estate Board held its regular meeting October 6 at the Real Estate Agency in Salem. The next regular Board meeting will be 10 a.m., December 1, 2008, at the Agency. A chair and vice-chair for C. Y. 2009 will be elected at the December Board meeting.

Rule Hearings Held

The public hearing on the proposed real estate broker licensing, property management and escrow rules were held October 23, 2008, in the Agency’s hearing room. The hearings officer’s report and final rules will be presented to the Board at their December 1 meeting. The permanent rules will be effective January 1, 2009.

Address Change Reminder

OAR 863-15-0062 requires all real estate licensees to maintain a current mailing address with the agency, which is used to send all written communications, including renewal notices and the OREN-J. The rule also requires that all real estate licensees notify the agency of a change in mailing address within 10 calendar days of the change of address.

There has been an increase in returned mail recently, and the agency is charged a fee for each returned piece. Contact the Licensing Division at (503) 378-4170 selection 2 with any questions.

In This Issue

• Subscription Services
• New Licensing Hire
• Brokers & Property Management
• Board Meeting Info
• Rule Hearings Held
• Address Changes

Contact Us

1177 Center ST NE Salem, OR 97301 (503)378-4170