OREGON PROPERTY MANAGER
LICENSE REQUIREMENTS QUESTIONS
AND ANSWERS VERIFIED SOLUTIONS
2024
Management of rental real estate - ANSWER includes representing the owner or a tenant or prospective
tenant in the rental or lease of real estate
A licensed real estate property manager may engage in property management activity: - ANSWER 1. As
the sole practitioner of a business
2. In association with another property manager
3. As an associate of a principal real estate broker, acting only as the agent of the broker
A property manager licensed as a sole practitioner: - ANSWER 1. Must perform all property management
activity in his own name or under an assumed business name registered with the Real Estate
Commissioner
2. Is responsible for all property management activity conducted under his license and for the actions of
his non-licensed property management employees
3. May authorize another property manager to supervise his licensed for up to 90 days in his absence,
with written authorization signed by both licensees and filed with the Agency prior to the effective date
of the authorization
A licensee engaging in property management activity under the supervision of a principal broker can
engage in property management activity only: - ANSWER 1. Under the direct supervision of the principal
broker
2. On behalf of that principal broker. If a broker associated with a principal broker lists rented property
for sale, he may not manage that listed property directly for the owner but could manage the property if
the owner entered into a property management agreement with the principal broker
3. In the actual licensed name or actual registered business name of the principal broker
A licensed property manager must notify the Commissioner in writing of the following: - ANSWER 1. Any
criminal conviction, including a "no contest" plea or bail forfeiture
LICENSE REQUIREMENTS QUESTIONS
AND ANSWERS VERIFIED SOLUTIONS
2024
Management of rental real estate - ANSWER includes representing the owner or a tenant or prospective
tenant in the rental or lease of real estate
A licensed real estate property manager may engage in property management activity: - ANSWER 1. As
the sole practitioner of a business
2. In association with another property manager
3. As an associate of a principal real estate broker, acting only as the agent of the broker
A property manager licensed as a sole practitioner: - ANSWER 1. Must perform all property management
activity in his own name or under an assumed business name registered with the Real Estate
Commissioner
2. Is responsible for all property management activity conducted under his license and for the actions of
his non-licensed property management employees
3. May authorize another property manager to supervise his licensed for up to 90 days in his absence,
with written authorization signed by both licensees and filed with the Agency prior to the effective date
of the authorization
A licensee engaging in property management activity under the supervision of a principal broker can
engage in property management activity only: - ANSWER 1. Under the direct supervision of the principal
broker
2. On behalf of that principal broker. If a broker associated with a principal broker lists rented property
for sale, he may not manage that listed property directly for the owner but could manage the property if
the owner entered into a property management agreement with the principal broker
3. In the actual licensed name or actual registered business name of the principal broker
A licensed property manager must notify the Commissioner in writing of the following: - ANSWER 1. Any
criminal conviction, including a "no contest" plea or bail forfeiture
