Or. Admin. Code § 863-017-0020

Current through Register Vol. 64, No. 1, January 1, 2025

Section 863-017-0020 - [Effective 7/1/2025] Term of Registration

(1) A new residential property wholesaler registration shall be for a period of not more than 13 months and a renewal of such registration shall be for a period of not more than 12 months from the expiration of the prior registration.

(2) A residential property wholesaler registration expires on June 30 each year. A registrant may not engage in residential proprety wholesaling after a registration expires.

(3) The Agency may renew a residential property wholesaler registration when the ageny has received the following:

(a) The renewal fee authorized by ORS 696.270; and

(b) An online renewal

(4) If the registrant fails to renew a license by the end of the renewal period but wishes to engage in residential property wholesaling, the registrant must submit a new initial registration application pursuant to OAR 863-017-0010 and pay all the required fees.

Or. Admin. Code § 863-017-0020

REA 4-2024, adopt filed 12/12/2024, effective 7/1/2025

Statutory/Other Authority: Oregon Laws 2024, chapter 3, section 3

Statutes/Other Implemented: Oregon Laws 2024, chapter 3, section 3