24.5k views
3 votes
"A non-resident license holder may manage property in Oregon.
True
False"

User Rakan
by
8.2k points

1 Answer

2 votes

Final answer:

The statement is true.

Step-by-step explanation:

In the state of Oregon, the regulations around property management can be quite specific. According to Oregon law, a non-resident may obtain a property management license and manage property within the state, but there are certain requirements and conditions that must be met.

For example, in many cases, a non-resident will need to work in conjunction with a resident managing real estate broker. It's crucial to note that real estate laws can vary greatly by state, and it's often necessary for non-residents to be licensed in Oregon specifically for property management.

To manage property in Oregon as a non-resident, individuals must comply with all the statutory requirements, including licensure, which are enforced by the Oregon Real Estate Agency. Non-residents should ensure that they understand and adhere to Oregon's real estate laws to avoid any legal issues that could arise from operating without proper authorization.

User Anish Goyal
by
8.3k points