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Oregon · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 OregonIn Oregon, all real estate advertising must be truthful and not misleading, and it must identify the licensee's registered business name so the public knows a licensed professional is involved. Brokers generally advertise under the supervision of their principal broker, and the principal broker's firm is responsible for ensuring advertising and trust-account handling comply with Oregon rules. Transaction and trust-account records must be retained for the period required by OREA and kept available for the Agency's inspection, with client funds held in proper clients' trust accounts and never commingled with the broker's own money.
Yes. State License Law is a scored domain on the Oregon real estate licensing exam, and this topic appears in the state license-law portion.
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Oregon applies its own license law on top of the national portion. This page covers the Oregon rules specifically, which is what the state section of your exam tests.