Don’t Share Your Commission With That Lawyer!

ORS 696.290 prohibits an Oregon real estate licensee from sharing a commission with someone who is not licensed

By Jeff Sorg, OnlineEd Blog

halt stop dont hand(October 23, 2015) – ORS 696.290 prohibits an Oregon real estate licensee from sharing a commission with someone who is not licensed. An attorney, while exempt from real estate licensing requirements, is an unlicensed person. Sharing your commission with an unlicensed individual is against the law, even when that individual is an attorney who sends a commission demand to escrow, unless the attorney also holds a real estate license.

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