1. (1) 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.

2. (2) In addition to any other licensing eligibility requirements:

   1. (a) A timeshare sales agent license applicant must pass a timeshare sales agent examination.
   2. (b) A timeshare sales agent who has not held an active license for two or more consecutive years must pass a reactivation examination.

3. (3) To be eligible to take an examination, a timeshare sales agent applicant must have:

   1. (a) Submitted a license application and fee to the Agency required under OAR 863-035-0020; and
   2. (b) Successfully completed the required course of study for a timeshare sales agent license under OAR 863-022-0013 from an approved school, or an Agency approved alternative.

4. (4) To be admitted to an examination site:

   1. (a) A timeshare sales agent license applicant must be eligible to take an examination under section (3) of this rule;
   2. (b) The applicant must register with the examination provider in advance of the examination and comply with the provider’s requirements and instructions; and
   3. (c) The examination provider will collect the examination fee under ORS 696.270 directly from the applicant.
5. (5) An applicant must pay a separate examination fee for each examination.

6. (6) If an applicant for a timeshare sales agent license passes an examination but is not issued a license within one year from the date of the examination:

   1. (a) The applicant is no longer qualified for the license on the basis of the examination; and
   2. (b) The applicant must retake and pass the examination as required by this rule

Statutory/Other Authority

ORS 696.022 & ORS 696.385

Statutes/Other Implemented

HB 2373, 2025 Regular Session

History

REA 5-2025, adopt filed 12/22/2025, effective 01/01/2026