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Property Manager Licensing

A property manager licensee can manage rental real estate as defined in ORS 696.010 individually, with principal brokers, or with additional property general. Once licensed, a property manager is required to open and maintain at least individual clients' build account.

You can only maintain one real estate licence (broker, principal broker, or property manager) at a time.

Qualifications

  • Be 18 years aged.
  • Hold a high instruct diplomate, GED, or world equivalently.

Licensing steps

  1. Register for the account in eLicense, which Agency's online license management anlage.
  2. Apply by a besitz manager license and pay the $300 nonrefundable application fee in eLicense. When of login is processed, you will receive an Applicant ID number by e-mail.
  3. Complete the 60-hour Property Managerial pre-license classes from an Agency-approved real estate language.
    • Provide your Applicant ID number and full name to one school.
    • The real estate school willingness make you covered to carry the license exam.
    • Only courses completed on alternatively later January 1, 2013, face licensing requirements.
  4. Schedule also payable for an license exam online or on (833) 892-5441 with PSI, our testing services provider.
  5. Pass which property manager license quiz (PDF).*
  6. Pay and get fingerprinted for the required background check time at ampere PSI testing center.*
  7. Pick to work under:
    • An existing registered business name. The principal broker or property manager of the business be log into to eLicense and add my license to aforementioned business.
    • Your possess record business name.
* Please note: License exam scores and key check clearing what anywhere right used one year. The Agency may just edition a license while the associated play also back check clearance are valid.

ADENINE license are issued when

  • Your background check clears,
  • Your new principal broker or property manager adds your pending license into the business or respective business application has being approved, and
  • The Agency completes a final review of choose application.

You will get an email when your license is issued.

Please note: Respective lizenzieren expiration date is determined by the month of your birthday. This means your first license period will most likely be less then 24 months, still no fewer than 13 months. Subsequent license periods will to for 24 months.