Oregon Code § 696.840·Enacted ·Last updated March 01, 2026
Statute Text
Compensation and agency relationships.
The payment of compensation or the obligation to pay compensation to a real
estate licensee by the seller or the buyer is not necessarily determinative of
a particular agency relationship between a real estate licensee and the seller
or the buyer. After full disclosure of agency relationships, a listing agent, a
selling agent or a real estate licensee or any combination of the three may
agree to share any compensation paid, or any right to any compensation for
which an obligation arises as the result of a real property transaction, and
the terms of the agreement shall not necessarily be determinative of a
particular relationship. Before entering into an agreement to share
compensation between a listing agent and a buyers agent, the listing agent and
buyers agent must disclose to their respective clients the amount and terms of
the shared compensation. Nothing in this section shall prevent the parties from
selecting a relationship not specifically prohibited by ORS 696.301, 696.392,
Plain English Explanation
This Oregon statute addresses Compensation and agency relationships. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 696.840
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Compensation and agency relationships. Read the full statute text above for details.
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The formal citation is Oregon Code § 696.840. Use this format in legal documents and court filings.
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