Or. Admin. R. 863-022-0022

Current through Register Vol. 63, No. 6, June 1, 2024

Section 863-022-0022 - Property Manager Advanced Practices Course Requirement for the First Active Renewal of License

(1) The property manager advanced practices course required by OAR 863-020-0010 before the first active renewal of a property manager license, or before the first license reactivation following an inactive first renewal, is an Agency-approved 27-hour property manager advanced practices course.

(2) A property manager who is required to take the advanced practices course in order to renew a license must also complete the Law and Rule Required Course required under OAR 863-020-0010.

(3) An Agency-approved property manager advanced practices course must include 27 clock-hours allocated among topics in the number of hours as follows:

(a) (2 hours) Agency law and affirmative duties in ORS 696.890;

(b) (2 hours) Property management agreements;

(c) (3 hours) Managing the operation of a property management company;

(d) (3 hours) Clients' trust accounts and security deposits accounts;

(e) (6 hours) Property management accounting;

(f) (2 hours) Oregon Residential Landlord and Tenant Act under ORS Chapter 90;

(g) (2 hours) Fair Housing Laws;

(h) (2 hours) Property management records;

(i) (2 hours) Real Estate License Law under ORS Chapter 696;

(j) (1.5 hours) Commercial property management;

(k) (1.5 hours) Emergency plans, energy management plans, maintenance and repair.

(4) To receive credit for an advanced practices course, a property manager must complete the course and receive a passing score of at least 75% on a final examination containing 60 questions.

(5) The licensee must obtain a certificate of course completion and maintain it as required by OAR 863-020-0015.

(6) The property manager advanced practices course and the Law and Rule Required Course are eligible for continuing education credit under OAR 863-020-0010.

Or. Admin. R. 863-022-0022

REA 1-2012(Temp), f. 8-14-12, cert. ef. 8-15-12 thru 2-1-13; REA 1-2013, f. 1-14-13, cert. ef. 2-1-13; REA 34-2018, amend filed 10/09/2018, effective 10/31/2018; REA 1-2022, amend filed 04/27/2022, effective 5/1/2022

Statutory/Other Authority: ORS 696.385

Statutes/Other Implemented: ORS 696.174