Section 696.995 – Civil penalties for violation of ORS 696.603, 696.606 or 696.612.
(1) Any person who violates ORS 696.603, 696.606 or 696.612 may be required by the Real Estate Commissioner to forfeit and pay to the General Fund of the State Treasury a civil penalty in an amount determined by the commissioner of: (a) Not less than $100 nor more than $500 for the first violation of […]
Section 696.815 – Representation of both buyer and seller; obligations.
(1) A real estate licensee may represent both the seller and the buyer in a real estate transaction under a disclosed limited agency agreement, with full disclosure of the relationship under the agreement. (2) A real estate licensee acting pursuant to a disclosed limited agency agreement has the following duties and obligations: (a) To the […]
Section 696.615 – Publication of sanctions imposed for violations.
The Real Estate Commissioner shall publish information in local newspapers pertaining to sanctions imposed for violations of ORS 696.603, 696.606 or 696.612 in a manner allowed under ORS 696.430 and 696.445 (3). [1995 c.217 §7]
Section 696.618 – Denial of right to court action for unlicensed real estate marketing organization.
No person carrying on, conducting or transacting any real estate marketing activity may maintain any suit or action in any of the courts of this state to enforce any claim arising out of real estate marketing activity without alleging and proving that the person was licensed under ORS 696.606 at the time of performing such […]
Section 696.621 – Real Estate Marketing Account.
The Real Estate Marketing Account is established as an account in the General Fund of the State Treasury. All moneys received by the Real Estate Agency pursuant to ORS 696.392, 696.600 to 696.785 and 696.995 shall be paid into the State Treasury and credited to the account. All moneys in the account are appropriated continuously […]
Section 696.624 – Consent by nonresident real estate marketing organization to service of summons or process required.
(1) Every nonresident real estate marketing organization, at the time of licensing, shall file with the Real Estate Commissioner an irrevocable consent that if, in any suit or action commenced against the nonresident organization in this state arising out of a violation of any provision of ORS 696.603, 696.606 or 696.612, personal service of summons […]
Section 696.627 – On-site inspection allowed; deposit.
(1) The Real Estate Commissioner may make an on-site inspection of any real estate marketing organization. (2) When an on-site inspection under subsection (1) of this section is to be made, the commissioner may require the organization to advance a deposit not to exceed $200 per day, in addition to any other fee, for making […]
Section 696.710 – Necessity of alleging license in action to collect compensation.
(1) A real estate broker or principal real estate broker conducting professional real estate activity within this state may not bring or maintain any action for the collection of compensation without alleging and proving that the individual was a real estate licensee when the alleged cause of action arose. (2) An action for collection of […]
Section 696.720 – Remedies are concurrent.
The remedies provided for in ORS 696.010 to 696.495, 696.600 to 696.785, 696.800 to 696.870 and 696.995 are in addition to and not exclusive of any other remedies provided by law.
Section 696.730 – Jurisdiction of courts for violations; revoking license upon conviction; copy of order to commissioner.
Any court of competent jurisdiction, including a justice court, has full power to hear any violation of ORS 696.010 to 696.495, 696.600 to 696.785, 696.800 to 696.870 and 696.995 by an individual licensed under ORS 696.022, and, upon finding a violation, the court may, at its discretion and in addition to the other penalties imposed, […]