Or. Admin. Code § 863-022-0005

Current through Register Vol. 63, No. 12, December 1, 2024

Section 863-022-0005 - Definitions

As used in this division, unless the context requires otherwise:

(1) "Agency" means the Oregon Real Estate Agency.

(2) "Associated broker" means a broker that is "associated with," as that term is defined in ORS 696.010, a principal real estate broker.

(3) "Board" means the Oregon Real Estate Board.

(4) "Certified continuing education provider" means a person certified by the Agency under OAR 863-020-0030 to offer real estate continuing education courses that are eligible for credit under 863-020-0035 and 863-020-0040. The continuing education courses are taught by an instructor.

(5) "Clock-hour" is a 60-minute hour, excluding meal or rest breaks.

(6) "Commissioner" means the Real Estate Commissioner.

(7) "Individual" means a human being, not a legal entity.

(8) "In-state community colleges, colleges, and universities" means:

(a) Campuses and centers that are part of an accredited public university listed in ORS 352.002;

(b) Oregon community colleges established and operated under ORS Chapter 341; and

(c) Accredited private and independent institutions of higher education, as that term is defined in ORS 352.720, that are located in Oregon.

(9) "Law and Rule Required Course" means that course described in OAR 863-022-0055.

(10) "Person" means any individual, partnership, corporation, association, governmental subdivision, or public or private organization of any character other than a government agency.

(11) "Private career schools" means private career schools licensed by the Oregon Department of Education and approved by the Agency to provide the 150-hour real estate license applicant course of study under OAR 863-022-0010, the 60-hour property manager license applicant courses under 863-022-0015, or both.

(12) "Principal broker" means "principal real estate broker," as defined in ORS 696.010.

(13) "Property manager" means "licensed real estate property manager," as defined in ORS 696.010.

(14) "Real estate broker" is defined in ORS 696.010.

(15) "Real estate licensee" is defined in ORS 696.010.

Or. Admin. Code § 863-022-0005

REA 1-2010, f. 6-14-10, cert. ef. 7-1-10; REA 1-2012(Temp), f. 8-14-12, cert. ef. 8-15-12 thru 2-1-13; REA 1-2013, f. 1-14-13, cert. ef. 2-1-13; REA 1-2022, amend filed 04/27/2022, effective 5/1/2022

Statutory/Other Authority: ORS 696.385

Statutes/Other Implemented: ORS 696.174, 696.182 & 696.184