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OR SB1513

Bill

Status

Enrolled

3/2/2026

Primary Sponsor

Unknown

Origin

Senate

2026 Legislative Measures

AI Summary

  • Real estate teams may continue using the terms "realty" or "real estate" in their team names, and may use names identical to their registered business name, notwithstanding existing restrictions in ORS 696.370(5)
  • Real Estate Commissioner is prohibited from taking disciplinary action against teams for violations of the naming requirements under ORS 696.370(5)
  • Temporary compliance extension expires July 1, 2027, when teams must comply with existing naming law
  • Declares an emergency, making the act effective immediately upon passage

Legislative Description

Relating to real estate professionals; and declaring an emergency.

Last Action

Speaker signed.

3/5/2026

Committee Referrals

Housing and Homelessness2/20/2026
Commerce and General Government2/2/2026

Full Bill Text

No bill text available