Oregon Real Estate Broker Exam — All Questions

How many hours of approved pre-license education must an applicant complete to qualify for an Oregon real estate broker license?

• a.40 hours
• b.90 hours
• c.150 hours✓
• d.300 hours

Oregon requires 150 clock hours of Agency-approved real estate pre-license education before a broker applicant may sit for the licensing examination. Applicants must also pass the exam and clear a background check.

How much pre-license education must an Oregon real estate broker applicant complete?

• a.150 clock hours in seven courses✓
• b.90 clock hours in three required courses
• c.60 clock hours, the same as a property manager
• d.40 clock hours plus a supervised internship

The approved broker course of study totals 150 clock hours: Real Estate Law, Oregon Real Estate Practice and Real Estate Finance at 30 hours each, Real Estate Brokerage at 20, Contracts and Agency Law at 15 each, and Property Management at 10. Cite: OAR 863-022-0010; OAR 863-022-0030(2); OAR 863-014-0035(1)(b).

Beyond passing the principal broker examination, what must an Oregon principal broker applicant show?

• a.Five years of active licensed experience under a managing principal broker in this state
• b.A bachelor's degree in business or real estate from an accredited school
• c.Three years of active licensed experience and the 40-hour supervision course✓
• d.Two years of licensed experience and a 26-hour advanced practices course

The Commissioner must receive proof of three years of active licensed experience as a broker or salesperson in this state or another state, plus successful completion of the brokerage administration and sales supervision course, which the Agency sets at 40 clock hours. Cite: ORS 696.022(3)(c)(B); OAR 863-022-0025; OAR 863-014-0040(1).

When does an active Oregon real estate license expire?

• a.On the anniversary of the issue date
• b.On December 31 of every second year
• c.Two years after the licensee's last continuing education course
• d.On the last day of the licensee's birth month✓

The license expiration date is the last day of the licensee's birth month; the Agency then renews an active or inactive license for a term of 24 months from the last expiration date. An initial term runs at minimum 13 months and at most 24 months and 30 days. Cite: OAR 863-014-0030(4), (5), (6) (REA 4-2025, effective 01/01/2026).

What must every Oregon licensee complete before each active renewal, on top of general continuing education?

• a.A Board-approved state and federal fair housing course✓
• b.A 40-hour brokerage administration course
• c.An independent accountant's audit of every clients' trust account
• d.An Agency-administered ethics examination

Renewal now requires both the Board-approved Law and Rule Required Course and a separate Board-approved State and Federal Fair Housing Course; the statute sets a floor of at least two hours on state and federal fair housing laws. Cite: ORS 696.174(1)(a), (1)(b); OAR 863-020-0010(2)(b), (2)(c) (REA 4-2025, effective 01/01/2026).

To earn credit for the broker advanced practices course required before a first active renewal, an Oregon broker must:

• a.attend all 26 clock hours
• b.score at least 75% on a 60-question assessment✓
• c.score at least 70% on a 100-question exam
• d.submit a case study to the Real Estate Board

The Agency-approved broker advanced practices course runs 26 clock hours, and credit requires a passing score of at least 75% on an assessment of licensee proficiency containing 60 questions. Cite: OAR 863-022-0020(3), (4) (REA 4-2025, effective 01/01/2026); ORS 696.174(4).

What may an Oregon licensed real estate property manager do?

• a.List and sell one-to-four unit residential property under supervision
• b.Supervise real estate brokers at a branch office
• c.Manage rental real estate under a property management agreement✓
• d.Act as a disclosed limited agent in a sale

A property manager license permits only the management of rental real estate under a written property management agreement with the owner. That licensee may supervise another licensed property manager, but not a real estate broker or principal broker. Cite: ORS 696.022(4)(a), (4)(b); ORS 696.010(19).

What does the Real Estate Commissioner require of every applicant for an initial Oregon real estate license?

• a.Fingerprints and a criminal records check✓
• b.A surety bond of $25,000 filed with the Agency
• c.Membership in a Realtor association
• d.Errors and omissions insurance

The Commissioner must require fingerprints and criminal offender information for initial licensing, and may require them again at renewal; the prints support a state or nationwide criminal records check. Oregon does not condition a license on trade association membership. Cite: ORS 696.022(6)(b); OAR 863-014-0015; OAR 863-014-0035(1)(e).