LARRC Course

How Ideas Become Laws

• Legislator "sponsors" bill
• Legislative counsel drafts language
• Referred to committee
• Public hearings
• Vote
• Governor signature

Laws vs. Rules

Laws

• Often vague
• Requires someone to apply the law to the facts
• Creates discretion

Rules

• More precise
• Less discretion
• Time consuming

Interpretation

• Text & Context
• Stare decisis
• Harmonization
• Legislative History
• Intent

HB 2140

• Seismic risk disclosure
• Pre-1974?
• Bolted to foundation?

HB 2510 & 2511

• Electric vehicle charging stations
• Personal use only
• Landlord must allow installation

Senate Bill 67

SB 67 - Section 2

• Suspension or revocation of principal broker's license
• Does not impact other brokers unless they have knowledge
• Course of dealing = prima facie evidence

SB 67 - Section 3

• Defines "Business Day"
• Defines "Commingle"

SB 67 - Section 4

• Broker with at least 3 years experience may supervise another broker for up to 90 days b/c of unforeseen circumstances or temporary absence of principal broker

SB 67 - Section 5

• Registered business names must be renewed annually
• Each registered business name must have associated principle broker
• Property managers and co-ownership with real estate brokers

Corporate Entites

• LLC
• LLP
• S-Corps
• Joint Ventures
• Assumed business names (ABN)

SB 67 - Section 5

• Additional business names

SB 67 - Section 7

• Demand for compensation

SB 67 - Section 15

• Compensation
• Trust Accounts

SB 67 - Section 13

• Death of sole principal broker
• Commissoner may issue temporary real estate license

SB 67 - Section 21

• Supervision agreements
• Between principal brokers

Supervision Agreements

• Allocate duties & responsibilities
• Contemplate future supervision duties

HB 2189

• Statute of limitations vs. statute of ultimate repose
• Claims related to appraisal activity

HB 2111

• CC&Rs may not prohibit solar panel installation
• 1970s statute

Senate Bill 68

SB 68 - Section 1

• Renewal fee for active brokers: $300
• Renewal fee for inactive brokers: $150
• Late fee: $150
• Registered business name fee: $300

Contaminated Properties

• Prospective Purchaser Agreements
• Disclosures
• Strict Liability

Administrative Rule Changes

OAR 863-014-0063

• Change of firms, continuation of transaction

OAR 863-14-0075

• Suspended licenses and expiration dates

Vicarious Liability

OAR 863-014-0095

• Registered business names

Trust Accounts

OAR 863-014-0097

• Failure to renew or expired registered business names

OAR 863-015-0092

• Trust account audits
• Mail-in audit is now called "reconciliation mail-in review"

OAR 863-015-0135

• Addendums and amendments must be in writing

Advertising

• Registered business name must be prominently displayed
• Written permission from property owner

OAR 863-015-0135

• Addendums and amendments must be in writing

OAR 863-015-0145

• Personal real estate transactions
• Duty to disclose license status
• Only required in Oregon

OAR 863-015-0200

• Changes to Final Agency Acknowledgement

HB 2855

• Creates procedure when seller refuses to convey title
• Recording of notice
• Damages = greater of $5000 or actual damages

OAR 863-0257

• Trust accounts
• Checks payable to seller delivered to seller (not deposited in trust account)

OAR 863-020-0007

• Continuing education
• Instruction must explain length of course before starting
• Courses must be taken online or in classroom

Contact

• Kevin Harker
• kevin@calaw.attorney
• www.calaw.attorney
• 503-922-1939

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