Oregon Real Estate Agency's - Reactivation Exam Information

Oregon Real Estate Agency’s

Reactivation Exam

Information

Who Needs to Take the

Reactivation Exam?

You need to take and pass the reactivation to activate

your license if your license has been inactive for two

or more consecutive years.

EXAM PROVIDER

PSI Examination Services (PSI) is contracted to

provide real estate exams at testing centers in

Oregon.

Applicants must register, schedule, pay and take

the exam with PSI. Detailed exam procedures

are provided in the Candidate Information

Bulletin.

How to Register for the Exam

email to orea.info@rea.oregon.gov . Include your

full licensed name, license number, type of license,

email address, and date of birth. PSI will notify you

by email when you are eligible to schedule and pay

for the re-activation exam.

Fee

Reactivation exam fee is $75.

Online Scheduling

1. Find your account with PSI at https://test-

takers.psiexams.com/orre. Enter your email

address and first and last name as it is listed

with the Agency. Be sure to check the box that

says, “Check here to attempt to locate existing

records for you in the system.”

2. Next, select the exam you need (Broker Reactiva-

tion or Property Manager Reactivation) and enter

your ID number (your license number).

3. When your record is found, you can pay for and

schedule your exam. Enter your zip code for a list

of the closest exam sites. Once you chose the exam

site, available dates will appear.

If you have problems, contact PSI at (833) 892-5441.

Phone Registration

Call (833) 892-5441 to register by phone. The auto-

mated phone system is available 24 hours a day.

Customer service representatives are available the

following Pacic Time hours:

4:30 a.m. to 7:00 p.m., Monday - Friday

8:00 a.m. to 2:30 p.m., Saturday - Sunday

Canceling and Rescheduling an Exam

You may cancel and reschedule an exam appoint-

ment without forfeiting the exam fee if your cancella-

tion notice is received 2 full business days before the

scheduled examination date.

Rev. 1/2023

To cancel and reschedule an exam appointment, you

may:

• Go online at https://test-takers.psiexams.com/

orre; or

• Call PSI at (833) 892-5441, Monday through Fri-

day, 4:30 a.m. to 7:00 p.m., and Saturday and

Sunday, 8:00 a.m. to 2:30 p.m., Pacific Time.

Please note: A voice mail message is NOT an accept-

able form of cancelation.

Missed Appointment or Late Cancellation

You will forfeit the examination fee and must sched-

ule and pay for another exam if you:

• Do not cancel an exam appointment 2 full busi-

ness days before the scheduled examination date;

• Do not appear for your scheduled exam appoint-

ment;

• Arrive after the scheduled examination start time;

• Do not present proper identication upon arrival

at the Test Center.

ALTERNATIVE EXAM ARRANGEMENTS

All PSI Test Centers are equipped to provide

access in accordance with the Americans with

Disabilities Act (ADA) of 1990, and exam accom-

modations will be made in meeting a candidate’s

needs.

A candidate wishing to request test accomoda-

tions must submit a request to PSI.

TIPS FOR PREPARING FOR

YOUR EXAM

The emphasis of the examination is on basic concepts

of real estate and on current laws, including admin-

istrative rules and regulations. Prior to examination,

applicants should thoroughly review their knowledge

of real estate practice, Oregon real estate laws and

rules, and real estate nance.

Study of the following material before taking the exam

will be helpful:

• Oregon Real Estate License Law (ORS chapter 696)

and Oregon Administrative Rules chapter 863.

• Real estate textbooks in Law, Finance, Practices

and Property Management. It is advisable to re-

view the textbooks or other material you studied

to obtain your license, paying special attention to

basic concepts.

Textbooks and materials on real estate are available

from libraries, private real estate schools, community

college and university bookstores, and directly from

publishing companies.

TEST CENTER INFORMATION

Reactivation examinations are administered at PSI

Test Centers in:

• Baker City

• Bend

• Eugene

• Independence

• Medford

• Portland

Specic locations and driving directions will be pro-

vided by PSI.

PSI also has an option for remote online

test proctoring. Please visit https://test-

takers.psiexams.com/orre for more information on

the registration and report-ing process.

Reporting to the Test Center

On the day of the exam, you must arrive at

least 30 minutes before your scheduled exam-

ination appointment time. This extra time is for

sign-in, identication, and becoming familiar with

the examination process.

If you do not arrive at your scheduled exam appoint-

ment time, you may not be admitted to the Test Cen-

ter and will forfeit your examination fee. You would

then need to register and pay for another exam.

Required Identication at Test Center

You must provide valid photo identication a t the

Test Center. The identication must include:

• A photograph,

• The name under which you registered for the

exam, and

• Your signature.

Examples of acceptable photo identication are a

driver’s license, a passport, a military ID, or an em-

ployee identication card.

If you do not possess photo identication you may

apply to the Department of Motor Vehicles for a

“non-driver identication card.”

Please note: If you recently changed your name (e.g.

married, divorced), or if your last name includes a

generation indicator (e.g. Jr., III), be sure that the

name that appears on your photo identication is the

same name you registered for the exam.

If you cannot provide the required identication, you

must call PSI at (800) 733-9267 at least 3 weeks pri-

or to your scheduled exam appointment to arrange

a way to meet this security requirement. Failure to

provide the required identication at the time of the

examination without notifying PSI is considered a

missed appointment, and you will not be able to take

the examination. You would need to register and pay

for another exam.

Test Center Closing for an Emergency

In the event that severe weather or another emergen-

cy forces the closure of a Test Center on a scheduled

examination date, your examination will be resched-

uled. PSI personnel will attempt to contact you in this

situation. However, you may check the status of your

examination appointment by calling PSI at (833)

892-5441 or checking online at https://test-

takers.psiexams.com/orre.

PSI will make every effort to reschedule your

exam-ination at a convenient time as soon as

possible.

Test Center Locations Calculator

Applicants can only bring a calculator that has all of

the following features:

• Nonprogrammable.

• Silent.

• Battery-operated.

• Does not have paper tape printing capabilities.

• Does not have a keyboard containing the alpha-

bet.

Security Procedures

The examinations are closed book. You will not be

allowed to bring any reference materials to the Test

Center.

The following security procedures will apply during

the examination:

• All examinations are CLOSED book.

• PSI test sites do not provide drinking water. You

can bring a bottle of water to the site; however, it

must be left with the proctor during testing. The

examination time does not stop for any breaks

taken.

• Only non-programmable calculators that are si-

lent, battery-operated, do not have paper tape

printing capabilities, and do not have a keyboard

containing the alphabet will be allowed in the ex-

amination site.

• Candidates may take only approved items into the

examination room.

• All personal belongings of candidates, with the

exception of close-tting jackets or sweatshirts,

should be placed in the secure storage provided at

each site prior to entering the examination room.

Personal belongings include, but are not limited

to, the following items:

◦ Electronic devices of any type, including cel-

lular / mobile phones, recording devices, elec-

tronic watches, cameras, pagers, laptop com-

puters, tablet computers (e.g., iPads), music

players (e.g., iPods), smart watches, radios, or

electronic games.

◦ Bulky or loose clothing or coats that could be

used to conceal recording devices or notes, in-

cluding coats, shawls, hooded clothing, heavy

jackets, or overcoats.

◦ Hats or headgear not worn for religious rea-

sons or as religious apparel, including hats,

baseball caps, or visors.

◦ Other personal items, including purses, note-

books, reference or reading material, brief-

cases, backpacks, wallets, pens, pencils, other

writing devices, food, drinks, and good luck

items.

• Person(s) accompanying an examination can-

didate may not wait in the examination center,

inside the building or on the building’s proper-

ty. This applies to guests of any nature, including

drivers, children, friends, family, colleagues or in-

structors.

• No smoking, eating, or drinking is allowed in the

examination center.

• During the check-in process, all candidates will be

asked if they possess any prohibited items. Candi-

dates may also be asked to empty their pockets and

turn them out for the proctor to ensure they are

empty. The proctor may also ask candidates to lift

up the ends of their sleeves and the bottoms of their

pant legs to ensure that notes or recording devices

are not being hidden there.

• Proctors will also carefully inspect eyeglass frames,

tie tacks, or any other apparel that could be used

to harbor a recording device. Proctors will ask to

inspect any such items in candidates’ pockets.

• If prohibited items are found during check-in, can-

didates shall put them in the provided secure stor-

age or return these items to their vehicle. PSI will

not be responsible for the security of any personal

belongings or prohibited items.

• Any candidate possessing prohibited items in the

examination room shall immediately have his or

her test results invalidated, and PSI shall notify the

examination sponsor of the occurrence.

• Any candidate seen giving or receiving assistance

on an examination, found with unauthorized ma-

terials, or who violates any security regulations will

be asked to surrender all examination materials

and to leave the examination center. All such in-

stances will be reported to the examination spon-

sor.

• Copying or communicating examination content

is violation of a candidate’s contract with PSI, and

federal and state law. Either may result in the dis-

qualication of examination results and may lead

to legal action.

• Once candidates have been seated and the exam-

ination begins, they may leave the examination

room only to use the restroom, and only after ob-

taining permission from the proctor. Candidate will

not receive extra time to complete the examination.

DESCRIPTION OF EXAMS

Exam Time Limit

You have 120 minutes to take the reactivation exam.

Number of Questions

Each reactivation exam consists of 48 multiple-choice

questions. A score of 75% (36 questions correct) is re-

quired to pass.

In addition to the number of examination items spec-

ied, a small number of “experimental” questions

may be administered to candidates during the exams.

These questions will not be scored, and the time taken

to answer them will not count against exam time. The

administration of such non-scored experimental ques-

tions is an essential step in developing future exams.

Exam Content

The following are the major content areas and the

number questions that will be in each area.

Broker Reactivation

General Real Estate Law (11 questions)

Questions include: Agency duties; Contract provisions;

Easements; Listing agreements; Oers to purchase;

Options; and Property rights and ownership.

Oregon Real Estate License Law (15 questions)

Questions include: Broker/principal broker relation-

ships; Principal broker responsibilities; Clients’ trust

accounts; Earnest money rules; Required disclosures;

License law violations; and Unlicensed assistants.

Real Estate Finance (9 questions)

Questions include: Acceleration clauses; Area calcula-

tions; Federal lending laws; FHA; Foreclosure; Mort-

gage and price calculations; and Types of mortgages.

Special Fields (3 questions)

Questions include: Fair housing; Property manage-

ment; and Landlord responsibilities.

Control Laws (10 questions)

Questions include: Condominium Act (ORS 100); Con-

struction liens; Oregon Trust Deed Act (ORS 86); Or-

egon water rights; Oregon Residential Landlord and

Tenant Act (ORS 90); Statute of Frauds; Subdivisions

and partitions (ORS 92); and Tax assessments and liens.

TAKING THE EXAMINATION

Detailed exam procedures are provided in the Candi-

date Information Bulletin available from PSI’s

website at https://test-takers.psiexams.com/orre.

Property Manager Reactivation

Basic Real Estate Law (5 questions)

Questions include: Real property vs. personal proper-

ty; and Types of estates and tenancies.

Oregon License Law and Rules (6 questions)

Questions include: Property manager needs a license;

Deliver copies of documents; Finders’ fees; Required

receipts; Statute of Frauds, and Unlicensed resident

manager.

Oregon Residenential Landlord and Tenant Act (5

questions)

Questions include: Disclosures to tenants; Distraint;

Essential services; Fair housing; Forcible entry and de-

tainer; Lockouts; Rent due date; Retaining security de-

positi Scope of Landlord and Tenant Act; and Tenant

rules.

Clients’ Trust Funds (9 questions)

Questions include: Reports and reconciliations; Tenant

ledger; Tenant secuirty deposit; Time to deposit trust

monies; Transferring trust funds; and Trust account

rules.

Real Estate Contracts and Agency (12 questions)

Questions include: Agency duties; Denition of con-

tract terms; Dual agency; Property management agree-

ment requirements; Requirements for valid lease;

Termination of property management agreement; Dis-

closure of monetary interests; and Voidable contracts.

Transfer of Title (2 questions)

Questions include: Deed validity; Easements; and Pro-

visions of dierent lease types.

AFTER THE EXAM

Score Reporting

A score of 75% or better is required to pass the reacti-

vation examinations.

Passing scores are only good one year from the date

of the exam. You must complete all your reactivation

requirements by that time or you will be required to

retake the examination.

Your score will be given to you immediately following

completion of the examination. Your score results are

sent electronically to the Real Estate Agency within

3 business days.

If you do not pass, you can retake the exam by con-

tacting PSI to schedule an appointment and paying the

appropriate fee.

If you pass:

• Complete your required continuing education.

• Log in to eLicense and select “Reactivate My Li-

cense.” Be sure to pay the required reactivation fee.

• Have your new principal broker or property man-

ager associate you with their Registered Business

Name within 30 days. If you fail to get associated

with a business in 30 days, than you will have to log

in to eLicense and pay the reactivation fee again.

Comments about Exams

PSI, in cooperation with the Oregon Real Estate Agen-

cy, evaluates the examinations administered to ensure

that the exam accurately measures competency in the

required knowledge areas.

While taking the examination, examinees will have the

opportunity to provide comments on any questions by

clicking on the comments button.

These comments will be analyzed by PSI examination

development sta. While PSI does not respond to in-

dividuals regarding these comments, all substantive

comments are reviewed.

This is the only review of examination ques-

tions available to candidates.

MORE INFORMATION

Contact the Agency at (503) 378-4170 or

orea.info@rea.oregon.gov for more information

on reactivating your license.

Contact PSI at (833) 892-5441 for more infor-

mation

about registering and taking the reactiva-

tion exam.

View Oregon Real Estate License Laws and

associated laws and rules at www.oregon.gov/

rea/Pages/laws-rules.aspx.