1. (1) The principal broker advanced practices course required by OAR 863-020-0010 before the first active renewal of a principal broker license, or before the first license reactivation following an inactive first renewal, is an Agency approved principal broker advanced practices course.
2. (2) A principal broker who is required to take the advanced practices course in order to renew a license must also complete the Law and Rule Required Course and the State and Federal Fair Housing course required under OAR 863-020-0010.

3. (3) An Agency-approved principal broker advanced practices course must consist of 26 clock-hours covering the following topics, with a minimum of 1 clock-hour for each topic:

   1. (a) Brokerage Practices;
   2. (b) Supervision and Managing Real Estate Licensees;
   3. (c) Clients’ Trust Accounts;
   4. (d) Records and Maintenance;
   5. (e) Property Management;
   6. (f) Advertising;
   7. (g) Affirmative Duties of Agent & Agency Relationships;
   8. (h) Professional Real Estate Activity;
4. (4) To receive credit for an advanced practices course, a principal broker must complete the course and receive a passing score of at least 75% on an assessment of license proficiency containing 60 questions.

5. (5) Starting July 1, 2026, the assessment of license proficiency described in Section (4) must present one or more case studies or hypothetical scenarios involving a real estate transaction. The case studies or hypothetical scenarios must include an authorized principal broker as defined in OAR 863-015-0003, one or more brokers under the supervision of that authorized principal broker, examples of harm to a client or consumer of real estate services, and examples of conflict between a buyer and seller or their agents. The assessment must require the real estate principal broker demonstrate the ability to identify:

   1. (a) Issues that present harm or risks of harm to the client or consumer;
   2. (b) Office policies that could have prevented the harm or mitigated the risk of harm to the clients or consumers;
   3. (c) Supervision and training protocols that could have prevented the harm or mitigated the risk of harm to the clients or consumers;
   4. (d) Effective communication and conflict resolution strategies; and
   5. (e) Conduct that meets or exceeds the standard of care and conduct that falls below the standard of care for real estate licensees in Oregon.
6. (6) The licensee must obtain a certificate of course completion and maintain it as required by OAR 863-020-0015.
7. (7) The principal broker advanced practices course, the Law and Rule Required Course, and the State and Federal Fair Housing Course are eligible for continuing education credit under OAR 863-020-0010.

Statutory/Other Authority

ORS 696.385

Statutes/Other Implemented

ORS 696.174 & Chapter 389, (2025 Laws)

History

REA 4-2025, amend filed 10/09/2025, effective 01/01/2026
REA 1-2022, amend filed 04/27/2022, effective 05/01/2022
REA 34-2018, adopt filed 10/09/2018, effective 10/31/2018