(1) An active-duty member of the United States Armed Forces who is stationed in this state, or the spouse or domestic partner of such servicemember, may obtain an authorization to conduct professional real estate activity as a timeshare sales agent upon completion of the requirements in (2) through (4) of this rule. Such authorization is valid until the earliest of the following:
- (a) Two years from the date of issuance;
- (b) The date the servicemember's term of active-duty service in this state is complete; or
- (c) The date the applicant’s license issued by another state expires or is no longer active.
- (2) Upon submission of the application for authorization, the applicant must hold an active license of the same real estate license category in another U.S. state, and such license or certificate must have been active during the two years immediately preceding the move. The applicant must be in good standing in the state or states in which the applicant is currently licensed.
(3) To apply for authorization, the applicant must:
- (a) Complete an application and pay the related fee as provided in OAR 863-035-0020(1).
- (b) Submit a copy of their or their spouse's or domestic partner's military orders stationing the servicemember in Oregon.
- (c) Furnish certification of active license history issued by the state or states where licensed as required in (2) of this rule.
- (4) An applicant seeking authorization to engage in the selling or offering to sell timeshares as a timeshare sales agent must be associated with a managing principal broker as provided in OAR 863-035-0060.
- (5) The authorization to conduct professional real estate activity as a timeshare sales agent may not be renewed on expiration. Previous holders of an authorization must reapply and fulfill the requirements of ORS 696.022 and OAR 863-035-0060 in order to conduct professional real estate activity in this state.
Statutory/Other Authority
ORS 696.385 & ORS 696.022
Statutes/Other Implemented
50 U.S.C. Section 4025a; Pub. L. 117-333
History
REA 5-2025, adopt filed 12/22/2025, effective 01/01/2026