Susan is a licensed Oregon Broker who wants to place her license on inactive status while she travels abroad for one year. Under Oregon law, which of the following is true about an inactive license status?
Correct Answer
B) Susan may not engage in any real estate brokerage activities while her license is inactive
Under ORS Chapter 696, a licensee with an inactive license may not engage in any real estate brokerage activities. The inactive status preserves the license but removes the legal authority to practice. Susan cannot perform any licensed activities, regardless of whether she collects compensation.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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