- (1) The Agency may reissue an unexpired real estate license that has been suspended by order of the Commissioner if the licensee makes a written request to the Agency that such license be reissued and pays the required fee within 30 days after the close of the suspension period.
- (2) If the licensee fails to act within 30 days, the license becomes inactive and may be reactivated only pursuant to OAR 863-035-0100.
- (3) If the license expires before the request for reissuance, the Agency will renew the license within the 30-day period only pursuant to OAR 863-035-0070.
- (4) A license reissued under this rule is effective for licensing purposes when the Agency receives all required forms and fees.
- (5) A suspended license may not be renewed.
- (6) If the license remains suspended and is not reissued and renewed under OAR 863-035-0070 within one year of expiration, the license has lapsed. To become licensed again, the former licensee must reapply and meet all of the licensing qualifications required of a new license applicant.
Statutory/Other Authority
ORS 696.022
Statutes/Other Implemented
HB 2373, 2025 Regular Session
History
REA 5-2025, adopt filed 12/22/2025, effective 01/01/2026