How many continuing education hours must an active Oregon broker complete per two-year renewal cycle?
Correct Answer
B) 30 hours, including mandatory topic hours specified by OREA
Active Oregon brokers must complete 30 hours of continuing education per two-year renewal cycle, including mandatory topics designated by the Oregon Real Estate Agency (OREA). Principal brokers also complete 30 hours per cycle but have different mandatory topic requirements. Licensees should confirm current mandatory topic breakdowns with OREA, as requirements are subject to change.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
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