Patricia wants to apply for an Oregon Principal Broker license. She currently holds an active Oregon Broker license. In addition to passing the Principal Broker examination, which of the following experience requirements must Patricia meet under Oregon law?
Correct Answer
D) At least three years of active experience as an Oregon Broker within the past five years
Under ORS Chapter 696 and Oregon Administrative Rules, an applicant for a Principal Broker license must have at least three years of active experience as a licensed Oregon Broker within the five years immediately preceding the application. This experience requirement ensures that Principal Brokers have sufficient practical experience before supervising others.
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Related Topics & Key Terms
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