OAR 863-022-0060: Responsibilities of Providers of Real Estate Broker, Principal Broker, Property Manager, and Timeshare Sales Agent License Application Courses

(1) For purposes of this rule, a “course provider” is: (a) A private career school, in-state community college, college, or university that provides the 150-hour real estate broker license applicant course of study under OAR 863-022-0010, the 60-hour property manager license applicant course under OAR 863-022-0015; the 40-hour brokerage administration and sales supervision course under OAR 863-022-0025; or the 14-hour timeshare sales agent course required by OAR 863-022-XXXX and (b) A continuing education provider who provides the 40-hour brokerage administration and sales supervision course under OAR 863-022-0025. (2) For purposes of this rule, “examination provider” means the vendor, under a contract with the Agency, which provides licensing examination services and collects the fee for such services directly from a license applicant. (3) A course provider must certify to the examination provider that an applicant for a real estate license has successfully completed the course or courses according to the requirements and instructions of the examination provider. (4) Before certifying that a license applicant completed a course as provided in section (3) of this rule, a course provider must obtain proof from a license applicant that the applicant has submitted a license application to the Agency. (5) A course provider must inform each student taking a course that: (a) The course provider will certify to the examination provider that an applicant for a real estate license has successfully completed the course or courses; and (b) Before a course provider may certify that the applicant completed the course, a student must provide proof to the provider that the student has applied to the Agency for a real estate broker, principal broker , property manager , or timeshare sales agent license. (6) In addition to the requirements under this rule, a course provider must provide a certificate of completion to each student.