How Does a Licensee Change Real Estate Companies?

License transfers are done in eLicense, the Agency’s online license management system.

If you are a real estate licensee wanting to change companies, go to the Agency’s website and select the "ENTER eLicense" link located under the picture of the red laptop computer. Then login to eLicense using your User ID and Password, and select “Inactivate My License.” When your license is inactive, your former principal broker or property manager will receive an email notice indicating you are no longer with that company. Please note: While your license is inactive, you may not conduct professional real estate activity.

Your new company must now finish the transfer process. The principal broker or property manager will enter eLicense and add you as an associated licensee. The principal broker or property manager will then pay the $10 transfer fee.

Once this process is completed, you will be notified by e-mail that your license is active.

Information for principal brokers and property managers on managing your business in eLicense.

Opportunity to Comment on Septic System Inspection Rules for "Coastal" Counties

The Oregon Department of Environmental Quality (DEQ) has filed proposed rules that will require a septic system inspection prior to the transfer of property in the following counties: Clatsop, Tillamook, Lincoln, Lane (west of the coast range), Douglas, Coos, Curry, Jackson and Josephine.

Notice of the rules will be posted on the DEQ’s Septic System website on August 31. The DEQ will accept public comment on the draft rules through September 25.

Federal Agency Proposes Mortgage Rules to Help Consumers

The U.S. Government's Consumer Financial Protection Bureau (CFPB) seeks public comments on its proposal to require lenders to offer a no-point, no-fee loan option, and require interest-rate reductions when a borrower pays fees or points upfront. Other proposed rules would set qualification and screening standards for loan originators and prohibit steering incentives.

Consumer Financial Protection Bureau proposes rules to bring greater accountability to mortgage market

New Farms and Ranches Awarded Century Status

The Oregon Century Farm and Ranch program has selected 18 families in recognition for operating either a Century or Sesquicentennial farm or ranch.

A Century and More of Oregon Farming, with Help from Land-Use Laws and Property Tax Breaks

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California Releases Advisory on What Qualifies as Real Estate Sales Activity "Within this State"

California Department of Real Estate has provided guidance as to when a person is acting as a real estate broker or salesperson "within this state" and needs a California real estate license. Editor's Note: This advisory only applies to professional real estate activity in California.

What Constitutes Engaging in Real Estate Licensed Activities "Within this State" Requiring a Real Estate Broker or Salesperson License?

Eagle Point Man Jailed for Illegally Collecting Rainwater

Gary Harrington has been jailed for 30 days for collecting rainwater in three reservoirs on his property without a permit. The reservoirs hold nearly 13 million gallons of water, in apparent violation of Oregon's water laws.

Man Jailed for Collecting Rainwater in Illegal Reservoirs on His Property

In This Issue

• How Does a Licensee Change Companies?
• Opportunity to Comment on Septic Inspections Rules
• Federal Agency Proposes Mortgage Rules to Help Consumers
• Farms, Ranches Awarded Century Status
• CA Advises on "Within this State"
• Eagle Point Man Jailed for Collecting Rainwater

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