OAR 863-014-0070: License Surrender
Edition: Current OARD snapshotEffective: 2009-01-01Last verified: 2026-09-07
(1) A real estate licensee may surrender the licensee's license to the commissioner on an Agency-approved form. Upon surrender, the license is terminated, and the licensee’s rights under the surrendered license are terminated. The commissioner retains continuing jurisdiction to investigate the professional real estate activity conducted under the license and to take disciplinary action against the former licensee under ORS Chapter 696 and its implementing rules. (2) A surrendered license may not be renewed. The former licensee must reapply and meet all the licensing qualifications required of new license applicants.
Official history and status
Statutory/Other Authority: ORS 696.385
Statutes/Other Implemented: ORS 696.020 & 696.022
History: Renumbered from 863-015-0070, REA 5-2008, f. 12-15-08, cert. ef. 1-1-09 REA 1-2002, f. 5-31-02, cert. ef. 7-1-02, Renumbered from 863-010-0085 REC 5-1984, f. 6-18-84, ef. 7-1-84 REC 1-1981, f. 10-30-81, ef. 11-1-81 REC 3-1980, f. 10-20-80, ef. 11-1-80 REC 3-1978, f. 6-15-78, ef. 7-1-78 REC 46, f. & ef. 1-22-76 REC 31, f. 8-6-71, ef. 9-9-71 REC 28, f. 11-1-70, ef. 1-1-71 REC 23, f. 7-3-69, ef. 9-1-69 REC 21, f. 7-5-67
This rule cites
- ORS Chapter 696 — target_record_not_published
Cited by
No inbound citations found.
Official source: https://secure.sos.state.or.us/oard/