Oregon Law and Rule Required Course (LARRC)
Oregon Law and Rule Required Course (LARRC) introduces the latest updates to Oregon real estate laws and rules, including a close look at which requirements have been added, deleted, or otherwise amended in the last couple of years. Specifically, this course discusses Senate Bill 23, which became Oregon Revised Statute Chapter 145. Chapter 145 amended several sections of the previous version of the Oregon Revised Statutes, which added, repealed, or otherwise changed numerous legal provisions in regard to real estate licensees in the State of Oregon.
Other topics in this course include the most common areas of noncompliance by licensees, as discovered through the voluntary compliance reviews taken by licensed real estate property managers and licensed principal real estate brokers in Nevada.
Finally, the requirements for the Initial Agency Disclosure Pamphlet are discussed in Lesson 4. These requirements include the requirements for providing the Initial Agency Disclosure Pamphlet to consumers and prospective clients and customers, the legal weight of the pamphlet (it has none, as it is strictly informational), and the specific content that must be included in the pamphlet, under the Oregon Revised Statutes.
Oregon Law and Rule Required Course (LARRC) includes the following lessons:
- LARRC and Intro to Chapter 145
- Chapter 145
- Common Areas of Legal Non-Compliance
- Initial Agency Disclosure Pamphlet
Requirements for Completing Oregon Law and Rule Required Course (LARRC)
There are three important steps to completing a course:
- Complete ALL lessons in the course by answering each question correctly at least twice. Most questions are timed and need to be answered within the prescribed time for credit. A lesson is not complete until it is checked off on the main menu.
- Once you have completed the lessons on the computer, you must submit a signed “Student Affidavit” that you personally completed the entire course yourself. Under state law, this Affidavit must be received before a Course Completion Certificate can be issued or your course completion can be electronically reported to your state (if applicable).
- If a final exam is required, you must schedule a proctored exam (or take an online exam if available in your state) and pass the exam (please see “State Requirements” page for the specific passing score required in your state.) (The “Course Available” page will indicate which courses require a final exam, and whether they require a proctor or are available online.)
Once these three steps have been completed, we will issue a Course Completion Certificate or electronically report your course completion to your state (if applicable).
Getting Credit for Completion
You may have up to two opportunities to pass the exam (depending on your states guidelines). Once all course requirements are completed, you will be issued a Course Completion Certificate or your course completion will be electronically reported to your state (if applicable). It will be mailed to you via the U.S. Mail. The Certificate will be placed in the mail within 3-5 business days after you have satisfied all course requirements.