Property Manager Advanced Practices

FIRST TIME LICENSE RENEWAL COURSE (Required) - This course is approved by the Oregon Real Estate Agency (OREA) and complies with Agency requirements for Oregon licensees who are renewing their real estate property manager license for the first time. Licensees are required to take 30 hours of continuing education every 2 years to keep their property manager license active and must complete a 27-hour Advanced Practices course and a 3-hour Law and Rule Required Course (LARRC) at their first license renewal.

This Property Manager Advance Practices post-licensing course is divided into ten regulation-required topics:

1. The Property Manager
2. Real Estate License Law
3. Property Management Agreements
4. Operating a Property Management Business
5. Trust Funds
6. Property Management Accounting
7. Oregon Residential Landlord and Tenant Act
8. Fair Housing
9. Commercial Property Management
10. Emergency Planning and Energy Efficiency

Each topic segment covers specific facts, information, and details. Short questions will appear between pages to help students comprehend the presented information. At the end of each segment is a quiz of no more than 10 questions.

At the end of the course is a 60-question final exam. The final exam is not timed, requires a minimum passing score of 75%, and can be taken as many times as necessary to pass.

After successfully completing the final exam for this 27-hour course, a course completion certificate will be generated. This certificate should be printed and kept with your education files as proof of meeting the OREA-required first-time renewal education course. You are not required to send this certificate to the Agency, but must have it available if the Agency requests it.

Note: Oregon Real Estate Agency regulations now require students to spend the required amount of seat time on continuing education courses. Students will need to study the materials for 27 clock hours (50 minutes per hour) before gaining access to the final exam to complete this course.