Oregon Revised Statutes Chapter 696 § 696.405 — Real
Oregon Revised Statutes Chapter 696 ·
Oregon Code § 696.405·Enacted ·Last updated March 01, 2026
Statute Text
Real
Estate Board; appointment; term; qualifications; compensation; expenses.
(1) The Real Estate Board is
established within the Real Estate Agency. The board shall consist of nine
members appointed by the Governor to hold office for a period of four years,
but to serve at the pleasure of the Governor. Seven members of the board
appointed by the Governor must have been, before the date of their appointment,
real estate licensees actively engaged for five years in professional real
estate activity in this state. Two members to be appointed by the Governor
shall not be real estate licensees or have been connected with, or employed by,
the Real Estate Agency or a predecessor thereof. In case of a vacancy for any
cause, the Governor shall make an appointment to become immediately effective
for the unexpired term.
(2) A member of
the board is entitled to compensation or expenses as provided in ORS 292.495. [1963
c.580 §43; 1969 c.314 §97; 1975 c.746 §27; 1977 c.649 §46; 1981 c.617 §17; 1987
c.414 §39; 1993 c.744 §250]
Plain English Explanation
This Oregon statute addresses Real
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 696.405
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Real
. Read the full statute text above for details.
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The formal citation is Oregon Code § 696.405. Use this format in legal documents and court filings.
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