A title company shall not have an employee work in a workspace owned, leased or rented by an intermediary unless all of the following apply with respect to the space:

1. (1) The space is separate from and can be secured against access by other occupants of the premises.
2. (2) The consideration paid, if any, for the space is not more than the prevailing rate for similar space in the market area.
3. (3) The space is open to the conduct of business with all persons.

Statutory/Other Authority

ORS 731.244

Statutes/Other Implemented

ORS 746.045, 746.055, 746.160 & 746.240

History

ID 9-1996, f. 6-25-96, cert. ef. 7-1-96, Renumbered from 836-080-0330
IC 3-1980, f. 7-7-80, ef. 8-1-80